DIAGONAL BULL CALL SPREAD	LONG CALL CONDOR 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..	Long Call Condor Spread Option Strategy  This strategy is implemented when a trader is bearish on the volatility and expects the market to move sideways. Using Call Options of the same expiry date, he will buy one Deep ITM Call Option, sell 1 ITM Call Option, sell 1 OTM Call Option, buy 1 Deep OTM Call Option. The risk and reward both are limited due to offsetting of long and short positions. For t .. Read more..

DIAGONAL BULL CALL SPREAD Vs LONG CALL CONDOR SPREAD - Details

	DIAGONAL BULL CALL SPREAD	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	2	4
Strategy Level	Beginners	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point		Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

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

	DIAGONAL BULL CALL SPREAD	LONG CALL CONDOR SPREAD
Market View	Bullish	Neutral
When to use?		This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option
Breakeven Point		Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

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

	DIAGONAL BULL CALL SPREAD	LONG CALL CONDOR SPREAD
Maximum Profit Scenario		Strike Price of Lower Strike Short Call - Strike Price of Lower Strike Long Call - Net Premium Paid
Maximum Loss Scenario		Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Limited

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

	DIAGONAL BULL CALL SPREAD	LONG CALL CONDOR SPREAD
Similar Strategies	Bull Put Spread	Long Put Butterfly, Short Call Condor, Short Strangle
Disadvantage		• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages		• Capable to generate profit even if there is low volatility in the market. • This strategy is associated with limited risk and limited profit. • Wider profit zone.