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Diagonal Spread: How it Works & How to Use it

Balancing directional bias with premium collection isn’t always straightforward, even for the most dedicated options traders. Diagonal spreads stand out as a sophisticated strategy that might allow you to potentially profit from time decay, volatility shifts, and price movement simultaneously. The diagonal spread is a multi-leg options play that blends elements of vertical and calendar […]

by TradeStation | December 3, 2025

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