LONG CALL CONDOR SPREAD	LONG COMBO
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..	Long Combo Option Strategy  Long Combo Option Trading Strategy is implemented when a trader is bullish in nature and expects the stock price to rise in the near future. Here a trader will sell one ‘Out of the Money’ Put Option and buy one ‘Out of the Money’ Call Option. This trade will require less capital to implement since the amount required to buy the call will be covered by the amount received .. Read more..

LONG CALL CONDOR SPREAD Vs LONG COMBO - Details

	LONG CALL CONDOR SPREAD	LONG COMBO
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	Call Strike + Net Premium

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

	LONG CALL CONDOR SPREAD	LONG COMBO
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 is used when an investor Bullish on an underlying but don't have the required capital or the risk appetite to invest directly into it.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Sell OTM Put Option, Buy OTM Call Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Call Strike + Net Premium

LONG CALL CONDOR SPREAD Vs LONG COMBO - Risk & Reward

	LONG CALL CONDOR SPREAD	LONG COMBO
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	Underlying asset goes up and Call option exercised
Maximum Loss Scenario	Net Premium Paid	Underlying asset goes down and Put option exercised
Risk	Limited	Unlimited
Reward	Limited	Unlimited

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

	LONG CALL CONDOR SPREAD	LONG COMBO
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.	• Losses can keep on increasing as the price of stock goes down. • High risk strategy.
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.	• Capital investment is low and returns are high. • Unlimited reward, returns keep on increasing with the increase on stock price. • Leverage facility provided by this strategy is very beneficial.