LONG CALL CONDOR SPREAD	LONG PUT
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 Put Option Strategy This strategy is implemented by buying 1 Put Option i.e. a single position, when the person is bearish on the market and expects the market to move downwards in the near future. Risk: The maximum loss will be the premium amount paid.< .. Read more..

LONG CALL CONDOR SPREAD Vs LONG PUT - Details

	LONG CALL CONDOR SPREAD	LONG PUT
Market View	Neutral	Bearish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	4	1
Strategy Level	Advance	Beginners
Reward Profile	Limited	Unlimited
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 - Premium Paid

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

	LONG CALL CONDOR SPREAD	LONG PUT
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.	A long put option strategy works well when you're expecting the underlying asset to sharply decline or be volatile in near future.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Buy Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Strike Price of Long Put - Premium Paid

LONG CALL CONDOR SPREAD Vs LONG PUT - Risk & Reward

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

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

	LONG CALL CONDOR SPREAD	LONG PUT
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	Protective Call, Short Put
Disadvantage	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.	• 100% loss if strike price, expiration dates or underlying stocks are badly chosen. • Time decay.
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.	• Limited risk to the premium paid. • Less capital investment and more profit. • Unlimited profit potential with limited risk.