BULL CALL SPREAD	BEAR CALL SPREAD
About Strategy	Bull Call Spread Option Strategy Bull Call Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to give decent returns in the near future. This strategy includes buying of an ‘In The Money’ Call Option and selling of ‘Deep Out Of the Money’ Call Option of the same underlying asset and the same expiration date. Read more..	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..

BULL CALL SPREAD Vs BEAR CALL SPREAD - Details

	BULL CALL SPREAD	BEAR CALL SPREAD
Market View	Bullish	Bearish
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 purchased call + net premium paid	Strike Price of Short Call + Net Premium Received

BULL CALL SPREAD Vs BEAR CALL SPREAD - When & How to use ?

	BULL CALL SPREAD	BEAR CALL SPREAD
Market View	Bullish	Bearish
When to use?	This strategy is used when an investor is Bullish in the market but expect the underlying to gain mildly in near future.	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.
Action	Buy ITM Call Option, Sell OTM Call Option	Buy OTM Call Option, Sell ITM Call Option
Breakeven Point	Strike price of purchased call + net premium paid	Strike Price of Short Call + Net Premium Received

BULL CALL SPREAD Vs BEAR CALL SPREAD - Risk & Reward

	BULL CALL SPREAD	BEAR CALL SPREAD
Maximum Profit Scenario	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid	Max Profit = Net Premium Received - Commissions Paid
Maximum Loss Scenario	Net Premium Paid	Maximum Loss = Long Call Strike Price - Short Call Strike Price - Net Premium Received
Risk	Limited	Limited
Reward	Limited	Limited

BULL CALL SPREAD Vs BEAR CALL SPREAD - Strategy Pros & Cons

	BULL CALL SPREAD	BEAR CALL SPREAD
Similar Strategies	Collar	Bear Put Spread, Bull Call Spread
Disadvantage	• Limited profit potential to the higher strike call sold if the underlying stock price rises. • Maximum profit only if stock rises to the higher of 2 strike prices selected.	• Limited amount of profit. • Margin requirement, more commission charges.
Advantages	• Allows you to reduce risk and cost of your investment. • When placing the spread, exit strategy is pre-determined in advance. • Risk is limited to the net premium paid.	• 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.