DIAGONAL BULL CALL SPREAD	BULL CALENDER SPREAD
About Strategy	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 Calendar Spread Option Strategy This strategy is implemented when a trader is bullish on the underlying stock/index in the short term say 2 months or so. A trader will write one Near Month OTM Call Option and buy one next Month OTM Call Option, thereby reducing the cost of purchase, with the same strike price of the same underlying asset. This strategy is used when a trader wants to make prof .. Read more..

DIAGONAL BULL CALL SPREAD Vs BULL CALENDER SPREAD - Details

	DIAGONAL BULL CALL SPREAD	BULL CALENDER SPREAD
Market View	Bullish	Bullish
Type (CE/PE)	CE (Call Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Beginners
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Limited
Breakeven Point		Stock Price when long call value is equal to net debit.

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

	DIAGONAL BULL CALL SPREAD	BULL CALENDER SPREAD
Market View	Bullish	Bullish
When to use?		This strategy is used when a trader wants to make profit from a steady increase in the stock price over a short period of time.
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call	Sell 1 Near-Term OTM Call, Buy 1 Long-Term OTM Call
Breakeven Point		Stock Price when long call value is equal to net debit.

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

	DIAGONAL BULL CALL SPREAD	BULL CALENDER SPREAD
Maximum Profit Scenario		You have unlimited profit potential to the upside.
Maximum Loss Scenario		Max Loss = Premium Paid + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

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

	DIAGONAL BULL CALL SPREAD	BULL CALENDER SPREAD
Similar Strategies	Bull Put Spread	The Collar, Bull Put Spread
Disadvantage		• Limited profit even if underlying asset rallies. • If the short call options are assigned when the underlying asset rallies then losses can be sustained.
Advantages		• Limited losses to the net debit. • Enable trader to book profit even if underlying asset stays stagnant. • If the market trends reverse, cashing in from stock price movement at limited risk.