THE COLLAR	LONG CALL CONDOR SPREAD
About Strategy	The Collar Option Strategy Collar Strategy is an extension to Covered Call Strategy. A trader, who is bullish in nature but has a very low risk appetite and wants to mitigate his risk will implement the Collar Strategy. Collar involves buying of stock in either Cash/Futures Market, buying an ATM Put Option & selling an OTM Call Option. The expiry dates of the op 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..

THE COLLAR Vs LONG CALL CONDOR SPREAD - Details

	THE COLLAR	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option) + PE (Put Option) + Underlying	CE (Call Option)
Number Of Positions	3	4
Strategy Level	Advance	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Price of Features - Call Premium + Put Premium	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

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

	THE COLLAR	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
When to use?	It should be used only in case where trader is certain about the bearish market view.	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	Buy Underlying, Buy 1 ATM Put Option, Sell 1 OTM Call Option	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option
Breakeven Point	Price of Features - Call Premium + Put Premium	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

THE COLLAR Vs LONG CALL CONDOR SPREAD - Risk & Reward

	THE COLLAR	LONG CALL CONDOR SPREAD
Maximum Profit Scenario	Strike Price of Short Call - Purchase Price of Underlying + Net Premium Received	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario	Purchase Price of Underlying - Strike Price of Long Put - Net Premium Received	Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Limited

THE COLLAR Vs LONG CALL CONDOR SPREAD - Strategy Pros & Cons

	THE COLLAR	LONG CALL CONDOR SPREAD
Similar Strategies	Call Spread, Bull Put Spread	Long Put Butterfly, Short Call Condor, Short Strangle
Disadvantage	• Limited profit. • A trader can book more profit without this strategy if the prices goes high.	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	• This strategy protects the losses on underlying asset. • Risk gets limited if the price of the stocks goes down. • Trader can get ownership benefits life dividend and voting rights.	• 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.