BEAR PUT SPREAD	LONG CALL CONDOR SPREAD
About Strategy	Bear Put Spread Option Strategy  When a trader is moderately bearish on the market he can implement this strategy. Bear-Put-Spread involves buying of ITM Put Option and selling of an OTM Put Option. If prices fall, the ITM Put option starts making profits and the OTM Put option also adds to profit at a certain extent if the expiry price stays above the OTM strike. However, if it falls below the OTM Read more..	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..

BEAR PUT SPREAD Vs LONG CALL CONDOR SPREAD - Details

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

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

	BEAR PUT SPREAD	LONG CALL CONDOR SPREAD
Market View	Bearish	Neutral
When to use?	The bear call spread options strategy is used when you are bearish in market view. The strategy minimizes your risk in the event of prime movements going against your expectations.	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	Buy ITM Put Option, Sell OTM Put Option	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option
Breakeven Point	Strike Price of Long Put - Net Premium	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

BEAR PUT SPREAD Vs LONG CALL CONDOR SPREAD - Risk & Reward

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

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

	BEAR PUT SPREAD	LONG CALL CONDOR SPREAD
Similar Strategies	Bear Call Spread, Bull Call Spread	Long Put Butterfly, Short Call Condor, Short Strangle
Disadvantage	• Limited profit. • Early assignment risk.	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	• If the strike price, expiration date or underlying stocks are rightly chosen then risk of losses would be limited to the net premium paid. • This strategy works well in declining markets. • Limited risk.	• 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.