Core Strategies: Jade Lizards

As our Core Strategies Series marches on today, we turn our attention to Jade Lizards. A tastytrade original strategy, the Jade Lizard is a unique combination of a Short Put and a Short Call Spread that capitalizes on the <a href="https://ontt.tv/hqKAN">volatility skew in the equity markets</a> in a way that no other strategy can replicate. Furthermore, as long as enough credit is collected on entry, the upside risk in the market can be completely eliminated. Today, Kai and I walk through the foundation of this strategy, as well as how to set one up <a href="https://www.tastytrade.com/tt/shows/149/episodes/56709?utm_campaign=archive&amp;utm_medium=link&amp;utm_source=social-share">on the tastyworks platform</a>.