THE COLLAR	SHORT CALL CONDOR SPREAD
About Strategy	The Collar Option Strategy Collar Strategy is an extension to Covered Call Strategy. A trader, who is bullish in nature but has a very low risk appetite and wants to mitigate his risk will implement the Collar Strategy. Collar involves buying of stock in either Cash/Futures Market, buying an ATM Put Option & selling an OTM Call Option. The expiry dates of the op Read more..	Short Call Condor Spread Option Strategy Short Call Condor Spread is the opposite of Long Call Condor Spread i.e. sell 1 Deep ITM Call Option, buy 1 ITM Call Option, buy 1 OTM Call Option, sell 1 Deep OTM Call Option. Similar to Long Call Condor, the risk and rewards associated with this strategy are limited. Credit is received at the time of entering into this strategy. Read more..

THE COLLAR Vs SHORT CALL CONDOR SPREAD - Details

	THE COLLAR	SHORT CALL CONDOR SPREAD
Market View	Bullish	Volatile
Type (CE/PE)	CE (Call Option) + PE (Put Option) + Underlying	CE (Call Option)
Number Of Positions	3	4
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Price of Features - Call Premium + Put Premium	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium

THE COLLAR Vs SHORT CALL CONDOR SPREAD - When & How to use ?

	THE COLLAR	SHORT CALL CONDOR SPREAD
Market View	Bullish	Volatile
When to use?	It should be used only in case where trader is certain about the bearish market view.	This strategy is used when an investor expect the price of the underlying stock to be very volatile.
Action	Buy Underlying, Buy 1 ATM Put Option, Sell 1 OTM Call Option	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option
Breakeven Point	Price of Features - Call Premium + Put Premium	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium

THE COLLAR Vs SHORT CALL CONDOR SPREAD - Risk & Reward

	THE COLLAR	SHORT CALL CONDOR SPREAD
Maximum Profit Scenario	Strike Price of Short Call - Purchase Price of Underlying + Net Premium Received	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario	Purchase Price of Underlying - Strike Price of Long Put - Net Premium Received	Strike Price of Lower Strike Long Call - Strike Price of Lower Strike Short Call - Net Premium Received + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Limited

THE COLLAR Vs SHORT CALL CONDOR SPREAD - Strategy Pros & Cons

	THE COLLAR	SHORT CALL CONDOR SPREAD
Similar Strategies	Call Spread, Bull Put Spread	Short Strangle
Disadvantage	• Limited profit. • A trader can book more profit without this strategy if the prices goes high.	• Amount of profit is low in comparison with other strategies. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	• This strategy protects the losses on underlying asset. • Risk gets limited if the price of the stocks goes down. • Trader can get ownership benefits life dividend and voting rights.	• This strategy allows you to profit from highly volatile underlying assets moving in any direction. • Earn profit with little or no investment. • Wider profit zone.