LONG CALL CONDOR SPREAD	BEAR PUT SPREAD
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..	Bear Put Spread Option Strategy  When a trader is moderately bearish on the market he can implement this strategy. Bear-Put-Spread involves buying of ITM Put Option and selling of an OTM Put Option. If prices fall, the ITM Put option starts making profits and the OTM Put option also adds to profit at a certain extent if the expiry price stays above the OTM strike. However, if it falls below the OTM .. Read more..

LONG CALL CONDOR SPREAD Vs BEAR PUT SPREAD - Details

	LONG CALL CONDOR SPREAD	BEAR PUT SPREAD
Market View	Neutral	Bearish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	4	2
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	Strike Price of Long Put - Net Premium

LONG CALL CONDOR SPREAD Vs BEAR PUT SPREAD - When & How to use ?

	LONG CALL CONDOR SPREAD	BEAR PUT SPREAD
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.	The bear call spread options strategy is used when you are bearish in market view. The strategy minimizes your risk in the event of prime movements going against your expectations.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Buy ITM Put Option, Sell OTM Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Strike Price of Long Put - Net Premium

LONG CALL CONDOR SPREAD Vs BEAR PUT SPREAD - Risk & Reward

	LONG CALL CONDOR SPREAD	BEAR PUT SPREAD
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net Premium Paid.
Maximum Loss Scenario	Net Premium Paid	Max Loss = Net Premium Paid.
Risk	Limited	Limited
Reward	Limited	Limited

LONG CALL CONDOR SPREAD Vs BEAR PUT SPREAD - Strategy Pros & Cons

	LONG CALL CONDOR SPREAD	BEAR PUT SPREAD
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	Bear Call Spread, Bull Call 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. • Early assignment risk.
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.	• If the strike price, expiration date or underlying stocks are rightly chosen then risk of losses would be limited to the net premium paid. • This strategy works well in declining markets. • Limited risk.