Jade Lizard Trade for 1/19 Expiration

5 Jan

AI Jade Lizard Trade

Call credit spread:
+1 $31 call 1/19
-1 $30 call 1/19

Short put:
-1 $27 put 1/19

Credit: $135

Outcomes @ Expiration:
1) Share price ABOVE $31 = $35 profit (Buy to close call credit spread).
2) Share price BETWEEN $27 - $30 = $135 profit.
3) Share price BELOW $27 = Sell Calls until assignment.