SHORT CALL	LONG CALL CONDOR SPREAD
About Strategy	Short Call Option Strategy A trader shorts or writes a Call Option when he feels that underlying stock price is likely to go down. Selling Call Option is a strategy preferred for experienced traders. However this strategy is very risky in nature. If the stock rallies on the upside, your risk becomes potentially unquantifiable and unlimited. If the strategy Read more..	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..

SHORT CALL Vs LONG CALL CONDOR SPREAD - Details

	SHORT CALL	LONG CALL CONDOR SPREAD
Market View	Bearish	Neutral
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	1	4
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Unlimited	Limited
Breakeven Point	Strike Price of Short Call + Premium Received	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

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

	SHORT CALL	LONG CALL CONDOR SPREAD
Market View	Bearish	Neutral
When to use?	It is an aggressive strategy and involves huge risks. It should be used only in case where trader is certain about the bearish market view on the underlying.	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	Sell or Write Call Option	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option
Breakeven Point	Strike Price of Short Call + Premium Received	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

SHORT CALL Vs LONG CALL CONDOR SPREAD - Risk & Reward

	SHORT CALL	LONG CALL CONDOR SPREAD
Maximum Profit Scenario	Max Profit = Premium Received	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario	Loss Occurs When Price of Underlying > Strike Price of Short Call + Premium Received	Net Premium Paid
Risk	Unlimited	Limited
Reward	Limited	Limited

SHORT CALL Vs LONG CALL CONDOR SPREAD - Strategy Pros & Cons

	SHORT CALL	LONG CALL CONDOR SPREAD
Similar Strategies	Covered Put, Covered Calls	Long Put Butterfly, Short Call Condor, Short Strangle
Disadvantage	• Unlimited risk to the upside underlying stocks. • Potential loss more than the premium collected.	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	• With the help of this strategy, traders can book profit from falling prices in the underlying asset. • Less investment, more profit. • Traders can book profit when underlying stock price fall, move sideways or rise by a small amount.	• 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.