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).
$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).