SHORT CALL CONDOR SPREAD	BEAR 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..	Bear Put Spread Option Strategy  When a trader is moderately bearish on the market he can implement this strategy. Bear-Put-Spread involves buying of ITM Put Option and selling of an OTM Put Option. If prices fall, the ITM Put option starts making profits and the OTM Put option also adds to profit at a certain extent if the expiry price stays above the OTM strike. However, if it falls below the OTM .. Read more..

SHORT CALL CONDOR SPREAD Vs BEAR PUT SPREAD - Details

	SHORT CALL CONDOR SPREAD	BEAR PUT SPREAD
Market View	Volatile	Bearish
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 Long Put - Net Premium

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

	SHORT CALL CONDOR SPREAD	BEAR PUT SPREAD
Market View	Volatile	Bearish
When to use?	This strategy is used when an investor expect the price of the underlying stock to be very volatile.	The bear call spread options strategy is used when you are bearish in market view. The strategy minimizes your risk in the event of prime movements going against your expectations.
Action	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option	Buy ITM Put Option, Sell OTM Put Option
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium	Strike Price of Long Put - Net Premium

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

	SHORT CALL CONDOR SPREAD	BEAR PUT SPREAD
Maximum Profit Scenario	Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid	Max Profit = Strike Price of Long Put - Strike Price of Short Put - Net 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 = Net Premium Paid.
Risk	Limited	Limited
Reward	Limited	Limited

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

	SHORT CALL CONDOR SPREAD	BEAR PUT SPREAD
Similar Strategies	Short Strangle	Bear Call Spread, Bull Call Spread
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. • Early assignment risk.
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.	• If the strike price, expiration date or underlying stocks are rightly chosen then risk of losses would be limited to the net premium paid. • This strategy works well in declining markets. • Limited risk.