BULL CALENDER SPREAD	BULL PUT SPREAD
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..	Bull Put Spread Option Strategy Bull Put Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to move in an upward trend in the near future. This strategy includes buying of an ‘Out of the Money’ Put Option and selling of ‘In the Money’ Put Option of the same underlying asset and the same expiration date. When you write a Put, you will receive prem .. Read more..

BULL CALENDER SPREAD Vs BULL PUT SPREAD - Details

	BULL CALENDER SPREAD	BULL PUT SPREAD
Market View	Bullish	Bullish
Type (CE/PE)	CE (Call Option) + PE (Put Option)	PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Stock Price when long call value is equal to net debit.	Strike price of short put - net premium paid

BULL CALENDER SPREAD Vs BULL PUT SPREAD - When & How to use ?

	BULL CALENDER SPREAD	BULL PUT SPREAD
Market View	Bullish	Bullish
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.	Bull Put Spread strategy is used when you're of the view that the price of a particular underlying will rise, move sideways, or marginally fall.
Action	Sell 1 Near-Term OTM Call, Buy 1 Long-Term OTM Call	Buy OTM Put Option, Sell ITM Put Option
Breakeven Point	Stock Price when long call value is equal to net debit.	Strike price of short put - net premium paid

BULL CALENDER SPREAD Vs BULL PUT SPREAD - Risk & Reward

	BULL CALENDER SPREAD	BULL PUT SPREAD
Maximum Profit Scenario	You have unlimited profit potential to the upside.	Max Profit = Net Premium Received
Maximum Loss Scenario	Max Loss = Premium Paid + Commissions Paid	Max Loss = (Strike Price Put 1 - Strike Price of Put 2) - Net Premium Received
Risk	Limited	Limited
Reward	Unlimited	Limited

BULL CALENDER SPREAD Vs BULL PUT SPREAD - Strategy Pros & Cons

	BULL CALENDER SPREAD	BULL PUT SPREAD
Similar Strategies	The Collar, Bull Put Spread	Bull Call Spread, Bear Put Spread, Collar
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.	• Limited profit potential. • In loss situations, time decay may go against you.
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.	• Benefit from the time decay in profit positions but harmful in loss positions. • Profitable when underlying stock price rises, move sideways or marginal drop. • Reduce the downside risk.