SHORT CALL CONDOR SPREAD	BULL PUT 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 Put Spread Option Strategy Bull Put Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to move in an upward trend in the near future. This strategy includes buying of an ‘Out of the Money’ Put Option and selling of ‘In the Money’ Put Option of the same underlying asset and the same expiration date. When you write a Put, you will receive prem .. Read more..

SHORT CALL CONDOR SPREAD Vs BULL PUT SPREAD - Details

	SHORT CALL CONDOR SPREAD	BULL PUT SPREAD
Market View	Volatile	Bullish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	4	2
Strategy Level	Advance	Advance
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 short put - net premium paid

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

	SHORT CALL CONDOR SPREAD	BULL PUT 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.	Bull Put Spread strategy is used when you're of the view that the price of a particular underlying will rise, move sideways, or marginally fall.
Action	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option	Buy OTM Put Option, Sell ITM Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium	Strike price of short put - net premium paid

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

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

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

	SHORT CALL CONDOR SPREAD	BULL PUT SPREAD
Similar Strategies	Short Strangle	Bull Call Spread, Bear Put Spread, 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. • In loss situations, time decay may go against you.
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.	• Benefit from the time decay in profit positions but harmful in loss positions. • Profitable when underlying stock price rises, move sideways or marginal drop. • Reduce the downside risk.