Front Ratio Put Spread

Neutral to Slightly Bearish Outlook & High Volatility Directional Assumption:  Neutral to Slightly Bearish Setup: – Buy an ATM or OTM put option– Sell two further OTM put options at a lower strike Timeline: 45 days Ideal Implied Volatility Environment:  50% or greater. Profit Target: 25% – 50% of the Read more…

Short Put Vertical Spread

Bullish Outlook & High Volatility Directional Assumption: Bullish Setup:– Sell OTM Put (closer to ATM)– Buy OTM Put (further away from ATM) Timeline:- 30-45 days Ideal Implied Volatility Environment: When IV is high, I want to sell vertical spreads hoping for an IV contraction. IV should be higher than 50. Max Profit: Credit Read more…

PZZA – Jade Lizard

Open Trade 3/23/20 3:48:09pm Trade PZZA Sold 1 PZZA 04/17/20 Call 55.00 @ 5.14 $514.00 3/23/20 3:48:09pm Trade PZZA Sold 1 PZZA 04/17/20 Put 50.00 @ 4.11 $411.00 3/23/20 3:48:09pm Trade PZZA Bought 1 PZZA 04/17/20 Call 60.00 @ 3.25 ($325.00)