LONG CALL CONDOR SPREAD	THE COLLAR
About Strategy	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..	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..

LONG CALL CONDOR SPREAD Vs THE COLLAR - Details

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

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

	LONG CALL CONDOR SPREAD	THE COLLAR
Market View	Neutral	Bullish
When to use?	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.	It should be used only in case where trader is certain about the bearish market view.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Buy Underlying, Buy 1 ATM Put Option, Sell 1 OTM Call Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Price of Features - Call Premium + Put Premium

LONG CALL CONDOR SPREAD Vs THE COLLAR - Risk & Reward

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

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

	LONG CALL CONDOR SPREAD	THE COLLAR
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	Call Spread, Bull Put Spread
Disadvantage	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.	• Limited profit. • A trader can book more profit without this strategy if the prices goes high.
Advantages	• 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.	• 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.