CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	DIAGONAL BEAR PUT SPREAD
About Strategy	Christmas Tree Spread with Call Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one call at strike price A, skipping strike price B, writes three calls at strike price C, and buying two calls at strike price D for same expiration dates for neutral to bullish forecast. An investor used this strategy to potential retur Read more..	Diagonal Bear Put Spread When the trader is neutral – bearish in the near-month and bearish in the mid-month, he will apply Diagonal Bear Put Spread. This strategy involves buying Mid-Month ITM Put Options and selling (short/write) equal number of Near-Month OTM Put Options, of the same underlying asset. This strategy bags limited rewards with limited risk.  Read more..

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs DIAGONAL BEAR PUT SPREAD - Details

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	DIAGONAL BEAR PUT SPREAD
Market View	Bullish	Bearish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	4	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Lowest strike prices + premium paid – the half premium.	This is a dynamic trade with many possible scenarios and future trades, it is impossible to calculate a breakeven.

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs DIAGONAL BEAR PUT SPREAD - When & How to use ?

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	DIAGONAL BEAR PUT SPREAD
Market View	Bullish	Bearish
When to use?	This Strategy is used when an investor wants potential returns.	When the trader is neutral – bearish in the near-month and bearish in the mid-month, he will apply Diagonal Bear Put Spread. This strategy involves buying Mid-Month ITM Put Options and selling (short/write) equal number of Near-Month OTM Put Options, of the same underlying asset
Action	• Buy 1 call , • Sell 3 calls, • Buy 2 calls	Sell 1 Near-Month OTM Put Option, Buy 1 Mid-Month ITM Put Option
Breakeven Point	Lowest strike prices + premium paid – the half premium.	This is a dynamic trade with many possible scenarios and future trades, it is impossible to calculate a breakeven.

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs DIAGONAL BEAR PUT SPREAD - Risk & Reward

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	DIAGONAL BEAR PUT SPREAD
Maximum Profit Scenario	Equal middle strike price – lower strike price – the premium	'Premiums received - Initial premium to execute + Strike price - Stock Price on final month
Maximum Loss Scenario	Net Debit paid for the strategy.	When the stock trades up above the long-term put strike price.
Risk	Limited	Limited
Reward	Limited	Limited

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs DIAGONAL BEAR PUT SPREAD - Strategy Pros & Cons

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	DIAGONAL BEAR PUT SPREAD
Similar Strategies	CHRISTMAS TREE SPREAD WITH PUT OPTION	Bear Put Spread and Bear Call Spread
Disadvantage	• Potential profit is lower or limited.	Higher commissions due to additional trades. , Changes maximum profit potential of call or put spreads.
Advantages	• The potential of loss is limited.	The Risk is limited.