DIAGONAL BULL CALL SPREAD	SHORT CALL CONDOR SPREAD
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 Call Condor Spread Option Strategy Short Call Condor Spread is the opposite of Long Call Condor Spread i.e. sell 1 Deep ITM Call Option, buy 1 ITM Call Option, buy 1 OTM Call Option, sell 1 Deep OTM Call Option. Similar to Long Call Condor, the risk and rewards associated with this strategy are limited. Credit is received at the time of entering into this strategy. Read more..

DIAGONAL BULL CALL SPREAD Vs SHORT CALL CONDOR SPREAD - Details

	DIAGONAL BULL CALL SPREAD	SHORT CALL CONDOR SPREAD
Market View	Bullish	Volatile
Type (CE/PE)	CE (Call Option)	CE (Call Option)
Number Of Positions	2	4
Strategy Level	Beginners	Advance
Reward Profile	Limited	Limited
Risk Profile	Limited	Limited
Breakeven Point		Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium

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

	DIAGONAL BULL CALL SPREAD	SHORT CALL CONDOR SPREAD
Market View	Bullish	Volatile
When to use?		This strategy is used when an investor expect the price of the underlying stock to be very volatile.
Action	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call	Buy ITM Call Option + Buy OTM Call Option + Sell Deep OTM Call Option + Sell Deep ITM Call Option
Breakeven Point		Lower Breakeven = Lower Strike Price + Net Premium, Upper breakeven = Higher Strike Price - Net Premium

DIAGONAL BULL CALL SPREAD Vs SHORT CALL CONDOR SPREAD - Risk & Reward

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

DIAGONAL BULL CALL SPREAD Vs SHORT CALL CONDOR SPREAD - Strategy Pros & Cons

	DIAGONAL BULL CALL SPREAD	SHORT CALL CONDOR SPREAD
Similar Strategies	Bull Put Spread	Short Strangle
Disadvantage		• Amount of profit is low in comparison with other strategies. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages		• This strategy allows you to profit from highly volatile underlying assets moving in any direction. • Earn profit with little or no investment. • Wider profit zone.