LONG CALL LADDER	SYNTHETIC LONG CALL
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..	Synthetic Long Call Option Strategy A trader is bullish in nature for short term, but also fearful about the downside risk associated with it. Here, a trader wants to hold an underlying asset either in physical form like in case of commodities or demat (electronic) form in case of stocks. But he is always exposed to downside risk and in order to mitigate his losses, .. Read more..

LONG CALL LADDER Vs SYNTHETIC LONG CALL - Details

	LONG CALL LADDER	SYNTHETIC LONG CALL
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	3	2
Strategy Level	Advance	Beginners
Reward Profile	Unlimited	When Price of Underlying > Purchase Price of Underlying + Premium Paid
Risk Profile	Unlimited	Limited (Maximum loss happens when the price of instrument move above from the strike price of put)
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	Underlying Price + Put Premium

LONG CALL LADDER Vs SYNTHETIC LONG CALL - When & How to use ?

	LONG CALL LADDER	SYNTHETIC LONG CALL
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.	A trader is bullish in nature for short term, but also fearful about the downside risk associated with it.
Action	Buy 1 ITM Call, Sell 1 ATM Call, Sell 1 OTM Call	Buy 1 ATM Put or OTM Put
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	Underlying Price + Put Premium

LONG CALL LADDER Vs SYNTHETIC LONG CALL - Risk & Reward

	LONG CALL LADDER	SYNTHETIC LONG CALL
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Long Call - Net Premium Paid - Commissions Paid	Current Price - Purchase Price - Premium Paid
Maximum Loss Scenario	Price of Underlying - Upper Breakeven Price + Commissions Paid	Premium Paid
Risk	Unlimited	Limited
Reward	Unlimited	Unlimited

LONG CALL LADDER Vs SYNTHETIC LONG CALL - Strategy Pros & Cons

	LONG CALL LADDER	SYNTHETIC LONG CALL
Similar Strategies	Short Strangle (Sell Strangle), Short Straddle (Sell Straddle)	Protective Put, Long Call
Disadvantage	• Unlimited risk. • Margin required.	•Chances of loss if the underlying goes down. •Incur losses if option is exercised.
Advantages	• Reduces capital outlay of bull call spread. • Wider maximum profit zone. • When there is decrease in implied volatility, this strategy can give profit.	•Limited risk, unlimited profit. •Protection to your long-term holdings. • Limited loss to the to the premium paid for Put option.