SHORT PUT	SHORT PUT LADDER
About Strategy	Short Put Option Strategy A trader will short put if he is bullish in nature and expects the underlying asset not to fall below a certain level. Risk: Losses will be potentially unlimited if the stock skyrockets above the strike price of put. Read more..	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..

SHORT PUT Vs SHORT PUT LADDER - Details

	SHORT PUT	SHORT PUT LADDER
Market View	Bullish	Neutral
Type (CE/PE)	PE (Put Option)	PE (Put Option)
Number Of Positions	1	3
Strategy Level	Beginners	Advance
Reward Profile	Limited	Unlimited
Risk Profile	Unlimited	Limited
Breakeven Point	Strike Price - Premium	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

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

	SHORT PUT	SHORT PUT LADDER
Market View	Bullish	Neutral
When to use?	This strategy works well when you're Bullish that the price of the underlying will not fall beyond a certain level.	This strategy is implemented when a trader is slightly bearish on the market.
Action	Sell Put Option	Sell ITM Put Option, Buying 1 ATM & 1 OTM Put Option.
Breakeven Point	Strike Price - Premium	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

SHORT PUT Vs SHORT PUT LADDER - Risk & Reward

	SHORT PUT	SHORT PUT LADDER
Maximum Profit Scenario	Premium received in your account when you sell the Put Option.	When Price of Underlying < Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received
Maximum Loss Scenario	Unlimited (When the price of the underlying falls.)	Strike Price of Short Put - Strike Price of Higher Strike Long Put - Net Premium Received + Commissions Paid
Risk	Unlimited	Limited
Reward	Limited	Unlimited

SHORT PUT Vs SHORT PUT LADDER - Strategy Pros & Cons

	SHORT PUT	SHORT PUT LADDER
Similar Strategies	Bull Put Spread, Short Starddle	Strap, Strip
Disadvantage	• Unlimited risk. • Huge losses if the price of the underlying stock falls steeply.	• Best to use when you are confident about movement of market. • Small margin required.
Advantages	• Benefit from time decay. • Less capital required than buying the stock outright. • Profit when underlying stock price rise, move sideways or drop by a relatively small account.	• When there is surge in implied volatility, this strategy can give more profit. • Unlimited downside profit. • Limited risk and unlimited reward strategy.