LONG CALL CONDOR SPREAD	DIAGONAL BULL CALL SPREAD
About Strategy	Long Call Condor Spread Option Strategy  This strategy is implemented when a trader is bearish on the volatility and expects the market to move sideways. Using Call Options of the same expiry date, he will buy one Deep ITM Call Option, sell 1 ITM Call Option, sell 1 OTM Call Option, buy 1 Deep OTM Call Option. The risk and reward both are limited due to offsetting of long and short positions. For t 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 CALL CONDOR SPREAD Vs DIAGONAL BULL CALL SPREAD - Details

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

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

	LONG CALL CONDOR SPREAD	DIAGONAL BULL CALL SPREAD
Market View	Neutral	Bullish
When to use?	This strategy works well when you expect the price of the underlying asset to be range bound in the coming days.
Action	Buy Deep ITM Call Option, Buy Deep OTM Call Option, Sell ITM Call Option, Sell OTM Call Option	Buy 1 Long-Term ITM Call Sell 1 Near-Term OTM Call
Breakeven Point	Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium

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

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

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

	LONG CALL CONDOR SPREAD	DIAGONAL BULL CALL SPREAD
Similar Strategies	Long Put Butterfly, Short Call Condor, Short Strangle	Bull Put Spread
Disadvantage	• Amount of profit is comparatively low. • As this strategy has 4 legs so the brokerage cost is higher that will affect your profit.
Advantages	• Capable to generate profit even if there is low volatility in the market. • This strategy is associated with limited risk and limited profit. • Wider profit zone.