NEUTRAL CALENDAR SPREAD	LONG COMBO
About Strategy	Neutral Calendar Spread Option strategy  This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option, hence reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when the trader wants to make money from the Read more..	Long Combo Option Strategy  Long Combo Option Trading Strategy is implemented when a trader is bullish in nature and expects the stock price to rise in the near future. Here a trader will sell one ‘Out of the Money’ Put Option and buy one ‘Out of the Money’ Call Option. This trade will require less capital to implement since the amount required to buy the call will be covered by the amount received .. Read more..

NEUTRAL CALENDAR SPREAD Vs LONG COMBO - Details

	NEUTRAL CALENDAR SPREAD	LONG COMBO
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Advance
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Unlimited
Breakeven Point	-	Call Strike + Net Premium

NEUTRAL CALENDAR SPREAD Vs LONG COMBO - When & How to use ?

	NEUTRAL CALENDAR SPREAD	LONG COMBO
Market View	Neutral	Bullish
When to use?	This strategy is implemented if the trader is neutral in the near future for say 2 months or so. This strategy involves writing of Near Month 1 ATM Call Option and buying 1 Mid Month ATM Call Option.	This strategy is used when an investor Bullish on an underlying but don't have the required capital or the risk appetite to invest directly into it.
Action	Sell 1 Near-Term ATM Call, Buy 1 Long-Term ATM Call	Sell OTM Put Option, Buy OTM Call Option
Breakeven Point	-	Call Strike + Net Premium

NEUTRAL CALENDAR SPREAD Vs LONG COMBO - Risk & Reward

	NEUTRAL CALENDAR SPREAD	LONG COMBO
Maximum Profit Scenario	Maximum Profit Limited When underlying stock price remains unchanged on expiration of the near month options.	Underlying asset goes up and Call option exercised
Maximum Loss Scenario	It occurs when the stock price goes down and stays down until expiration of the longer term options.	Underlying asset goes down and Put option exercised
Risk	Limited	Unlimited
Reward	Limited	Unlimited

NEUTRAL CALENDAR SPREAD Vs LONG COMBO - Strategy Pros & Cons

	NEUTRAL CALENDAR SPREAD	LONG COMBO
Similar Strategies	Long Put Butterfly, Iron Butterfly	-
Disadvantage	• Lower profitability • Must have enough experience.	• Losses can keep on increasing as the price of stock goes down. • High risk strategy.
Advantages	• Almost zero margin required. • Ability to profit from time decay, limited risk. • This strategy allows you to transform position into long position.	• Capital investment is low and returns are high. • Unlimited reward, returns keep on increasing with the increase on stock price. • Leverage facility provided by this strategy is very beneficial.