SHORT CALL LADDER	BULL CALL SPREAD
About Strategy	Short Call Ladder Option Strategy  This strategy is implemented when a trader is moderately bullish on the market, and volatility. It involves sale of an ITM Call Option, buying of an ATM Call Option & OTM Call Option. The risk associated with the strategy is limited. Risk: Read more..	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..

SHORT CALL LADDER Vs BULL CALL SPREAD - Details

	SHORT CALL LADDER	BULL CALL SPREAD
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call 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 = Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received Lower Breakeven Point = Strike Price of Short Call - Net Premium Received	Strike price of purchased call + net premium paid

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

	SHORT CALL LADDER	BULL CALL SPREAD
Market View	Neutral	Bullish
When to use?	This strategy is implemented when a trader is moderately bullish on the market, and volatility	This strategy is used when an investor is Bullish in the market but expect the underlying to gain mildly in near future.
Action	Sell 1 ITM Call, Buy 1 ATM Call, Buy 1 OTM Call	Buy ITM Call Option, Sell OTM Call Option
Breakeven Point	Upper Breakeven Point = Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received Lower Breakeven Point = Strike Price of Short Call - Net Premium Received	Strike price of purchased call + net premium paid

SHORT CALL LADDER Vs BULL CALL SPREAD - Risk & Reward

	SHORT CALL LADDER	BULL CALL SPREAD
Maximum Profit Scenario	Profit Achieved When Price of Underlying > Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid
Maximum Loss Scenario	Strike Price of Lower Strike Long Call - Strike Price of Short Call - Net Premium Received + Commissions Paid	Net Premium Paid
Risk	Limited	Limited
Reward	Unlimited	Limited

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

	SHORT CALL LADDER	BULL CALL SPREAD
Similar Strategies	Short Put Ladder, Strip, Strap	Collar
Disadvantage	• Unlimited risk. • Margin required.	• 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.
Advantages	• Higher probability of profit. • Unlimited upside profit. • Limited maximum loss.	• 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.