LONG CALL CONDOR SPREAD	SHORT 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..	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..

LONG CALL CONDOR SPREAD Vs SHORT PUT - Details

	LONG CALL CONDOR SPREAD	SHORT 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	Limited
Risk Profile	Limited	Unlimited
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Strike Price - Premium

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

	LONG CALL CONDOR SPREAD	SHORT 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 works well when you're Bullish that the price of the underlying will not fall beyond a certain level.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Sell Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium	Strike Price - Premium

LONG CALL CONDOR SPREAD Vs SHORT PUT - Risk & Reward

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

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

	LONG CALL CONDOR SPREAD	SHORT PUT
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	Bull Put Spread, Short Starddle
Disadvantage	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.	• Unlimited risk. • Huge losses if the price of the underlying stock falls steeply.
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.	• 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.