BULL CALL SPREAD	SHORT PUT
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..	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..

BULL CALL SPREAD Vs SHORT PUT - Details

	BULL CALL SPREAD	SHORT PUT
Market View	Bullish	Bullish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	2	1
Strategy Level	Beginners	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Unlimited
Breakeven Point	Strike price of purchased call + net premium paid	Strike Price - Premium

BULL CALL SPREAD Vs SHORT PUT - When & How to use ?

	BULL CALL SPREAD	SHORT PUT
Market View	Bullish	Bullish
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 works well when you're Bullish that the price of the underlying will not fall beyond a certain level.
Action	Buy ITM Call Option, Sell OTM Call Option	Sell Put Option
Breakeven Point	Strike price of purchased call + net premium paid	Strike Price - Premium

BULL CALL SPREAD Vs SHORT PUT - Risk & Reward

	BULL CALL SPREAD	SHORT PUT
Maximum Profit Scenario	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid	Premium received in your account when you sell the Put Option.
Maximum Loss Scenario	Net Premium Paid	Unlimited (When the price of the underlying falls.)
Risk	Limited	Unlimited
Reward	Limited	Limited

BULL CALL SPREAD Vs SHORT PUT - Strategy Pros & Cons

	BULL CALL SPREAD	SHORT PUT
Similar Strategies	Collar	Bull Put Spread, Short Starddle
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.	• Unlimited risk. • Huge losses if the price of the underlying stock falls steeply.
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.	• 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.