DIAGONAL BULL CALL SPREAD	PUT BACKSPREAD
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..	Put Backspread Option Strategy If the trader is bearish on market and bullish in volatility, he will implement this strategy. However the trader can be neutral in nature i.e. indifferent if the market moves in either of the direction, this strategy will make profits, but uptrend will give a capped income than downtrend which will give unlimited returns. Read more..

DIAGONAL BULL CALL SPREAD Vs PUT BACKSPREAD - Details

	DIAGONAL BULL CALL SPREAD	PUT BACKSPREAD
Market View	Bullish	Bearish
Type (CE/PE)	CE (Call Option)	PE (Put Option)
Number Of Positions	2	2
Strategy Level	Beginners	Advance
Reward Profile	Limited
Risk Profile	Limited
Breakeven Point

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

	DIAGONAL BULL CALL SPREAD	PUT BACKSPREAD
Market View	Bullish	Bearish
When to use?
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call
Breakeven Point

DIAGONAL BULL CALL SPREAD Vs PUT BACKSPREAD - Risk & Reward

	DIAGONAL BULL CALL SPREAD	PUT BACKSPREAD
Maximum Profit Scenario
Maximum Loss Scenario
Risk	Limited	Limited
Reward	Limited	Unlimited

DIAGONAL BULL CALL SPREAD Vs PUT BACKSPREAD - Strategy Pros & Cons

	DIAGONAL BULL CALL SPREAD	PUT BACKSPREAD
Similar Strategies	Bull Put Spread
Disadvantage
Advantages