LONG STRADDLE	DIAGONAL BULL CALL SPREAD
About Strategy	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 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 Vs DIAGONAL BULL CALL SPREAD - Details

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

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

	LONG STRADDLE	DIAGONAL BULL CALL SPREAD
Market View	Neutral	Bullish
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 Call Option, Buy Put Option	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call
Breakeven Point	Lower Breakeven = Strike Price of Put - Net Premium, Upper breakeven = Strike Price of Call + Net Premium

LONG STRADDLE Vs DIAGONAL BULL CALL SPREAD - Risk & Reward

	LONG STRADDLE	DIAGONAL BULL CALL SPREAD
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	Unlimited	Limited

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

	LONG STRADDLE	DIAGONAL BULL CALL SPREAD
Similar Strategies	Bear Put Spread	Bull 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.