DIAGONAL BULL CALL SPREAD	SHORT PUT 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..	Short Put Ladder Option Strategy  This strategy is implemented when a trader is slightly bearish on the market. A trader is required to be bullish over the volatility in the market. It involves sale of an ITM Put Option and buying of 1 ATM & 1 OTM Put Options. However, the risk associated with this strategy is limited. Read more..

DIAGONAL BULL CALL SPREAD Vs SHORT PUT LADDER - Details

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

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

	DIAGONAL BULL CALL SPREAD	SHORT PUT LADDER
Market View	Bullish	Neutral
When to use?		This strategy is implemented when a trader is slightly bearish on the market.
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call	Sell ITM Put Option, Buying 1 ATM & 1 OTM Put Option.
Breakeven Point		Upper Breakeven Point = Strike Price of Short Put - Net Premium Received Lower Breakeven Point = Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received

DIAGONAL BULL CALL SPREAD Vs SHORT PUT LADDER - Risk & Reward

	DIAGONAL BULL CALL SPREAD	SHORT PUT LADDER
Maximum Profit Scenario		When Price of Underlying < Total Strike Prices of Long Puts - Strike Price of Short Put + Net Premium Received
Maximum Loss Scenario		Strike Price of Short Put - Strike Price of Higher Strike Long Put - Net Premium Received + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Unlimited

DIAGONAL BULL CALL SPREAD Vs SHORT PUT LADDER - Strategy Pros & Cons

	DIAGONAL BULL CALL SPREAD	SHORT PUT LADDER
Similar Strategies	Bull Put Spread	Strap, Strip
Disadvantage		• Best to use when you are confident about movement of market. • Small margin required.
Advantages		• When there is surge in implied volatility, this strategy can give more profit. • Unlimited downside profit. • Limited risk and unlimited reward strategy.