LONG CALL CONDOR SPREAD	MARRIED 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..	Married Put Option Strategy This strategy is applied when trader goes long on the underlying asset i.e. he buys the stock in cash market. He has a bullish view and expects the market to rise in the near future, but simultaneously has the fear of downward movement of the markets. In order to cover his position from vulnerabilities he buys one ATM Put Option of the same underlying asset. Here, a trader wi .. Read more..

LONG CALL CONDOR SPREAD Vs MARRIED PUT - Details

	LONG CALL CONDOR SPREAD	MARRIED PUT
Market View	Neutral	Bullish
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	Purchase Price of Underlying + Premium Paid

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

	LONG CALL CONDOR SPREAD	MARRIED PUT
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 work when the investor goes long in any stock. He expects the rise in market in future.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Buy 250 XYZ Shares, Buy 1 ATM Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Purchase Price of Underlying + Premium Paid

LONG CALL CONDOR SPREAD Vs MARRIED PUT - Risk & Reward

	LONG CALL CONDOR SPREAD	MARRIED PUT
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	Profit = Price of Underlying - Purchase Price of Underlying - 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 MARRIED PUT - Strategy Pros & Cons

	LONG CALL CONDOR SPREAD	MARRIED PUT
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	Long Call
Disadvantage	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.	Cost of the put options eats into profit margin.
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 and Limited Risk