SHORT CALL CONDOR SPREAD	BULL CALL SPREAD
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..	Bull Call Spread Option Strategy Bull Call Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to give decent returns in the near future. This strategy includes buying of an ‘In The Money’ Call Option and selling of ‘Deep Out Of the Money’ Call Option of the same underlying asset and the same expiration date. .. Read more..

SHORT CALL CONDOR SPREAD Vs BULL CALL SPREAD - Details

	SHORT CALL CONDOR SPREAD	BULL CALL SPREAD
Market View	Volatile	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	4	2
Strategy Level	Advance	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium	Strike price of purchased call + net premium paid

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

	SHORT CALL CONDOR SPREAD	BULL CALL SPREAD
Market View	Volatile	Bullish
When to use?	This strategy is used when an investor expect the price of the underlying stock to be very volatile.	This strategy is used when an investor is Bullish in the market but expect the underlying to gain mildly in near future.
Action	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option	Buy ITM Call Option, Sell OTM Call Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium	Strike price of purchased call + net premium paid

SHORT CALL CONDOR SPREAD Vs BULL CALL SPREAD - Risk & Reward

	SHORT CALL CONDOR SPREAD	BULL CALL SPREAD
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid
Maximum Loss Scenario	Strike Price of Lower Strike Long Call - Strike Price of Lower Strike Short Call - Net Premium Received + Commissions Paid	Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Limited

SHORT CALL CONDOR SPREAD Vs BULL CALL SPREAD - Strategy Pros & Cons

	SHORT CALL CONDOR SPREAD	BULL CALL SPREAD
Similar Strategies	Short Strangle	Collar
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.	• Limited profit potential to the higher strike call sold if the underlying stock price rises. • Maximum profit only if stock rises to the higher of 2 strike prices selected.
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.	• Allows you to reduce risk and cost of your investment. • When placing the spread, exit strategy is pre-determined in advance. • Risk is limited to the net premium paid.