CHRISTMAS TREE SPREAD WITH PUT OPTION	CHRISTMAS TREE SPREAD WITH PUT OPTION
About Strategy	Christmas Tree Spread with Puts Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one put at strike price D, skipping strike price C, writes three calls at strike price B, and buying two calls at strike price A for same expiration dates for neutral to bearish forecast. An investor used this strategy to potential returns Read more..	Christmas Tree Spread with Puts Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one put at strike price D, skipping strike price C, writes three calls at strike price B, and buying two calls at strike price A for same expiration dates for neutral to bearish forecast. An investor used this strategy to potential returns .. Read more..

CHRISTMAS TREE SPREAD WITH PUT OPTION Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Details

	CHRISTMAS TREE SPREAD WITH PUT OPTION	CHRISTMAS TREE SPREAD WITH PUT OPTION
Market View	Bearish	Bearish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	6	6
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Lowest strike prices + the half premium – premium paid	Lowest strike prices + the half premium – premium paid

CHRISTMAS TREE SPREAD WITH PUT OPTION Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - When & How to use ?

	CHRISTMAS TREE SPREAD WITH PUT OPTION	CHRISTMAS TREE SPREAD WITH PUT OPTION
Market View	Bearish	Bearish
When to use?	This Strategy is used when an investor wants potential returns.	This Strategy is used when an investor wants potential returns.
Action	Buying one ATM, Selling 3 Puts, Buying one more OTM Put	Buying one ATM, Selling 3 Puts, Buying one more OTM Put
Breakeven Point	Lowest strike prices + the half premium – premium paid	Lowest strike prices + the half premium – premium paid

CHRISTMAS TREE SPREAD WITH PUT OPTION Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Risk & Reward

	CHRISTMAS TREE SPREAD WITH PUT OPTION	CHRISTMAS TREE SPREAD WITH PUT OPTION
Maximum Profit Scenario	Equal middle strike price – higher strike price – the premium	Equal middle strike price – higher strike price – the premium
Maximum Loss Scenario	Net Debit paid for the strategy.	Net Debit paid for the strategy.
Risk	Limited	Limited
Reward	Limited	Limited

CHRISTMAS TREE SPREAD WITH PUT OPTION Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Strategy Pros & Cons

	CHRISTMAS TREE SPREAD WITH PUT OPTION	CHRISTMAS TREE SPREAD WITH PUT OPTION
Similar Strategies	Butterfly spreads	Butterfly spreads
Disadvantage	• Potential profit is lower or limited.	• Potential profit is lower or limited.
Advantages	• The potential of loss is limited.	• The potential of loss is limited.