BULL PUT SPREAD	SHORT CALL LADDER
About Strategy	Bull Put Spread Option Strategy Bull Put Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to move in an upward trend in the near future. This strategy includes buying of an ‘Out of the Money’ Put Option and selling of ‘In the Money’ Put Option of the same underlying asset and the same expiration date. When you write a Put, you will receive prem Read more..	Short Call Ladder Option Strategy  This strategy is implemented when a trader is moderately bullish on the market, and volatility. It involves sale of an ITM Call Option, buying of an ATM Call Option & OTM Call Option. The risk associated with the strategy is limited. Risk: Read more..

BULL PUT SPREAD Vs SHORT CALL LADDER - Details

	BULL PUT SPREAD	SHORT CALL LADDER
Market View	Bullish	Neutral
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	2	3
Strategy Level	Advance	Advance
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Strike price of short put - net premium paid	Upper Breakeven Point = Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received Lower Breakeven Point = Strike Price of Short Call - Net Premium Received

BULL PUT SPREAD Vs SHORT CALL LADDER - When & How to use ?

	BULL PUT SPREAD	SHORT CALL LADDER
Market View	Bullish	Neutral
When to use?	Bull Put Spread strategy is used when you're of the view that the price of a particular underlying will rise, move sideways, or marginally fall.	This strategy is implemented when a trader is moderately bullish on the market, and volatility
Action	Buy OTM Put Option, Sell ITM Put Option	Sell 1 ITM Call, Buy 1 ATM Call, Buy 1 OTM Call
Breakeven Point	Strike price of short put - net premium paid	Upper Breakeven Point = Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received Lower Breakeven Point = Strike Price of Short Call - Net Premium Received

BULL PUT SPREAD Vs SHORT CALL LADDER - Risk & Reward

	BULL PUT SPREAD	SHORT CALL LADDER
Maximum Profit Scenario	Max Profit = Net Premium Received	Profit Achieved When Price of Underlying > Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received
Maximum Loss Scenario	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received	Strike Price of Lower Strike Long Call - Strike Price of Short Call - Net Premium Received + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

BULL PUT SPREAD Vs SHORT CALL LADDER - Strategy Pros & Cons

	BULL PUT SPREAD	SHORT CALL LADDER
Similar Strategies	Bull Call Spread, Bear Put Spread, Collar	Short Put Ladder, Strip, Strap
Disadvantage	• Limited profit potential. • In loss situations, time decay may go against you.	• Unlimited risk. • Margin required.
Advantages	• Benefit from the time decay in profit positions but harmful in loss positions. • Profitable when underlying stock price rises, move sideways or marginal drop. • Reduce the downside risk.	• Higher probability of profit. • Unlimited upside profit. • Limited maximum loss.