The Jade Lizard Beat the Strangle in Every Backtest. Liz Dierking Explains Why

Options trading for beginners and beyond: Liz Dierking and Chris Vecchio answer four viewer questions. Why holiday weeks make the market less predictable, not more. Why the jade lizard beat the strangle in 10-year backtests on SPY, IWM, GLD and DIA when skew is normal. Whether the VIX curve flipping to backwardation actually matters for single stocks. And how a strong dollar, rising yields, and repriced oil should shape your options positioning right now. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Holiday weeks: does low volume mean a range? 01:41 Liz: fewer players means wilder, more violent swings 02:00 Chris: watch the calendar, NFP can blow up thin conditions 03:14 The jade lizard: no upside risk but not free money 04:15 Why the jade lizard beat the strangle in 10-year backtests 05:34 Jade lizard needs normal skew, not call skew 06:00 High IV or low IV for premium selling strategies 06:38 VIX curve backwardation: does it translate to stocks? 08:35 Contango all year: using it on single stocks would burn you 10:02 Volatility is part of the picture, not the whole picture 11:04 Cross asset read: strong dollar, rising yields, oil repricing 12:25 Sell premium selectively, define risk, avoid gap risk #tastylive #jadelizard #ironcondor #optionstrading #premiumselling #vix #confirmandsend #lizdierking #definedrisk #tastytrade tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.