Diagonal Spreads
What It Is
A long-term option + a short-term weekly option. The "bridge" between spreads and covered calls.
Risk Level
🟡 Medium
Capital Required
$150–$800
Ideal for $1k–$5k
When to Use
- Slightly directional
- Stable tickers
- When learning more advanced option Greeks
Progression Fit
Bridge strategy to covered calls and PMCC.