Neutral Strategy
Double Diagonal Calculator
Calculate returns for double diagonal spreads. Combines put and call diagonals for a neutral strategy.
NeutralLimited RiskLimited Reward
A double diagonal combines a put diagonal spread with a call diagonal spread. You buy longer-term options at outer strikes and sell shorter-term options at inner strikes. Profits from time decay and range-bound movement.
Stock Details
Current price: $100.00
Put Diagonal (Lower)
Call Diagonal (Upper)
Payoff at ExpirationStock Price vs Profit/Loss
Current: $100.00
Breakeven: $91.00, $109.00
Max Profit
$800.00
Max Loss
$400.00
Trade Summary
Net Debit$400.00
Max Profit$800.00
Max Loss$400.00
Breakevens$91.00, $109.00
Related Calculators
Track Your Complex Trades
Import your multi-leg trades and analyze performance with detailed analytics.
Get Started Free