BEAR PUT SPREAD	BULL CALENDER SPREAD
About Strategy	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..	Bull Calendar Spread Option Strategy This strategy is implemented when a trader is bullish on the underlying stock/index in the short term say 2 months or so. A trader will write one Near Month OTM Call Option and buy one next Month OTM Call Option, thereby reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when a trader wants to make prof .. Read more..

BEAR PUT SPREAD Vs BULL CALENDER SPREAD - Details

	BEAR PUT SPREAD	BULL CALENDER SPREAD
Market View	Bearish	Bullish
Type (CE/PE)	PE (Put Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Strike Price of Long Put - Net Premium	Stock Price when long call value is equal to net debit.

BEAR PUT SPREAD Vs BULL CALENDER SPREAD - When & How to use ?

	BEAR PUT SPREAD	BULL CALENDER SPREAD
Market View	Bearish	Bullish
When to use?	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.	This strategy is used when a trader wants to make profit from a steady increase in the stock price over a short period of time.
Action	Buy ITM Put Option, Sell OTM Put Option	Sell 1 Near-Term OTM Call, Buy 1 Long-Term OTM Call
Breakeven Point	Strike Price of Long Put - Net Premium	Stock Price when long call value is equal to net debit.

BEAR PUT SPREAD Vs BULL CALENDER SPREAD - Risk & Reward

	BEAR PUT SPREAD	BULL CALENDER SPREAD
Maximum Profit Scenario	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.	You have unlimited profit potential to the upside.
Maximum Loss Scenario	Max Loss = Net Premium Paid.	Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

BEAR PUT SPREAD Vs BULL CALENDER SPREAD - Strategy Pros & Cons

	BEAR PUT SPREAD	BULL CALENDER SPREAD
Similar Strategies	Bear Call Spread, Bull Call Spread	The Collar, Bull Put Spread
Disadvantage	• Limited profit. • Early assignment risk.	• Limited profit even if underlying asset rallies. • If the short call options are assigned when the underlying asset rallies then losses can be sustained.
Advantages	• 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.	• Limited losses to the net debit. • Enable trader to book profit even if underlying asset stays stagnant. • If the market trends reverse, cashing in from stock price movement at limited risk.