BULL PUT SPREAD	PUT BACKSPREAD
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..	Put Backspread Option Strategy If the trader is bearish on market and bullish in volatility, he will implement this strategy. However the trader can be neutral in nature i.e. indifferent if the market moves in either of the direction, this strategy will make profits, but uptrend will give a capped income than downtrend which will give unlimited returns. Read more..

BULL PUT SPREAD Vs PUT BACKSPREAD - Details

	BULL PUT SPREAD	PUT BACKSPREAD
Market View	Bullish	Bearish
Type (CE/PE)	PE (Put Option)	PE (Put Option)
Number Of Positions	2	2
Strategy Level	Advance	Advance
Reward Profile	Limited
Risk Profile	Limited
Breakeven Point	Strike price of short put - net premium paid

BULL PUT SPREAD Vs PUT BACKSPREAD - When & How to use ?

	BULL PUT SPREAD	PUT BACKSPREAD
Market View	Bullish	Bearish
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.
Action	Buy OTM Put Option, Sell ITM Put Option
Breakeven Point	Strike price of short put - net premium paid

BULL PUT SPREAD Vs PUT BACKSPREAD - Risk & Reward

	BULL PUT SPREAD	PUT BACKSPREAD
Maximum Profit Scenario	Max Profit = Net Premium Received
Maximum Loss Scenario	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received
Risk	Limited	Limited
Reward	Limited	Unlimited

BULL PUT SPREAD Vs PUT BACKSPREAD - Strategy Pros & Cons

	BULL PUT SPREAD	PUT BACKSPREAD
Similar Strategies	Bull Call Spread, Bear Put Spread, Collar
Disadvantage	• Limited profit potential. • In loss situations, time decay may go against you.
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.