SHORT PUT LADDER	DIAGONAL BULL CALL SPREAD
About Strategy	Short Put Ladder Option Strategy  This strategy is implemented when a trader is slightly bearish on the market. A trader is required to be bullish over the volatility in the market. It involves sale of an ITM Put Option and buying of 1 ATM & 1 OTM Put Options. However, the risk associated with this strategy is limited. Read more..	Diagonal Bull Call Spread Option Strategy This strategy is implemented by a trader when he is neutral – moderately bullish in the near-month contract and bullish in the mid-month contract. It involves sale of 1 Near-Month OTM Call Option and buying of 1 Mid Month ITM Call Option. Risk: Read more..

SHORT PUT LADDER Vs DIAGONAL BULL CALL SPREAD - Details

	SHORT PUT LADDER	DIAGONAL BULL CALL SPREAD
Market View	Neutral	Bullish
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	3	2
Strategy Level	Advance	Beginners
Reward Profile	Unlimited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received

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

	SHORT PUT LADDER	DIAGONAL BULL CALL SPREAD
Market View	Neutral	Bullish
When to use?	This strategy is implemented when a trader is slightly bearish on the market.
Action	Sell ITM Put Option, Buying 1 ATM & 1 OTM Put Option.	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call
Breakeven Point	Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received

SHORT PUT LADDER Vs DIAGONAL BULL CALL SPREAD - Risk & Reward

	SHORT PUT LADDER	DIAGONAL BULL CALL SPREAD
Maximum Profit Scenario	When Price of Underlying < Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received
Maximum Loss Scenario	Strike Price of Short Put - Strike Price of Higher Strike Long Put - Net Premium Received + Commissions Paid
Risk	Limited	Limited
Reward	Unlimited	Limited

SHORT PUT LADDER Vs DIAGONAL BULL CALL SPREAD - Strategy Pros & Cons

	SHORT PUT LADDER	DIAGONAL BULL CALL SPREAD
Similar Strategies	Strap, Strip	Bull Put Spread
Disadvantage	• Best to use when you are confident about movement of market. • Small margin required.
Advantages	• When there is surge in implied volatility, this strategy can give more profit. • Unlimited downside profit. • Limited risk and unlimited reward strategy.