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 Short Strangle Vs Short 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 Short Strangle Vs Short 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 Short Strangle Vs Short Call Condor comparison:
| Comparison Aspect | Short Strangle | Short Call Condor |
| View |  |  |
| Strategy Introduction | The short strangle options trading strategy is an excellent strategy to be deployed when the investor is expecting little to no volatility in the market...more | Short Call Condor works in a neutral market and helps the trader to be unaffected by the direction of the trend. The profits can be earned irrespective of the direction in which the prices move...more |
| Investor Obligation | If the prediction does not come out true, the strategy can cause unlimited loss. | In case of limited price movement, the trader supposedlly incurs a loss. |
| Market Position | Neutral | Neutral |
| Strategy Level Suitable for | Experts | Intermediates |
| Options Traded | Call | Call |
| Number of Positions | 4 | 4 |
| Action Needed | 1 Short ITM Call, 1 Long ITM Call, 1 Long OTM Call, 1 Short OTM Call | 1 Short ITM Call, 1 Long ITM Call, 1 Long OTM Call, 1 Short OTM Call |
| Risk for You | Limited | Limited |
| Profit Potential | Unlimited | Limited |
| Break Even Point for Investor | Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium | Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium |
| Investor Intention | Stock price remains between the 2 option Strike Prices and the options expire worthlessly | Let Options Expire Worthlessly |
| Investor Expectation | Little or No Market Volatility | High Implied Volatility |
| Strategy Summary | Profits in Stable Market | Almost a Hero (Limited Profit) |
| Advantages | Higher Range of Profit | Low Risk, Low Initial Capital, Profit Chances High |
| Disadvantages | Low Premium, Unlimited Risk | High Premium, Limited Profit |
| Market Scenarios - Profit | 1 | 1 |
| Market Scenarios - Loss | 1 | 1 |
| Also called as | Credit Spread | NA |
| More Comparisons | Short Strangle Vs Short Put | Short Call Condor Vs Short Put |
| Short Strangle Vs Long Combo | Short Call Condor Vs Long Combo | |
| Short Strangle Vs Synthetic Call | Short Call Condor Vs Synthetic Call | |
| Short Strangle Vs Long Put | Short Call Condor Vs Long Put | |
| Short Strangle Vs Long Call | Short Call Condor Vs Long Call | |
| Short Strangle Vs Covered Call | Short Call Condor Vs Covered Call | |
| Short Strangle Vs Covered Put | Short Call Condor Vs Covered Put | |
| Short Strangle Vs Protective Call | Short Call Condor Vs Protective Call | |
| Short Strangle Vs Short Box | Short Call Condor Vs Short Box | |
| Short Strangle Vs Long Call Condor | Short Call Condor Vs Long Call Condor | |
| Short Strangle Vs Short Call Condor | Short Call Condor Vs Short Call | |
| Short Strangle Vs Box Spread | Short Call Condor Vs Box Spread | |
| Short Strangle Vs Short Call | Short Call Condor Vs Short Strangle | |
| Short Strangle Vs Long Strangle | Short Call Condor Vs Long Strangle | |
| Short Strangle Vs Collar Strategy | Short Call Condor Vs Collar Strategy | |
| Short Strangle Vs Long Straddle | Short Call Condor Vs Long Straddle | |
| Short Strangle Vs Short Straddle | Short Call Condor Vs Short Straddle | |
| Short Strangle Vs Long Call Butterfly | Short Call Condor Vs Long Call Butterfly | |
| Short Strangle Vs Short Call Butterfly | Short Call Condor Vs Short Call Butterfly | |
| Short Strangle Vs Bear Call Spread | Short Call Condor Vs Bear Call Spread | |
| Short Strangle Vs Bear Put Spread | Short Call Condor Vs Bear Put Spread | |
| Short Strangle Vs Bull Call Spread | Short Call Condor Vs Bull Call Spread | |
| Short Strangle Vs Bull Put Spread | Short Call Condor Vs Bull Put Spread |
Thus, with this, we wrap up our comparison on Short Strangle Vs Short Call Condor option strategies.
At the same time, if you are in a neutral market situation and have a limited risk appetite, then Short Call Condor may suit you well. You need to know that this strategy provides limited level profit only.
However, if you are in a neutral market situation and have a limited risk appetite, then Short Strangle is a potential option strategy for you. Generally, this strategy is suitable when you are sure that there is going to be low or no market volatility at all.
The strategy comes with a limited profit potential.
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