SHORT CALL CONDOR SPREAD	LONG PUT
About Strategy	Short Call Condor Spread Option Strategy Short Call Condor Spread is the opposite of Long Call Condor Spread i.e. sell 1 Deep ITM Call Option, buy 1 ITM Call Option, buy 1 OTM Call Option, sell 1 Deep OTM Call Option. Similar to Long Call Condor, the risk and rewards associated with this strategy are limited. Credit is received at the time of entering into this strategy. Read more..	Long Put Option Strategy This strategy is implemented by buying 1 Put Option i.e. a single position, when the person is bearish on the market and expects the market to move downwards in the near future. Risk: The maximum loss will be the premium amount paid.< .. Read more..

SHORT CALL CONDOR SPREAD Vs LONG PUT - Details

	SHORT CALL CONDOR SPREAD	LONG PUT
Market View	Volatile	Bearish
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	Strike Price of Long Put - Premium Paid

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

	SHORT CALL CONDOR SPREAD	LONG PUT
Market View	Volatile	Bearish
When to use?	This strategy is used when an investor expect the price of the underlying stock to be very volatile.	A long put option strategy works well when you're expecting the underlying asset to sharply decline or be volatile in near future.
Action	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option	Buy Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium	Strike Price of Long Put - Premium Paid

SHORT CALL CONDOR SPREAD Vs LONG PUT - Risk & Reward

	SHORT CALL CONDOR SPREAD	LONG PUT
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	Profit = Strike Price of Long Put - Premium Paid
Maximum Loss Scenario	Strike Price of Lower Strike Long Call - Strike Price of Lower Strike Short Call - Net Premium Received + Commissions Paid	Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

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

	SHORT CALL CONDOR SPREAD	LONG PUT
Similar Strategies	Short Strangle	Protective Call, Short Put
Disadvantage	• Amount of profit is low in comparison with other strategies. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.	• 100% loss if strike price, expiration dates or underlying stocks are badly chosen. • Time decay.
Advantages	• This strategy allows you to profit from highly volatile underlying assets moving in any direction. • Earn profit with little or no investment. • Wider profit zone.	• Limited risk to the premium paid. • Less capital investment and more profit. • Unlimited profit potential with limited risk.