What is the difference between selling a call option and buying a put option?

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A Call Option gives you the right but not the obligation to buy the underlying at a specified price and within a specified period. A Put Option, on the other hand, gives you the right to sell the underlying at a specified price and within a specified period.

You sell a Call Option or buy a Put Option when you are bearish on the market and want to profit from the downward movement in prices of the underlying.

Difference between selling a Call Option and buying a Put Option

You get premium for selling a Call Option.

You pay a premium to buy a Put Option.

Your profit is limited to the premium received.

Your profit is unlimited.

You can incur unlimited losses if there is a significant increase in the price of the underlying.

Your losses are limited to the premium paid plus brokerage paid.

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What is the difference between selling a call option and buying a put option?