LONG STRADDLE	BULL PUT SPREAD
About Strategy	Long Straddle Option Strategy  Straddle is neither bullish nor bearish strategy; it is a market neutral strategy. Here a trader wishes to take advantage of the volatility in the market. This strategy involves buying of one Call option and one Put option of the same strike price, same expiry date and of the same underlying asset. Now a trader is bound to make profits once stock moves in either direc Read more..	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..

LONG STRADDLE Vs BULL PUT SPREAD - Details

	LONG STRADDLE	BULL PUT SPREAD
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option) + PE (Put Option)	PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium	Strike price of short put - net premium paid

LONG STRADDLE Vs BULL PUT SPREAD - When & How to use ?

	LONG STRADDLE	BULL PUT SPREAD
Market View	Neutral	Bullish
When to use?	This options strategy is work well when and investor market view is bearish. The strategy minimizes your risk in the event of prime movements going against your expectations.	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 Call Option, Buy Put Option	Buy OTM Put Option, Sell ITM Put Option
Breakeven Point	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium	Strike price of short put - net premium paid

LONG STRADDLE Vs BULL PUT SPREAD - Risk & Reward

	LONG STRADDLE	BULL PUT SPREAD
Maximum Profit Scenario	Max profit is achieved when at one option is exercised.	Max Profit = Net Premium Received
Maximum Loss Scenario	Maximum Loss = Net Premium Paid	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received
Risk	Limited	Limited
Reward	Unlimited	Limited

LONG STRADDLE Vs BULL PUT SPREAD - Strategy Pros & Cons

	LONG STRADDLE	BULL PUT SPREAD
Similar Strategies	Bear Put Spread	Bull Call Spread, Bear Put Spread, Collar
Disadvantage	• There should be continuous movement of the stock and options price for this strategy to be profitable. • Time decay hurts long option if the strike price, expiration date or underlying stock are badly chosen.	• Limited profit potential. • In loss situations, time decay may go against you.
Advantages	• Unlimited potential beyond the breakeven point in either direction . • Book your profit from highly volatile stocks without determining the direction. • Limited risk, more profit.	• 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.