SHORT PUT LADDER	BEAR PUT SPREAD
About Strategy	Short Put Ladder Option Strategy  This strategy is implemented when a trader is slightly bearish on the market. A trader is required to be bullish over the volatility in the market. It involves sale of an ITM Put Option and buying of 1 ATM & 1 OTM Put Options. However, the risk associated with this strategy is limited. 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..

SHORT PUT LADDER Vs BEAR PUT SPREAD - Details

	SHORT PUT LADDER	BEAR PUT SPREAD
Market View	Neutral	Bearish
Type (CE/PE)	PE (Put Option)	PE (Put Option)
Number Of Positions	3	2
Strategy Level	Advance	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Strike Price of Long Put - Net Premium

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

	SHORT PUT LADDER	BEAR PUT SPREAD
Market View	Neutral	Bearish
When to use?	This strategy is implemented when a trader is slightly bearish on the market.	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	Sell ITM Put Option, Buying 1 ATM & 1 OTM Put Option.	Buy ITM Put Option, Sell OTM Put Option
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Strike Price of Long Put - Net Premium

SHORT PUT LADDER Vs BEAR PUT SPREAD - Risk & Reward

	SHORT PUT LADDER	BEAR PUT SPREAD
Maximum Profit Scenario	When Price of Underlying < Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.
Maximum Loss Scenario	Strike Price of Short Put - Strike Price of Higher Strike Long Put - Net Premium Received + Commissions Paid	Max Loss = Net Premium Paid.
Risk	Limited	Limited
Reward	Unlimited	Limited

SHORT PUT LADDER Vs BEAR PUT SPREAD - Strategy Pros & Cons

	SHORT PUT LADDER	BEAR PUT SPREAD
Similar Strategies	Strap, Strip	Bear Call Spread, Bull Call Spread
Disadvantage	• Best to use when you are confident about movement of market. • Small margin required.	• Limited profit. • Early assignment risk.
Advantages	• When there is surge in implied volatility, this strategy can give more profit. • Unlimited downside profit. • Limited risk and unlimited reward strategy.	• 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.