SHORT CALL CONDOR SPREAD	MARRIED PUT
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..	Married Put Option Strategy This strategy is applied when trader goes long on the underlying asset i.e. he buys the stock in cash market. He has a bullish view and expects the market to rise in the near future, but simultaneously has the fear of downward movement of the markets. In order to cover his position from vulnerabilities he buys one ATM Put Option of the same underlying asset. Here, a trader wi .. Read more..

SHORT CALL CONDOR SPREAD Vs MARRIED PUT - Details

	SHORT CALL CONDOR SPREAD	MARRIED PUT
Market View	Volatile	Bullish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	4	1
Strategy Level	Advance	Beginners
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium	Purchase Price of Underlying + Premium Paid

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

	SHORT CALL CONDOR SPREAD	MARRIED PUT
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 work when the investor goes long in any stock. He expects the rise in market in future.
Action	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option	Buy 250 XYZ Shares, Buy 1 ATM Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium	Purchase Price of Underlying + Premium Paid

SHORT CALL CONDOR SPREAD Vs MARRIED PUT - Risk & Reward

	SHORT CALL CONDOR SPREAD	MARRIED PUT
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	Profit = Price of Underlying - Purchase Price of Underlying - Premium Paid
Maximum Loss Scenario	Strike Price of Lower Strike Long Call - Strike Price of Lower Strike Short Call - Net Premium Received + Commissions Paid	Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

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

	SHORT CALL CONDOR SPREAD	MARRIED PUT
Similar Strategies	Short Strangle	Long Call
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.	Cost of the put options eats into profit margin.
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.	Unlimited Profit and Limited Risk