BEAR CALL SPREAD	NEUTRAL CALENDAR SPREAD
About Strategy	Bear Call Spread Option Strategy  Bear Call Spread option trading strategy is used by a trader who is bearish in nature and expects the underlying asset to dip in the near future. This strategy includes buying of an ‘Out of the Money’ Call Option and selling one ‘In the Money’ Call Option of the same underlying asset and the same expiration date. When you write a call, you receive premium thereby r Read more..	Neutral Calendar Spread Option strategy  This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option, hence reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when the trader wants to make money from the .. Read more..

BEAR CALL SPREAD Vs NEUTRAL CALENDAR SPREAD - Details

	BEAR CALL SPREAD	NEUTRAL CALENDAR SPREAD
Market View	Bearish	Neutral
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	2	2
Strategy Level	Beginners	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Strike Price of Short Call + Net Premium Received	-

BEAR CALL SPREAD Vs NEUTRAL CALENDAR SPREAD - When & How to use ?

	BEAR CALL SPREAD	NEUTRAL CALENDAR SPREAD
Market View	Bearish	Neutral
When to use?	This 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.	This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option.
Action	Buy OTM Call Option, Sell ITM Call Option	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call
Breakeven Point	Strike Price of Short Call + Net Premium Received	-

BEAR CALL SPREAD Vs NEUTRAL CALENDAR SPREAD - Risk & Reward

	BEAR CALL SPREAD	NEUTRAL CALENDAR SPREAD
Maximum Profit Scenario	Max Profit = Net Premium Received - Commissions Paid	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.
Maximum Loss Scenario	Maximum Loss = Long Call Strike Price - Short Call Strike Price - Net Premium Received	It occurs when the stock price goes down and stays down until expiration of the longer term options.
Risk	Limited	Limited
Reward	Limited	Limited

BEAR CALL SPREAD Vs NEUTRAL CALENDAR SPREAD - Strategy Pros & Cons

	BEAR CALL SPREAD	NEUTRAL CALENDAR SPREAD
Similar Strategies	Bear Put Spread, Bull Call Spread	Long Put Butterfly, Iron Butterfly
Disadvantage	• Limited amount of profit. • Margin requirement, more commission charges.	• Lower profitability • Must have enough experience.
Advantages	• This strategy takes advantage of time decay. • Investors can get profit in a flat market scenario. • Investors can earn options premium income with a lower degree of risk.	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.