RISK REVERSAL	LONG CALL CONDOR SPREAD
About Strategy	Risk Reversal Option Strategy This strategy protects an investor from unfavourable price movements in the position but limits the profits can be made on that position. A risk reversal is a hedging strategy that protects a long or short position by using put and call options. In this one option is buying and other is written. In this strategy the trader has to pay a premium, while the written option prod 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..

RISK REVERSAL Vs LONG CALL CONDOR SPREAD - Details

	RISK REVERSAL	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option) + PE (Put Option)	CE (Call Option)
Number Of Positions	2	4
Strategy Level	Advance	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Unlimited	Limited
Breakeven Point	Premium received - Put Strike Price	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

RISK REVERSAL Vs LONG CALL CONDOR SPREAD - When & How to use ?

	RISK REVERSAL	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
When to use?	This strategy can be used for hedging. When an investor want to protect long or short position by using a call and put option.	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	This strategy work when an investor want to hedge their position by buying a put option and selling a call option.	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option
Breakeven Point	Premium received - Put Strike Price	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

RISK REVERSAL Vs LONG CALL CONDOR SPREAD - Risk & Reward

	RISK REVERSAL	LONG CALL CONDOR SPREAD
Maximum Profit Scenario	You have unlimited profit potential to the upside.	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario	You have nearly unlimited downside risk as well because you are short the put	Net Premium Paid
Risk	Unlimited	Limited
Reward	Unlimited	Limited

RISK REVERSAL Vs LONG CALL CONDOR SPREAD - Strategy Pros & Cons

	RISK REVERSAL	LONG CALL CONDOR SPREAD
Similar Strategies	-	Long Put Butterfly, Short Call Condor, Short Strangle
Disadvantage	Unlimited Risk.	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	Unlimited profit.	• 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.