SPY Jade Lizard

#JadeLizards – Trying something as an experiment. With the big run up the put side of the lizard is doing great. I’m closing it leaving enough premium in the overall position to still eliminate upside risk. There is now three weeks left so I’ll be looking for a decent pullback to sell the put side again.

Bought to Close SPY AUG 19 2022 370.0 Put @ .50

This leaves the 385/390 call spread @ 5.70