BULL CALL SPREAD	DIAGONAL BULL CALL SPREAD
About Strategy	Bull Call Spread Option Strategy Bull Call Spread option trading strategy is used by a trader who is bullish in nature and expects the underlying asset to give decent returns in the near future. This strategy includes buying of an ‘In The Money’ Call Option and selling of ‘Deep Out Of the Money’ Call Option of the same underlying asset and the same expiration date. 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..

BULL CALL SPREAD Vs DIAGONAL BULL CALL SPREAD - Details

	BULL CALL SPREAD	DIAGONAL BULL CALL SPREAD
Market View	Bullish	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	2	2
Strategy Level	Beginners	Beginners
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point	Strike price of purchased call + net premium paid

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

	BULL CALL SPREAD	DIAGONAL BULL CALL SPREAD
Market View	Bullish	Bullish
When to use?	This strategy is used when an investor is Bullish in the market but expect the underlying to gain mildly in near future.
Action	Buy ITM Call Option, Sell OTM Call Option	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call
Breakeven Point	Strike price of purchased call + net premium paid

BULL CALL SPREAD Vs DIAGONAL BULL CALL SPREAD - Risk & Reward

	BULL CALL SPREAD	DIAGONAL BULL CALL SPREAD
Maximum Profit Scenario	(Strike Price of Call 1 - Strike Price of Call 2) - Net Premium Paid
Maximum Loss Scenario	Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Limited

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

	BULL CALL SPREAD	DIAGONAL BULL CALL SPREAD
Similar Strategies	Collar	Bull Put Spread
Disadvantage	• Limited profit potential to the higher strike call sold if the underlying stock price rises. • Maximum profit only if stock rises to the higher of 2 strike prices selected.
Advantages	• Allows you to reduce risk and cost of your investment. • When placing the spread, exit strategy is pre-determined in advance. • Risk is limited to the net premium paid.