STRATEGY EXPLAINER · 2:36
Jade Lizard Strategy Explainer Video
A Jade Lizard combines a short put with a Bear Call Spread. The trader collects a premium and normally chooses a total credit greater than the call spread width. This can remove expiration loss on a large rise, but leaves substantial exposure to a falling stock.
Research multi-leg option trades
Explore multi-leg option trades on Market Chameleon alongside your own analysis.
Full screening features may require a paid subscription. Market data is delayed.
