BULL CALL SPREAD	MARRIED 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..	Married Put Option Strategy This strategy is applied when trader goes long on the underlying asset i.e. he buys the stock in cash market. He has a bullish view and expects the market to rise in the near future, but simultaneously has the fear of downward movement of the markets. In order to cover his position from vulnerabilities he buys one ATM Put Option of the same underlying asset. Here, a trader wi .. Read more..

BULL CALL SPREAD Vs MARRIED PUT - Details

	BULL CALL SPREAD	MARRIED 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	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Strike price of purchased call + net premium paid	Purchase Price of Underlying + Premium Paid

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

	BULL CALL SPREAD	MARRIED 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 work when the investor goes long in any stock. He expects the rise in market in future.
Action	Buy ITM Call Option, Sell OTM Call Option	Buy 250 XYZ Shares, Buy 1 ATM Put Option
Breakeven Point	Strike price of purchased call + net premium paid	Purchase Price of Underlying + Premium Paid

BULL CALL SPREAD Vs MARRIED PUT - Risk & Reward

	BULL CALL SPREAD	MARRIED PUT
Maximum Profit Scenario	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid	Profit = Price of Underlying - Purchase Price of Underlying - Premium Paid
Maximum Loss Scenario	Net Premium Paid	Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

BULL CALL SPREAD Vs MARRIED PUT - Strategy Pros & Cons

	BULL CALL SPREAD	MARRIED PUT
Similar Strategies	Collar	Long Call
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.	Cost of the put options eats into profit margin.
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.	Unlimited Profit and Limited Risk