DIAGONAL BULL CALL SPREAD	LONG CALL LADDER
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 Ladder Option Strategy  Long Call Ladder Strategy is an extension to Bull Call Spread Strategy. A trader will be slightly bullish about the market, in this strategy but bearish over volatility. It involves buying of an ITM Call Option and sale of 1 ATM & 1 OTM Call Options. However, the risk associated with this strategy is unlimited and reward is limited. Read more..

DIAGONAL BULL CALL SPREAD Vs LONG CALL LADDER - Details

	DIAGONAL BULL CALL SPREAD	LONG CALL LADDER
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	2	3
Strategy Level	Beginners	Advance
Reward Profile	Limited	Unlimited
Risk Profile	Limited	Unlimited
Breakeven Point		Upper Breakeven Point = Total Strike Prices of Short Calls - Strike Price of Long Call - Net Premium Paid, Lower Breakeven Point = Strike Price of Long Call + Net Premium Paid

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

	DIAGONAL BULL CALL SPREAD	LONG CALL LADDER
Market View	Bullish	Neutral
When to use?		This Strategy is an extension to Bull Call Spread Strategy. A trader will be slightly bullish about the market, in this strategy but bearish over volatility.
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call	Buy 1 ITM Call, Sell 1 ATM Call, Sell 1 OTM Call
Breakeven Point		Upper Breakeven Point = Total Strike Prices of Short Calls - Strike Price of Long Call - Net Premium Paid, Lower Breakeven Point = Strike Price of Long Call + Net Premium Paid

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

	DIAGONAL BULL CALL SPREAD	LONG CALL LADDER
Maximum Profit Scenario		Strike Price of Lower Strike Short Call - Strike Price of Long Call - Net Premium Paid - Commissions Paid
Maximum Loss Scenario		Price of Underlying - Upper Breakeven Price + Commissions Paid
Risk	Limited	Unlimited
Reward	Limited	Unlimited

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

	DIAGONAL BULL CALL SPREAD	LONG CALL LADDER
Similar Strategies	Bull Put Spread	Short Strangle (Sell Strangle), Short Straddle (Sell Straddle)
Disadvantage		• Unlimited risk. • Margin required.
Advantages		• Reduces capital outlay of bull call spread. • Wider maximum profit zone. • When there is decrease in implied volatility, this strategy can give profit.