REVERSE IRON CONDOR	SHORT PUT
About Strategy	Reverse Iron Condor Option Strategy Reverse Iron Condor as the name suggests is the opposite of Iron Condors. In Reverse Iron Condor, a trader is bullish about volatility and expects the market to make a significant move in the near future in either direction. Here a trader will buy 1 OTM Call Option, sell 1 Deep OTM Call Option, buy 1 OTM Put Option, sell 1 Deep OTM Put Option. This strategy also Read more..	Short Put Option Strategy A trader will short put if he is bullish in nature and expects the underlying asset not to fall below a certain level. Risk: Losses will be potentially unlimited if the stock skyrockets above the strike price of put. Read more..

REVERSE IRON CONDOR Vs SHORT PUT - Details

	REVERSE IRON CONDOR	SHORT PUT
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option) + PE (Put Option)	PE (Put Option)
Number Of Positions	4	1
Strategy Level	Advance	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Unlimited
Breakeven Point	Upper Breakeven Point = Strike Price of Long Call + Net Premium Paid, Lower Breakeven Point = Strike Price of Long Put - Net Premium Paid	Strike Price - Premium

REVERSE IRON CONDOR Vs SHORT PUT - When & How to use ?

	REVERSE IRON CONDOR	SHORT PUT
Market View	Neutral	Bullish
When to use?	In Reverse Iron Condor, a trader is bullish about volatility and expects the market to make a significant move in the near future in either direction	This strategy works well when you're Bullish that the price of the underlying will not fall beyond a certain level.
Action	Buy 1 OTM Put, Sell 1 OTM Put (Lower Strike), Buy 1 OTM Call, Sell 1 OTM Call (Higher Strike)	Sell Put Option
Breakeven Point	Upper Breakeven Point = Strike Price of Long Call + Net Premium Paid, Lower Breakeven Point = Strike Price of Long Put - Net Premium Paid	Strike Price - Premium

REVERSE IRON CONDOR Vs SHORT PUT - Risk & Reward

	REVERSE IRON CONDOR	SHORT PUT
Maximum Profit Scenario	Strike Price of Short Call (or Long Put) - Strike Price of Long Call (or Short Put) - Net Premium Paid - Commissions Paid	Premium received in your account when you sell the Put Option.
Maximum Loss Scenario	Net Premium Paid + Commissions Paid	Unlimited (When the price of the underlying falls.)
Risk	Limited	Unlimited
Reward	Limited	Limited

REVERSE IRON CONDOR Vs SHORT PUT - Strategy Pros & Cons

	REVERSE IRON CONDOR	SHORT PUT
Similar Strategies	Short Condor	Bull Put Spread, Short Starddle
Disadvantage	• Potential loss is higher than gain. • Limited profit.	• Unlimited risk. • Huge losses if the price of the underlying stock falls steeply.
Advantages	• Able to profit whether stocks move in either direction up or down. • This strategy can be used by option traders who cannot use credit spreads. • Predictable maximum loss and profits.	• Benefit from time decay. • Less capital required than buying the stock outright. • Profit when underlying stock price rise, move sideways or drop by a relatively small account.