PUT BACKSPREAD	DIAGONAL BULL CALL SPREAD
About Strategy	Put Backspread Option Strategy If the trader is bearish on market and bullish in volatility, he will implement this strategy. However the trader can be neutral in nature i.e. indifferent if the market moves in either of the direction, this strategy will make profits, but uptrend will give a capped income than downtrend which will give unlimited returns. Read more..	Diagonal Bull Call Spread Option Strategy This strategy is implemented by a trader when he is neutral – moderately bullish in the near-month contract and bullish in the mid-month contract. It involves sale of 1 Near-Month OTM Call Option and buying of 1 Mid Month ITM Call Option. Risk: Read more..

PUT BACKSPREAD Vs DIAGONAL BULL CALL SPREAD - Details

	PUT BACKSPREAD	DIAGONAL BULL CALL SPREAD
Market View	Bearish	Bullish
Type (CE/PE)	PE (Put Option)	CE (Call Option)
Number Of Positions	2	2
Strategy Level	Advance	Beginners
Reward Profile		Limited
Risk Profile		Limited
Breakeven Point

PUT BACKSPREAD Vs DIAGONAL BULL CALL SPREAD - When & How to use ?

	PUT BACKSPREAD	DIAGONAL BULL CALL SPREAD
Market View	Bearish	Bullish
When to use?
Action		Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call
Breakeven Point

PUT BACKSPREAD Vs DIAGONAL BULL CALL SPREAD - Risk & Reward

	PUT BACKSPREAD	DIAGONAL BULL CALL SPREAD
Maximum Profit Scenario
Maximum Loss Scenario
Risk	Limited	Limited
Reward	Unlimited	Limited

PUT BACKSPREAD Vs DIAGONAL BULL CALL SPREAD - Strategy Pros & Cons

	PUT BACKSPREAD	DIAGONAL BULL CALL SPREAD
Similar Strategies		Bull Put Spread
Disadvantage
Advantages