'Jade Lizard' Trade Idea for January 2025 ExpirationNASDAQ:JD Jade Lizard
Call credit spread :
Buy JD $46 Call 1/17/2025
Sell JD $45 Call 1/17/2025
- -
Short Pu t:
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).