LONG CALL LADDER	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
About Strategy	Long Call Ladder Option Strategy  Long Call Ladder Strategy is an extension to Bull Call Spread Strategy. A trader will be slightly bullish about the market, in this strategy but bearish over volatility. It involves buying of an ITM Call Option and sale of 1 ATM & 1 OTM Call Options. However, the risk associated with this strategy is unlimited and reward is limited. Read more..	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 LADDER Vs CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY - Details

	LONG CALL LADDER	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	3	4
Strategy Level	Advance	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Unlimited	Limited
Breakeven Point	Upper Breakeven Point = Total Strike Prices of Short Calls - Strike Price of Long Call - Net Premium Paid, Lower Breakeven Point = Strike Price of Long Call + Net Premium Paid	Lowest strike prices + premium paid – the half premium.

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

	LONG CALL LADDER	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
Market View	Neutral	Bullish
When to use?	This Strategy is an extension to Bull Call Spread Strategy. A trader will be slightly bullish about the market, in this strategy but bearish over volatility.	This Strategy is used when an investor wants potential returns.
Action	Buy 1 ITM Call, Sell 1 ATM Call, Sell 1 OTM Call	• Buy 1 call , • Sell 3 calls, • Buy 2 calls
Breakeven Point	Upper Breakeven Point = Total Strike Prices of Short Calls - Strike Price of Long Call - Net Premium Paid, Lower Breakeven Point = Strike Price of Long Call + Net Premium Paid	Lowest strike prices + premium paid – the half premium.

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

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

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

	LONG CALL LADDER	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY
Similar Strategies	Short Strangle (Sell Strangle), Short Straddle (Sell Straddle)	CHRISTMAS TREE SPREAD WITH PUT OPTION
Disadvantage	• Unlimited risk. • Margin required.	• Potential profit is lower or limited.
Advantages	• Reduces capital outlay of bull call spread. • Wider maximum profit zone. • When there is decrease in implied volatility, this strategy can give profit.	• The potential of loss is limited.