BULL CALENDER SPREAD	LONG CALL CONDOR SPREAD
About Strategy	Bull Calendar Spread Option Strategy This strategy is implemented when a trader is bullish on the underlying stock/index in the short term say 2 months or so. A trader will write one Near Month OTM Call Option and buy one next Month OTM Call Option, thereby reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when a trader wants to make prof 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..

BULL CALENDER SPREAD Vs LONG CALL CONDOR SPREAD - Details

	BULL CALENDER SPREAD	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option) + PE (Put Option)	CE (Call Option)
Number Of Positions	2	4
Strategy Level	Beginners	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Stock Price when long call value is equal to net debit.	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

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

	BULL CALENDER SPREAD	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
When to use?	This strategy is used when a trader wants to make profit from a steady increase in the stock price over a short period of time.	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	Sell 1 Near-Term OTM Call, Buy 1 Long-Term OTM Call	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option
Breakeven Point	Stock Price when long call value is equal to net debit.	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

BULL CALENDER SPREAD Vs LONG CALL CONDOR SPREAD - Risk & Reward

	BULL CALENDER SPREAD	LONG CALL CONDOR SPREAD
Maximum Profit Scenario	You have unlimited profit potential to the upside.	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario	Max Loss = Premium Paid + Commissions Paid	Net Premium Paid
Risk	Limited	Limited
Reward	Unlimited	Limited

BULL CALENDER SPREAD Vs LONG CALL CONDOR SPREAD - Strategy Pros & Cons

	BULL CALENDER SPREAD	LONG CALL CONDOR SPREAD
Similar Strategies	The Collar, Bull Put Spread	Long Put Butterfly, Short Call Condor, Short Strangle
Disadvantage	• Limited profit even if underlying asset rallies. • If the short call options are assigned when the underlying asset rallies then losses can be sustained.	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	• Limited losses to the net debit. • Enable trader to book profit even if underlying asset stays stagnant. • If the market trends reverse, cashing in from stock price movement at limited risk.	• 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.