We present the results of an experimental study about strain effects on the core band gap and diameter of spherical bare CdSe core and CdSe/ZnS core/shell quantum dots (QDs) synthesized by using a colloidal technique at varying temperatures. Structural characterizations were made by using X-ray diffraction (XRD) and high-resolution transmission electron microscopy (HRTEM) techniques. Optical characterizations were made by using UV-Vis absorption and fluorescence emission spectroscopies. The XRD analysis suggests that the synthesized bare CdSe core and CdSe/ZnS core/shell QDs have zinc blende crystal structure. HRTEM results indicate that the CdSe core and CdSe/ZnS QDs have average particle sizes about 3.50 nm and 4.84 nm, respectively. Furthermore, compressive strain causes an increase (decrease) in the core band gap (diameter) of spherical CdSe/ZnS core/shell QDs at any temperature. An elastic strain-modified effective mass approximation (EMA) predicts that there is a parabolic decrease (increase) in the core band gap (diameter) of QDs with temperature. The diameter of spherical bare CdSe core and CdSe/ZnS core/shell QDs calculated by using the strain-modified EMA, with core band gap extracted from absorption spectra, are in excellent agreement with the HRTEM data.