Calendar spreads are a great modification of the diagonal option spread strategy. The calendar spread is useful when you are more uncertain about the direction of the market and want to increase the ...

Netflix is one of the top stocks in the market right now and is a member of the IBD 50. But traders who think Netflix stock might consolidate around this level could look at a diagonal put spread ...

Taiwan Semiconductor Diagonal Put Spread Example The trade I’m looking at is selling a July 18 call with a strike price of $240 and buying an August 1 call with a strike price of $245.

The strategy is called a diagonal call spread and it’s an advanced strategy because it utilizes options over different expiration periods and different strike prices.