Bear Spread

Is a strategy used when an options trader expects a decline in the price of an underlying asset.

Bear Call Spread

Also known as Short Call Spread or Credit Call Spread.
This is a type of options trading strategy that involves two call options.
Selling the lower-strike call and buying the higher-strike call.

Bear Put Spread

Also known as Long Put Spread or Put Debit Spread.
This is a type of options trading strategy that involves two put options.
Buying the higher-strike put and selling the lower-strike put.