Jade Lizard Calculator
Search a symbol to visualize the potential profit and loss for a jade lizard option strategy.
What is a jade lizard?
BullishLimited ProfitNearly Unlimited Loss
A slightly bullish strategy combining an out-of-the-money short put and out-of-the-money bear call spread. When created properly, this strategy has no upside risk. It is best suited for oversold stocks with high implied volatility.
- Sell a put at strike A
- Sell a call at strike B
- Buy a call at strike C