INVITATION: GYP Office Hours — The Bullish Jade Lizard
Thursday, May 14 🕕 6:00 PM Eastern · 5:00 PM Central · 3:00 PM Pacific
Hi GYP Member,
The market keeps grinding higher. Volatility is compressed. You want to sell premium — but you also want to stay aligned with the trend.
What if there was a strategy that lets you do both — collect premium AND eliminate upside risk?
That’s exactly what we’re breaking down live this Wednesday.
🗓 Thursday, May 14 🕕 6:00 PM Eastern · 5:00 PM Central · 3:00 PM Pacific
The Focus: The Bullish Jade Lizard
The Jade Lizard is one of the most capital-efficient premium selling strategies in options trading. Designed for neutral-to-bullish market conditions, the strategy combines a short put spread with a short call in a way that can eliminate upside risk if structured correctly.
But here’s the twist — in this session, we’re adapting the classic Jade Lizard into a Bullish Jade Lizard to match the current market environment. Same foundation, different emphasis.
We’ll break down:
✔️ How the Jade Lizard works — the mechanics, leg by leg, and why the structure is so capital-efficient
✔️ Why many professional premium sellers use it — and why retail traders almost never do
✔️ Strike selection and delta considerations — where to place each leg relative to current price, and how delta targets change based on market regime
✔️ How implied volatility impacts the setup — when the Jade Lizard is rich and when it’s thin, and what that means for your entry
✔️ Managing winners, losers, and adjustments — the mechanical playbook for each scenario
✔️ When to choose a Jade Lizard over strangles, spreads, or naked puts — the decision tree that tells you which tool fits which tape
✔️ The Bullish variation — how we’re tilting the structure to match a market that keeps making new highs without giving up the core risk-management benefits
If you’ve ever wanted a strategy that can generate premium while defining risk more intelligently in volatile markets, this is a session you won’t want to miss.
Then: Your Questions
We’ll break down questions submitted by members in detail — not just the what, but the why behind every decision.
If time allows, we’ll open it up for live Q&A at the end.
