DIAGONAL BULL CALL SPREAD	LONG STRADDLE
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 Straddle Option Strategy  Straddle is neither bullish nor bearish strategy; it is a market neutral strategy. Here a trader wishes to take advantage of the volatility in the market. This strategy involves buying of one Call option and one Put option of the same strike price, same expiry date and of the same underlying asset. Now a trader is bound to make profits once stock moves in either direc .. Read more..

DIAGONAL BULL CALL SPREAD Vs LONG STRADDLE - Details

	DIAGONAL BULL CALL SPREAD	LONG STRADDLE
Market View	Bullish	Neutral
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		Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium

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

	DIAGONAL BULL CALL SPREAD	LONG STRADDLE
Market View	Bullish	Neutral
When to use?		This options strategy is work well when and investor market view is bearish. The strategy minimizes your risk in the event of prime movements going against your expectations.
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call	Buy Call Option, Buy Put Option
Breakeven Point		Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium

DIAGONAL BULL CALL SPREAD Vs LONG STRADDLE - Risk & Reward

	DIAGONAL BULL CALL SPREAD	LONG STRADDLE
Maximum Profit Scenario		Max profit is achieved when at one option is exercised.
Maximum Loss Scenario		Maximum Loss = Net Premium Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

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

	DIAGONAL BULL CALL SPREAD	LONG STRADDLE
Similar Strategies	Bull Put Spread	Bear Put Spread
Disadvantage		• There should be continuous movement of the stock and options price for this strategy to be profitable. • Time decay hurts long option if the strike price, expiration date or underlying stock are badly chosen.
Advantages		• Unlimited potential beyond the breakeven point in either direction . • Book your profit from highly volatile stocks without determining the direction. • Limited risk, more profit.