LONG CALL CONDOR SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
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..	Christmas Tree Spread with Puts Option Strategy This Strategy is an advance option strategy that consists of three legs and six total options. In this strategy buying one put at strike price D, skipping strike price C, writes three calls at strike price B, and buying two calls at strike price A for same expiration dates for neutral to bearish forecast. An investor used this strategy to potential returns .. Read more..

LONG CALL CONDOR SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Details

	LONG CALL CONDOR SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Market View	Neutral	Bearish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	4	6
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	Lowest strike prices + the half premium – premium paid

LONG CALL CONDOR SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - When & How to use ?

	LONG CALL CONDOR SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Market View	Neutral	Bearish
When to use?	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.	This Strategy is used when an investor wants potential returns.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Buying one ATM, Selling 3 Puts, Buying one more OTM Put
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Lowest strike prices + the half premium – premium paid

LONG CALL CONDOR SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Risk & Reward

	LONG CALL CONDOR SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	Equal middle strike price – higher strike price – the premium
Maximum Loss Scenario	Net Premium Paid	Net Debit paid for the strategy.
Risk	Limited	Limited
Reward	Limited	Limited

LONG CALL CONDOR SPREAD Vs CHRISTMAS TREE SPREAD WITH PUT OPTION - Strategy Pros & Cons

	LONG CALL CONDOR SPREAD	CHRISTMAS TREE SPREAD WITH PUT OPTION
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	Butterfly spreads
Disadvantage	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.	• Potential profit is lower or limited.
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.	• The potential of loss is limited.