DIAGONAL BULL CALL SPREAD	IRON CONDORS
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..	Iron Condors Option Strategy Iron Condor is a neutral trading strategy. A trader tries to make profit from low volatility in the price of the underlying asset. This strategy will be better understood if you recall ‘Bull Put Spread’ & ‘Bear Call Spread’. A trader will buy one Deep OTM Put Option and sell one OTM Put Option,. He will also sell one OTM Call Option and buy one Deep OTM Call Option. .. Read more..

DIAGONAL BULL CALL SPREAD Vs IRON CONDORS - Details

	DIAGONAL BULL CALL SPREAD	IRON CONDORS
Market View	Bullish	Neutral
Type (CE/PE)	CE (Call Option)	CE (Call Option) + PE (Put Option)
Number Of Positions	2	4
Strategy Level	Beginners	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point		Upper Breakeven Point = Strike Price of Short Call + Net Premium Received, Lower Breakeven Point = Strike Price of Short Put - Net Premium Received

DIAGONAL BULL CALL SPREAD Vs IRON CONDORS - When & How to use ?

	DIAGONAL BULL CALL SPREAD	IRON CONDORS
Market View	Bullish	Neutral
When to use?		When a trader tries to make profit from low volatility in the price of the underlying asset.
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call	Sell 1 OTM Put, Buy 1 OTM Put (Lower Strike), Sell 1 OTM Call, Buy 1 OTM Call (Higher Strike)
Breakeven Point		Upper Breakeven Point = Strike Price of Short Call + Net Premium Received, Lower Breakeven Point = Strike Price of Short Put - Net Premium Received

DIAGONAL BULL CALL SPREAD Vs IRON CONDORS - Risk & Reward

	DIAGONAL BULL CALL SPREAD	IRON CONDORS
Maximum Profit Scenario		Net Premium Received - Commissions Paid
Maximum Loss Scenario		Strike Price of Long Call - Strike Price of Short Call - Net Premium Received + Commissions Paid
Risk	Limited	Limited
Reward	Limited	Limited

DIAGONAL BULL CALL SPREAD Vs IRON CONDORS - Strategy Pros & Cons

	DIAGONAL BULL CALL SPREAD	IRON CONDORS
Similar Strategies	Bull Put Spread	Long Put Butterfly, Neutral Calendar Spread
Disadvantage		• Full of risk. • Unlimited maximum loss.
Advantages		• Chance to gather double premium. • Sure, maximum gains on one-half the trade. • Flexible and double leverage at half price.