SYNTHETIC LONG CALL	BEAR PUT SPREAD
About Strategy	Synthetic Long Call Option Strategy A trader is bullish in nature for short term, but also fearful about the downside risk associated with it. Here, a trader wants to hold an underlying asset either in physical form like in case of commodities or demat (electronic) form in case of stocks. But he is always exposed to downside risk and in order to mitigate his losses, Read more..	Bear Put Spread Option Strategy  When a trader is moderately bearish on the market he can implement this strategy. Bear-Put-Spread involves buying of ITM Put Option and selling of an OTM Put Option. If prices fall, the ITM Put option starts making profits and the OTM Put option also adds to profit at a certain extent if the expiry price stays above the OTM strike. However, if it falls below the OTM .. Read more..

SYNTHETIC LONG CALL Vs BEAR PUT SPREAD - Details

	SYNTHETIC LONG CALL	BEAR PUT SPREAD
Market View	Bullish	Bearish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Advance
Reward Profile	When Price of Underlying > Purchase Price of Underlying + Premium Paid	Limited
Risk Profile	Limited (Maximum loss happens when the price of instrument move above from the strike price of put)	Limited
Breakeven Point	Underlying Price + Put Premium	Strike Price of Long Put - Net Premium

SYNTHETIC LONG CALL Vs BEAR PUT SPREAD - When & How to use ?

	SYNTHETIC LONG CALL	BEAR PUT SPREAD
Market View	Bullish	Bearish
When to use?	A trader is bullish in nature for short term, but also fearful about the downside risk associated with it.	The bear call spread options strategy is used when you are bearish in market view. The strategy minimizes your risk in the event of prime movements going against your expectations.
Action	Buy 1 ATM Put or OTM Put	Buy ITM Put Option, Sell OTM Put Option
Breakeven Point	Underlying Price + Put Premium	Strike Price of Long Put - Net Premium

SYNTHETIC LONG CALL Vs BEAR PUT SPREAD - Risk & Reward

	SYNTHETIC LONG CALL	BEAR PUT SPREAD
Maximum Profit Scenario	Current Price - Purchase Price - Premium Paid	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.
Maximum Loss Scenario	Premium Paid	Max Loss = Net Premium Paid.
Risk	Limited	Limited
Reward	Unlimited	Limited

SYNTHETIC LONG CALL Vs BEAR PUT SPREAD - Strategy Pros & Cons

	SYNTHETIC LONG CALL	BEAR PUT SPREAD
Similar Strategies	Protective Put, Long Call	Bear Call Spread, Bull Call Spread
Disadvantage	•Chances of loss if the underlying goes down. •Incur losses if option is exercised.	• Limited profit. • Early assignment risk.
Advantages	•Limited risk, unlimited profit. •Protection to your long-term holdings. • Limited loss to the to the premium paid for Put option.	• If the strike price, expiration date or underlying stocks are rightly chosen then risk of losses would be limited to the net premium paid. • This strategy works well in declining markets. • Limited risk.