BULL CALENDER SPREAD	LONG STRADDLE
About Strategy	Bull Calendar Spread Option Strategy This strategy is implemented when a trader is bullish on the underlying stock/index in the short term say 2 months or so. A trader will write one Near Month OTM Call Option and buy one next Month OTM Call Option, thereby reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when a trader wants to make prof Read more..	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 CALENDER SPREAD Vs LONG STRADDLE - Details

	BULL CALENDER SPREAD	LONG STRADDLE
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option) + PE (Put Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Beginners
Reward Profile	Unlimited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Stock Price when long call value is equal to net debit.	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium

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

	BULL CALENDER SPREAD	LONG STRADDLE
Market View	Bullish	Neutral
When to use?	This strategy is used when a trader wants to make profit from a steady increase in the stock price over a short period of time.	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.
Action	Sell 1 Near-Term OTM Call, Buy 1 Long-Term OTM Call	Buy Call Option, Buy Put Option
Breakeven Point	Stock Price when long call value is equal to net debit.	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium

BULL CALENDER SPREAD Vs LONG STRADDLE - Risk & Reward

	BULL CALENDER SPREAD	LONG STRADDLE
Maximum Profit Scenario	You have unlimited profit potential to the upside.	Max profit is achieved when at one option is exercised.
Maximum Loss Scenario	Max Loss = Premium Paid + Commissions Paid	Maximum Loss = Net Premium Paid
Risk	Limited	Limited
Reward	Unlimited	Unlimited

BULL CALENDER SPREAD Vs LONG STRADDLE - Strategy Pros & Cons

	BULL CALENDER SPREAD	LONG STRADDLE
Similar Strategies	The Collar, Bull Put Spread	Bear Put Spread
Disadvantage	• Limited profit even if underlying asset rallies. • If the short call options are assigned when the underlying asset rallies then losses can be sustained.	• 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.
Advantages	• Limited losses to the net debit. • Enable trader to book profit even if underlying asset stays stagnant. • If the market trends reverse, cashing in from stock price movement at limited risk.	• Unlimited potential beyond the breakeven point in either direction . • Book your profit from highly volatile stocks without determining the direction. • Limited risk, more profit.