LONG COMBO	REVERSE IRON CONDOR
About Strategy	Long Combo Option Strategy  Long Combo Option Trading Strategy is implemented when a trader is bullish in nature and expects the stock price to rise in the near future. Here a trader will sell one ‘Out of the Money’ Put Option and buy one ‘Out of the Money’ Call Option. This trade will require less capital to implement since the amount required to buy the call will be covered by the amount received Read more..	Reverse Iron Condor Option Strategy Reverse Iron Condor as the name suggests is the opposite of Iron Condors. In Reverse Iron Condor, a trader is bullish about volatility and expects the market to make a significant move in the near future in either direction. Here a trader will buy 1 OTM Call Option, sell 1 Deep OTM Call Option, buy 1 OTM Put Option, sell 1 Deep OTM Put Option. This strategy also .. Read more..

LONG COMBO Vs REVERSE IRON CONDOR - Details

	LONG COMBO	REVERSE IRON CONDOR
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option) + PE (Put Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	4
Strategy Level	Advance	Advance
Reward Profile	Unlimited	Limited
Risk Profile	Unlimited	Limited
Breakeven Point	Call Strike + Net Premium	Upper Breakeven Point = Strike Price of Long Call + Net Premium Paid, Lower Breakeven Point = Strike Price of Long Put - Net Premium Paid

LONG COMBO Vs REVERSE IRON CONDOR - When & How to use ?

	LONG COMBO	REVERSE IRON CONDOR
Market View	Bullish	Neutral
When to use?	This strategy is used when an investor Bullish on an underlying but don't have the required capital or the risk appetite to invest directly into it.	In Reverse Iron Condor, a trader is bullish about volatility and expects the market to make a significant move in the near future in either direction
Action	Sell OTM Put Option, Buy OTM Call Option	Buy 1 OTM Put, Sell 1 OTM Put (Lower Strike), Buy 1 OTM Call, Sell 1 OTM Call (Higher Strike)
Breakeven Point	Call Strike + Net Premium	Upper Breakeven Point = Strike Price of Long Call + Net Premium Paid, Lower Breakeven Point = Strike Price of Long Put - Net Premium Paid

LONG COMBO Vs REVERSE IRON CONDOR - Risk & Reward

	LONG COMBO	REVERSE IRON CONDOR
Maximum Profit Scenario	Underlying asset goes up and Call option exercised	Strike Price of Short Call (or Long Put) - Strike Price of Long Call (or Short Put) - Net Premium Paid - Commissions Paid
Maximum Loss Scenario	Underlying asset goes down and Put option exercised	Net Premium Paid + Commissions Paid
Risk	Unlimited	Limited
Reward	Unlimited	Limited

LONG COMBO Vs REVERSE IRON CONDOR - Strategy Pros & Cons

	LONG COMBO	REVERSE IRON CONDOR
Similar Strategies	-	Short Condor
Disadvantage	• Losses can keep on increasing as the price of stock goes down. • High risk strategy.	• Potential loss is higher than gain. • Limited profit.
Advantages	• Capital investment is low and returns are high. • Unlimited reward, returns keep on increasing with the increase on stock price. • Leverage facility provided by this strategy is very beneficial.	• Able to profit whether stocks move in either direction up or down. • This strategy can be used by option traders who cannot use credit spreads. • Predictable maximum loss and profits.