#JadeLizards – On the slight bounce at the open added some hedges. Selling ITM bear call spreads against short puts. There is slight upside risk in one but both trades combined have no upside risk. Nice downside protection though.
Sold SPY FEB 18 2022 410.0/430.0 Bear Call Spread @ 14.75
Now Feb 430/410/430 Inverted Jade Lizard? @ 18.35
Sold SPY MAR 18 2022 400.0/415.0 Bear Call Spread @ 11.75
Now Mar 415/400/415 Inverted Jade Lizard @ 16.80