Not financial advice. Options involve risk and are not suitable for all investors. Data is delayed up to 15 minutes.
Diagonal Spread Calculator
Time & DiagonalbullishDefined Risk
Buy a longer-dated option and sell a shorter-dated option at a different strike.
What Is a Diagonal Spread?
Buy a longer-dated option and sell a shorter-dated option at a different strike. This strategy has a bullish outlook and defined risk.
Setup
BUY1x ITM1 CALL
SELL1x OTM1 CALL
Max Profit
Depends on time decay, IV, and the short strike
Breakeven
Depends on IV and remaining value of the long option