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 Call 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 Call 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 Call Vs Long Call Condor comparison:
| Comparison Aspect | Long Call | Long Call Condor |
| View |  |  |
| Strategy Introduction | In Long Call Strategy, the trader enters into a contract to buy a call option when he is bullish towards the market. The trader anticipates that the price of the security will go up in the future. However, he does not want to take the risk of buying the security outright...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 trader has the right to buy a security at a future date at a predefined price. The term long itself means buying a security or buying an option. | 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 | Call | Call |
| Number of Positions | 1 | 4 |
| Action Needed | Buy Call Option | 1 Long ITM Call, 1 Short ITM Call, 1 Short OTM Call, 1 Long OTM Call |
| Risk for You | Limited to Premium | Limited |
| Profit Potential | Unlimited | Limited |
| Break Even Point for Investor | Strike Price PLUS Premium | Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium |
| Investor Intention | Exercise Option if Profitable, Let it go otherwise | Let Options Expire Worthlessly |
| Investor Expectation | Prices of Assets Go Up Sharply | Little or no movement in the price of the underlying asset |
| Strategy Summary | Attractive | Straight-Forward |
| Advantages | Unlimited Profits, Limited Loss, Low Investment | Profits in Low Volatilty, Limited Risk |
| Disadvantages | Premium may eat up the Profits | 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 Call Vs Long Put | Long Call Condor Vs Short Put |
| Long Call Vs Long Combo | Long Call Condor Vs Long Combo | |
| Long Call Vs Synthetic Call | Long Call Condor Vs Synthetic Call | |
| Long Call Vs Short Call | Long Call Condor Vs Long Put | |
| Long Call Vs Short Put | Long Call Condor Vs Long Call | |
| Long Call Vs Covered Call | Long Call Condor Vs Covered Call | |
| Long Call Vs Covered Put | Long Call Condor Vs Covered Put | |
| Long Call Vs Protective Call | Long Call Condor Vs Protective Call | |
| Long Call Vs Short Box | Long Call Condor Vs Short Box | |
| Long Call Vs Long Call Condor | Long Call Condor Vs Short Call | |
| Long Call Vs Short Call Condor | Long Call Condor Vs Short Call Condor | |
| Long Call Vs Box Spread | Long Call Condor Vs Box Spread | |
| Long Call Vs Short Strangle | Long Call Condor Vs Short Strangle | |
| Long Call Vs Long Strangle | Long Call Condor Vs Long Strangle | |
| Long Call Vs Collar Strategy | Long Call Condor Vs Collar Strategy | |
| Long Call Vs Long Straddle | Long Call Condor Vs Long Straddle | |
| Long Call Vs Short Straddle | Long Call Condor Vs Short Straddle | |
| Long Call Vs Long Call Butterfly | Long Call Condor Vs Long Call Butterfly | |
| Long Call Vs Short Call Butterfly | Long Call Condor Vs Short Call Butterfly | |
| Long Call Vs Bear Call Spread | Long Call Condor Vs Bear Call Spread | |
| Long Call Vs Bear Put Spread | Long Call Condor Vs Bear Put Spread | |
| Long Call Vs Bull Call Spread | Long Call Condor Vs Bull Call Spread | |
| Long Call Vs Bull Put Spread | Long Call Condor Vs Bull Put Spread |
Thus, with this, we wrap up our comparison on Long Call 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.
As mentioned above, if you are in a Bullish market situation and want to make unlimited profits on your trades, then Long Call is one of the options trading strategies you can opt for. The risk involved in this strategy is more than limited and thus, the strategy can only work for higher profits if you have the experience to run similar strategies in the past.
Furthermore, as said above, it also depends on the market situation.
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.
