CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	LONG CALL CONDOR SPREAD
About Strategy	Christmas Tree Spread with Call Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one call at strike price A, skipping strike price B, writes three calls at strike price C, and buying two calls at strike price D for same expiration dates for neutral to bullish forecast. An investor used this strategy to potential retur Read more..	Long Call Condor Spread Option Strategy  This strategy is implemented when a trader is bearish on the volatility and expects the market to move sideways. Using Call Options of the same expiry date, he will buy one Deep ITM Call Option, sell 1 ITM Call Option, sell 1 OTM Call Option, buy 1 Deep OTM Call Option. The risk and reward both are limited due to offsetting of long and short positions. For t .. Read more..

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs LONG CALL CONDOR SPREAD - Details

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	4	4
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Lowest strike prices + premium paid – the half premium.	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs LONG CALL CONDOR SPREAD - When & How to use ?

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
When to use?	This Strategy is used when an investor wants potential returns.	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	• Buy 1 call , • Sell 3 calls, • Buy 2 calls	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option
Breakeven Point	Lowest strike prices + premium paid – the half premium.	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs LONG CALL CONDOR SPREAD - Risk & Reward

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	LONG CALL CONDOR SPREAD
Maximum Profit Scenario	Equal middle strike price – lower strike price – the premium	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario	Net Debit paid for the strategy.	Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Limited

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs LONG CALL CONDOR SPREAD - Strategy Pros & Cons

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	LONG CALL CONDOR SPREAD
Similar Strategies	CHRISTMAS TREE SPREAD WITH PUT OPTION	Long Put Butterfly, Short Call Condor, Short Strangle
Disadvantage	• Potential profit is lower or limited.	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	• The potential of loss is limited.	• Capable to generate profit even if there is low volatility in the market. • This strategy is associated with limited risk and limited profit. • Wider profit zone.