CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	IRON CONDORS
About Strategy	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..	Iron Condors Option Strategy Iron Condor is a neutral trading strategy. A trader tries to make profit from low volatility in the price of the underlying asset. This strategy will be better understood if you recall ‘Bull Put Spread’ & ‘Bear Call Spread’. A trader will buy one Deep OTM Put Option and sell one OTM Put Option,. He will also sell one OTM Call Option and buy one Deep OTM Call Option. .. Read more..

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs IRON CONDORS - Details

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

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs IRON CONDORS - When & How to use ?

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	IRON CONDORS
Market View	Bullish	Neutral
When to use?	This Strategy is used when an investor wants potential returns.	When a trader tries to make profit from low volatility in the price of the underlying asset.
Action	• Buy 1 call , • Sell 3 calls, • Buy 2 calls	Sell 1 OTM Put, Buy 1 OTM Put (Lower Strike), Sell 1 OTM Call, Buy 1 OTM Call (Higher Strike)
Breakeven Point	Lowest strike prices + premium paid – the half premium.	Upper Breakeven Point = Strike Price of Short Call + Net Premium Received, Lower Breakeven Point = Strike Price of Short Put - Net Premium Received

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs IRON CONDORS - Risk & Reward

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	IRON CONDORS
Maximum Profit Scenario	Equal middle strike price – lower strike price – the premium	Net Premium Received - Commissions Paid
Maximum Loss Scenario	Net Debit paid for the strategy.	Strike Price of Long Call - Strike Price of Short Call - Net Premium Received + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Limited

CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY Vs IRON CONDORS - Strategy Pros & Cons

	CHRISTMAS TREE SPREAD WITH CALL OPTION STRATEGY	IRON CONDORS
Similar Strategies	CHRISTMAS TREE SPREAD WITH PUT OPTION	Long Put Butterfly, Neutral Calendar Spread
Disadvantage	• Potential profit is lower or limited.	• Full of risk. • Unlimited maximum loss.
Advantages	• The potential of loss is limited.	• Chance to gather double premium. • Sure, maximum gains on one-half the trade. • Flexible and double leverage at half price.