JD Jade LizardCall credit spread:
Buy JD $46 Call 1/17/2025
Sell JD $45 Call 1/17/2025
-[SHARE PRICE: $40]-
Short Put:
Sell JD $35 Put 1/17/2025
Limit price: $2.45 (credit to open)
Jade Lizard = Credit from short put (below the price) exceeds the max loss of call credit spread (above the price).
Expiration scenarios:
(1) Share price above $46 @ expy, then profit of $145, (no risk to upside with a 'jade lizard' trade).
(2) Share price between $35-$45 @ expy, then profit of $245.
(4) Share price below $35 @ expy, then assigned to buy 100 shares at an avg cost of $32.55, (likely support, you should be so lucky).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.