zach6667

zach6667

NYSE:RBLX 'Jade Lizard' Trade (expires JUST before earnings) Call Credit Spread: +1 $44 call 5/3 -1 $43 call 5/3 Short Put: -1 $37 put 5/3 Credit received: $253 Outcomes @ Expiration: 1) If share price is above $44, then $153 profit (close call credit spread for $100). 2) If share price is between $37 and $43, then $253 profit achieved (via credit...

zach6667

NYSE:SHOP Jade Lizard Trade +1 $83 call 4/5 -1 $82 call 4/5 -{current share price $76.24}- -1 $70 put 4/5 ~$230 credit. OUTCOMES : 1) If, @ expiration, share price is > $83, then PROFIT = ~$130, (buy to close credit spread). 2) If, @ expiration, share price is between $70 - $82, then MAX PROFIT = ~$230. 3) If, @ expiration, share price is < $70, then...

zach6667

Top 10 Holdings (50.17% of Total Assets) EXAS Exact Sciences Corporation CRISPR Therapeutics AG Twist Bioscience Corporation Recursion Pharmaceuticals, Inc. Ionis Pharmaceuticals, Inc. Teladoc Health, Inc. Pacific Biosciences of California, Inc. Schrödinger, Inc. Accolade, Inc. Ginkgo Bioworks Holdings, Inc.

zach6667

NYSE:RBLX 'Jade Lizard' Trade Call Credit Spread: +1 $47 call 2/9 -1 $46 call 2/9 Short Put: -1 $38 put 2/9 Credit received: $190 Outcomes @ Expiration: 1) If share price is above $47, then $90 profit (close call credit spread for $100). 2) If share price is between $38 and $47, then $190 profit (credit received). 3) If share price is below $38, then I...

zach6667

Based on the amount of premium involved I am expecting assignment! But happy to own and sell calls for the foreseeable future. NASDAQ:COIN Short Put Prior to Earnings -1 $110 put 2/16 Credit = $455 Breakeven = $105.45 (20% fall from current sp). 35 days to expiration. (Earnings 2/20/24)

zach6667

NYSE: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.

zach6667 Updated 

NYSE:AI Jade Lizard Trade Call credit spread: +1 $35 call 12/22 -1 $34 call 12/22 Short put: -1 $25 put 12/22 Credit: ~$155 Outcomes @ Expiration: 1) Share price ABOVZE $35 = $55 profit (BTO CCS). 2) Share price BETWEEN $25 - $34 = $155 profit. 3) Share price BELOW $25 = Sell Calls until assignment.

zach6667

Call Credit Spread: Buy ABNB $150 Call 10/20 Sell ABNB $148 Call 10/20 Approx credit: $75 Max Loss: $125 risk:reward 1.6:1

zach6667

NASDAQ:VFS Very bearish Call Credit Spread. Based on the expectation of a huge drop between now and expiration on 9/15. +1 $55 call 9/15 -1 $50 call 9/15 Credit received: $475 If the share price is NOT below $50 on 9/15 I will have to buy to close for approx. $500 (plus maybe a couple more bucks to get the order fill). Another risk is the short strike could...

zach6667 Updated 

$PINS 'JADE LIZARD' One neutral/ bullish strategy is a 'Jade Lizard', which is combining a short put with a call credit spread. The idea is that the premium credit from the short put is sufficient to cover the max loss of the call credit spread. And in doing so, the jade lizard setup has no risk to the upside. One thing that is nice about the jade lizard,...

zach6667 Updated 

TESLA earnings. I'm certainly not trading this. But it's interesting to see how much wiggle room can be found with volatility to see where the sweet spot is as far as getting a sufficient credit while simultaneously trying to be as far away from the current price as possible. These short strikes allow the price to move +/- 13% in the next four trading days. This...

zach6667 Updated 

BUY $52 Call 8/25 SELL $51 Call 8/25 -- -- SELL $37 Put 8/25 Credit $1.79 'Jade Lizard' trade, which is a call credit spread plus a short put such that that credit from the short put more than covers the max loss from the call credit spread. Hence no risk to the upside. This does go through earnings but the 'allowable' moves are pretty chunky (+/-20%). I will try...

zach6667

Credit TBD ~$150 - $250. Collateral $500. Order Summary: BUY $510 Call 8/25 SELL $505 Call 8/25 --{current share price: $480}-- SELL $460 Put 8/25 BUY $455 Put 8/25

zach6667

$GM Short Put Trade. 32 days till expiration. -1 $32 Put 4/21 Approx. credit $100. Collateral $3,200. BE = $3,100.

zach6667

Jade Lizard trade idea. $47 Call 3/24 $46 Call 3/24 $36 Put 3/24 Total Credit $141 Credit from short put will cover the max loss of call credit spread, (hence, no risk to upside. Just reduced profit if price goes up to infinity).

zach6667

Iron Condor Trade Idea +1 $36 call 3/17 -1 $35 call 3/17 --{share price: $30.59}-- -1 $25 put 3/17 +1 $24 put 3/17 Credit TBD ($20 - $24). Collateral $100. 4:1 risk:reward

zach6667

$PINS 'JADE LIZARD' Pinterest has been great for iron condors the last six months as it has been ranging between $20 and $27. A similar neutral strategy is a 'Jade Lizard', which is combining a short put with a call credit spread. The idea is that the premium credit from the short put needs to be sufficient to cover the max loss of the call credit spread. And in...

zach6667

A 'Jade Lizard' trade involves selling a short put and call credit spread such that the premium of the short put covers the max loss of the call credit spread (and then some). The result is no risk to upside. COIN is down 87% (!!) on the year. I'm not convinced enough to take this trade just yet but will decide in the next couple days. The timeframe is 30 days...