SHORT CALL LADDER	SYNTHETIC LONG CALL
About Strategy	Short Call Ladder Option Strategy  This strategy is implemented when a trader is moderately bullish on the market, and volatility. It involves sale of an ITM Call Option, buying of an ATM Call Option & OTM Call Option. The risk associated with the strategy is limited. Risk: Read more..	Synthetic Long Call Option Strategy A trader is bullish in nature for short term, but also fearful about the downside risk associated with it. Here, a trader wants to hold an underlying asset either in physical form like in case of commodities or demat (electronic) form in case of stocks. But he is always exposed to downside risk and in order to mitigate his losses, .. Read more..

SHORT CALL LADDER Vs SYNTHETIC LONG CALL - Details

	SHORT CALL LADDER	SYNTHETIC LONG CALL
Market View	Neutral	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	3	2
Strategy Level	Advance	Beginners
Reward Profile	Unlimited	When Price of Underlying > Purchase Price of Underlying + Premium Paid
Risk Profile	Limited	Limited (Maximum loss happens when the price of instrument move above from the strike price of put)
Breakeven Point	Upper Breakeven Point = Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received Lower Breakeven Point = Strike Price of Short Call - Net Premium Received	Underlying Price + Put Premium

SHORT CALL LADDER Vs SYNTHETIC LONG CALL - When & How to use ?

	SHORT CALL LADDER	SYNTHETIC LONG CALL
Market View	Neutral	Bullish
When to use?	This strategy is implemented when a trader is moderately bullish on the market, and volatility	A trader is bullish in nature for short term, but also fearful about the downside risk associated with it.
Action	Sell 1 ITM Call, Buy 1 ATM Call, Buy 1 OTM Call	Buy 1 ATM Put or OTM Put
Breakeven Point	Upper Breakeven Point = Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received Lower Breakeven Point = Strike Price of Short Call - Net Premium Received	Underlying Price + Put Premium

SHORT CALL LADDER Vs SYNTHETIC LONG CALL - Risk & Reward

	SHORT CALL LADDER	SYNTHETIC LONG CALL
Maximum Profit Scenario	Profit Achieved When Price of Underlying > Total Strike Prices of Long Calls - Strike Price of Short Call + Net Premium Received	Current Price - Purchase Price - Premium Paid
Maximum Loss Scenario	Strike Price of Lower Strike Long Call - Strike Price of Short Call - Net Premium Received + Commissions Paid	Premium Paid
Risk	Limited	Limited
Reward	Unlimited	Unlimited

SHORT CALL LADDER Vs SYNTHETIC LONG CALL - Strategy Pros & Cons

	SHORT CALL LADDER	SYNTHETIC LONG CALL
Similar Strategies	Short Put Ladder, Strip, Strap	Protective Put, Long Call
Disadvantage	• Unlimited risk. • Margin required.	•Chances of loss if the underlying goes down. •Incur losses if option is exercised.
Advantages	• Higher probability of profit. • Unlimited upside profit. • Limited maximum loss.	•Limited risk, unlimited profit. •Protection to your long-term holdings. • Limited loss to the to the premium paid for Put option.