When it comes to Options Trading, there are different complexities involved in terms of choosing a specific strategy that works the best for you.
At the same time, each strategy has its own set of advantages as well as limitations, thus making the concept of options trading even more challenging. Thus, in case you are looking to fit a particular strategy in your option trades, just check few areas before you make a choice.
In this detailed comparison of Long Combo Vs Long Call Condor options trading strategies, we will be looking at the below-mentioned aspects and more:
- Current Market Position
- Your Risk Appetite
- Your Trading Experience
- Profit Potential
- Intention and Expectation of a trader
- Break-even point of your trade
Apart from the Long Combo Vs Long Call Condor strategies, there are more than 25 comparisons of each of these strategies with other option strategies. With all these comparisons, you should be able to filter the ones that work the best for you.
Here is the detailed Long Combo Vs Long Call Condor comparison:
| Comparison Aspect | Long Combo | Long Call Condor |
| View |  |  |
| Strategy Introduction | The long combo is used when the investor is bullish towards the market and is certain that the prices of the shares will go up...more | Long call condor is a direction-neutral strategy. It is not necessary to know the direction in which the market is expected to move. In fact, it works at the time when...more |
| Investor Obligation | The strategy expects low initial investment, however, the trader needs to pay the premium on the trades irrespective of the trade result. | The trader has the obligation to choose the Strike Prices optimally in order to see decent profits. |
| Market Position | Bullish | Neutral |
| Strategy Level Suitable for | Intermediates | Intermediates |
| Options Traded | Put, Call | Call |
| Number of Positions | 2 | 4 |
| Action Needed | Sell One OTM Put, Buy One OTM Call | 1 Long ITM Call, 1 Short ITM Call, 1 Short OTM Call, 1 Long OTM Call |
| Risk for You | Unlimited | Limited |
| Profit Potential | Unlimited | Limited |
| Break Even Point for Investor | Call Strike + Net Premium | Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium |
| Investor Intention | Low Upfront Investments, High ROI | Let Options Expire Worthlessly |
| Investor Expectation | Price of Stocks Go Up | Little or no movement in the price of the underlying asset |
| Strategy Summary | Complex | Straight-Forward |
| Advantages | Low Upfront Investment, Unlimited Profits | Profits in Low Volatilty, Limited Risk |
| Disadvantages | Unlimited Loss, High Premium | High Premium, Selection of Correct Strike Prices is Paramount. |
| Market Scenarios - Profit | 1 | 1 |
| Market Scenarios - Loss | 1 | 1 |
| Also called as | NA | NA |
| More Comparisons | Long Combo Vs Short Put | Long Call Condor Vs Short Put |
| Long Combo Vs Long Put | Long Call Condor Vs Long Combo | |
| Long Combo Vs Synthetic Call | Long Call Condor Vs Synthetic Call | |
| Long Combo Vs Short Call | Long Call Condor Vs Long Put | |
| Long Combo Vs Long Call | Long Call Condor Vs Long Call | |
| Long Combo Vs Covered Call | Long Call Condor Vs Covered Call | |
| Long Combo Vs Covered Put | Long Call Condor Vs Covered Put | |
| Long Combo Vs Protective Call | Long Call Condor Vs Protective Call | |
| Long Combo Vs Short Box | Long Call Condor Vs Short Box | |
| Long Combo Vs Long Call Condor | Long Call Condor Vs Short Call | |
| Long Combo Vs Short Call Condor | Long Call Condor Vs Short Call Condor | |
| Long Combo Vs Box Spread | Long Call Condor Vs Box Spread | |
| Long Combo Vs Short Strangle | Long Call Condor Vs Short Strangle | |
| Long Combo Vs Long Strangle | Long Call Condor Vs Long Strangle | |
| Long Combo Vs Collar Strategy | Long Call Condor Vs Collar Strategy | |
| Long Combo Vs Long Straddle | Long Call Condor Vs Long Straddle | |
| Long Combo Vs Short Straddle | Long Call Condor Vs Short Straddle | |
| Long Combo Vs Long Call Butterfly | Long Call Condor Vs Long Call Butterfly | |
| Long Combo Vs Short Call Butterfly | Long Call Condor Vs Short Call Butterfly | |
| Long Combo Vs Bear Call Spread | Long Call Condor Vs Bear Call Spread | |
| Long Combo Vs Bear Put Spread | Long Call Condor Vs Bear Put Spread | |
| Long Combo Vs Bull Call Spread | Long Call Condor Vs Bull Call Spread | |
| Long Combo Vs Bull Put Spread | Long Call Condor Vs Bull Put Spread |
Thus, with this, we wrap up our comparison on Long Combo Vs Long Call Condor option strategies.
At the same time, if you are in a neutral market situation and have a limited risk appetite, then Long Call Condor may suit you well. You need to know that this strategy provides limited level profit only.
The strategy comes with a limited profit potential.
If you are looking to put minimal initial investment and are open for unlimited profits as well as risks, then Long Combo options strategy can work wonders for you.
In case you are looking to trade in options segment or share market in general, let us assist you in that. Just fill the form below and we will take you to the steps ahead.
