### Comment:
For a diagonal, say a stock is at $100. Buy a call with an expiry at end of month with strike of $100. Then sell a $105 strike call with expiry at end of week. If you get assigned, you can exercise the $100 call to buy the 100 shares at $100, and then sell at $105.

### REPLY:
Can you use Amazon earnings as a real example.  How would a diagonal have worked?  Buy 1800 monthly (exp 12/6) and sell an 1850 weekly (exp 11/8)? 
  
 If the limit price is say $28.10 than your max loss is $2810?  Risk of assignment?  Max gain?

### END.