Jade Lizard vs. Big Lizard Strategy
ฝัง
- เผยแพร่เมื่อ 10 ก.ย. 2024
- Subscribe to our Second Channel: @tastylivetrending
Check out more options and trading videos at www.tastylive.com!
======== tastylive.com ========
tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we’ll help you take your trading to the next level, whether you are new to trading or a seasoned veteran.
Follow us on Twitter: tastyliveshow
Check out our Instagram: tastyliveshow
tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure(www.theocc.com...) and the Futures and Exchange Traded Options Risk Disclosure Statement(assets.tastywo....
Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.
tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.
tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with tastylive whereby tastytrade pays compensation to tastylive to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of tastylive by tastytrade. tastytrade and tastylive are separate, but affiliated, entities with their own products and services. tastylive is the direct parent company of tastytrade.
Hi Mike, there are 2 concerns that I have. Firstly, For Big Lizard, the straddle is sold first before buying the call later to define the upside risk. Can I choose buy the call first and sell the straddle later, any difference in the sequence? Secondly, for credit call spread (part of big and jade lizard), would I still face dividend risk from the short call or would the long call offset the short call upon expiry? Thank you.
Is this effective to add on to a a challenged naked put ( underlying hits strike or goes to BE of naked put or well past) in conjunction to rolling out the Naked Put or rolling out and down the naked put side.
You certainly could to add more premium to the trade - just ensure that if you're adding a short call spread, your net credit is higher than the width of the call spread to ensure no risk to the upside.
Don't understand why people use Jade Lizards which requires huge buying powers with unlimited downside risk not have a simple iron condor. Where is the benefit?
WHY would you use this strategy vs. others? Directional bias? Did I miss it in the video?
Directional bias to the upside, or just to remove risk from the upside, which is achieved through the jade lizard and big lizard when credit is more than width of call spread.
@Humble Grumble more profit and exposure to the greeks withouts going completely naked.
You could “almost “call this a directionally biased Iron condor with a missing wing.
Lets call it A broken condor.
Max Loss is infinite for Jade Lizard, you need to put stop loss
risk to reward kinds sucks no?
H ......yeah, it's like you risk $810 to make $80 and some change! But, selling short and collecting premium at 68-80% chances of winning tips these option strategies in our favour.
Only if you consider the max loss a real possibility.
i like it as component of wheel strategy
These strategies are for people who actually don't mind owning the actual shares. This is a nice twist on the wheel strategy where people sell naked puts. That max loss is not a likely scenario since it implies the share price going to 0