LONG CALL CONDOR SPREAD	RISK REVERSAL
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..	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..

LONG CALL CONDOR SPREAD Vs RISK REVERSAL - Details

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

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

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

LONG CALL CONDOR SPREAD Vs RISK REVERSAL - Risk & Reward

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

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

	LONG CALL CONDOR SPREAD	RISK REVERSAL
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	-
Disadvantage	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.	Unlimited 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.	Unlimited profit.