RISK REVERSAL	SHORT CALL CONDOR SPREAD
About Strategy	Risk Reversal Option Strategy This strategy protects an investor from unfavourable price movements in the position but limits the profits can be made on that position. A risk reversal is a hedging strategy that protects a long or short position by using put and call options. In this one option is buying and other is written. In this strategy the trader has to pay a premium, while the written option prod Read more..	Short Call Condor Spread Option Strategy Short Call Condor Spread is the opposite of Long Call Condor Spread i.e. sell 1 Deep ITM Call Option, buy 1 ITM Call Option, buy 1 OTM Call Option, sell 1 Deep OTM Call Option. Similar to Long Call Condor, the risk and rewards associated with this strategy are limited. Credit is received at the time of entering into this strategy. Read more..

RISK REVERSAL Vs SHORT CALL CONDOR SPREAD - Details

	RISK REVERSAL	SHORT CALL CONDOR SPREAD
Market View	Bullish	Volatile
Type (CE/PE)	CE (Call Option) + PE (Put Option)	CE (Call Option)
Number Of Positions	2	4
Strategy Level	Advance	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Unlimited	Limited
Breakeven Point	Premium received - Put Strike Price	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium

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

	RISK REVERSAL	SHORT CALL CONDOR SPREAD
Market View	Bullish	Volatile
When to use?	This strategy can be used for hedging. When an investor want to protect long or short position by using a call and put option.	This strategy is used when an investor expect the price of the underlying stock to be very volatile.
Action	This strategy work when an investor want to hedge their position by buying a put option and selling a call option.	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option
Breakeven Point	Premium received - Put Strike Price	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium

RISK REVERSAL Vs SHORT CALL CONDOR SPREAD - Risk & Reward

	RISK REVERSAL	SHORT CALL CONDOR SPREAD
Maximum Profit Scenario	You have unlimited profit potential to the upside.	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario	You have nearly unlimited downside risk as well because you are short the put	Strike Price of Lower Strike Long Call - Strike Price of Lower Strike Short Call - Net Premium Received + Commissions Paid
Risk	Unlimited	Limited
Reward	Unlimited	Limited

RISK REVERSAL Vs SHORT CALL CONDOR SPREAD - Strategy Pros & Cons

	RISK REVERSAL	SHORT CALL CONDOR SPREAD
Similar Strategies	-	Short Strangle
Disadvantage	Unlimited Risk.	• Amount of profit is low in comparison with other strategies. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	Unlimited profit.	• This strategy allows you to profit from highly volatile underlying assets moving in any direction. • Earn profit with little or no investment. • Wider profit zone.