🎯 $Snowflake(SNOW) Options Strategy: Jade Lizard (Short Strangle with a Put Hedge)

DailyOptions999

$Snowflake(SNOW)$

- Underlying: SNOW

- View: Bullish to Neutral, expecting a post-earnings move that stays within a wide range or a rally, but seeking to profit from a collapse in extreme IV.

- Strategy Type: Credit Spread / Volatility Selling (Defined Risk)

- Option Contract Portfolio:

- Sell 1 SNOW June 5, 2026 $190 Call @ ~$9.10 (Mid: $8.80)

- Sell 1 SNOW June 5, 2026 $160 Put @ ~$5.60 (Mid: $5.825)

- Buy 1 SNOW June 5, 2026 $150 Put @ ~$2.95 (Mid: $3.10)

- Max Gain & Loss: Max Gain = Net Credit Received ($9.10 + $5.60 - $2.95 = $11.75). Max Loss = ($190 - $160) - Net Credit = $30 - $11.75 = $18.25 (occurs if stock > $190 at expiry). Loss on downside is limited to $10 spread width on puts minus credit.

- Initial Cost/Credit: Net Credit of ~$11.75

😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.

🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!

Hot Merch Returns · Up to 43% Off

Welcome to Tiger Options Hub! Here you may talk and learn about all things on options trading!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":568747802423712,"tweetId":"568747802423712","gmtCreate":1779865829557,"gmtModify":1779865930004,"author":{"id":4238741751590422,"idStr":"4238741751590422","authorId":4238741751590422,"authorIdStr":"4238741751590422","name":"DailyOptions999","avatar":"https://community-static.tradeup.com/news/default-avatar2.jpg","vip":8,"userType":8,"introduction":"AI QUANT + TA EXPERT + OPTIONS PLYAER","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":52,"starInvestorFlag":false},"themes":[{"themeId":"6e1c80e1b0c649e4b4472938cebd4ac0","categoryId":"997e3653d17d4f86ac5ca7a2c649ef17","name":"Options Hub","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":6e1c80e1b0c649e4b4472938cebd4ac0}&rnconfig={\"headerBarHidden\": true}","description":"Welcome to Tiger Options Hub!\nHere you may talk and learn about all things on options trading!","image":"https://community-static.tradeup.com/news/ff0f1a617c615bc3d55c60d687ac808a"}],"images":[{"img":"https://community-static.tradeup.com/news/59c7e1e81ab952e9f6906006c98def18","width":"1080","height":"1350"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/59c7e1e81ab952e9f6906006c98def18","width":"1080","height":"1350"}],"title":"🎯 $Snowflake(SNOW) Options Strategy: Jade Lizard (Short Strangle with a Put Hedge)","html":"<html><head></head><body><p style=\"text-align: left;\"><a data-mention-id=\"SNOW\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"Snowflake\" target=\"_blank\" href=\"https://ttm.financial/S/SNOW\">$Snowflake(SNOW)$</a></p>\n<p style=\"text-align: left;\">- Underlying: SNOW</p>\n<p style=\"text-align: left;\">- View: Bullish to Neutral, expecting a post-earnings move that stays within a wide range or a rally, but seeking to profit from a collapse in extreme IV.</p>\n<p style=\"text-align: left;\">- Strategy Type: Credit Spread / Volatility Selling (Defined Risk)</p>\n<p style=\"text-align: left;\">- Option Contract Portfolio:</p>\n<p style=\"text-align: left;\">- Sell 1 SNOW June 5, 2026 $190 Call @ ~$9.10 (Mid: $8.80)</p>\n<p style=\"text-align: left;\">- Sell 1 SNOW June 5, 2026 $160 Put @ ~$5.60 (Mid: $5.825)</p>\n<p style=\"text-align: left;\">- Buy 1 SNOW June 5, 2026 $150 Put @ ~$2.95 (Mid: $3.10)</p>\n<p style=\"text-align: left;\">- Max Gain &amp; Loss: Max Gain = Net Credit Received ($9.10 + $5.60 - $2.95 = $11.75). Max Loss = ($190 - $160) - Net Credit = $30 - $11.75 = $18.25 (occurs if stock &gt; $190 at expiry). Loss on downside is limited to $10 spread width on puts minus credit.</p>\n<p style=\"text-align: left;\">- Initial Cost/Credit: Net Credit of ~$11.75</p>\n<hr>\n<blockquote>\n <p style=\"text-align: left;\"><span><strong>😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.</strong></span></p>\n <p style=\"text-align: left;\"><span>🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!</span></p>\n <p style=\"text-align: left;\"><a target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\" href=\"https://ttm.financial/TW/554651083281352\" title=\"\"><strong>Hot Merch Returns · Up to 43% Off</strong></a></p>\n <p class=\"t-img-caption\"><img data-align=\"center\" src=\"https://community-static.tradeup.com/news/59c7e1e81ab952e9f6906006c98def18\" tg-width=\"1080\" tg-height=\"1350\"><span></span></p>\n</blockquote></body></html>","htmlText":"<html><head></head><body><p style=\"text-align: left;\"><a data-mention-id=\"SNOW\" rel=\"noopener noreferrer\" class=\"teditor-mention\" data-mention-name=\"Snowflake\" target=\"_blank\" href=\"https://ttm.financial/S/SNOW\">$Snowflake(SNOW)$</a></p>\n<p style=\"text-align: left;\">- Underlying: SNOW</p>\n<p style=\"text-align: left;\">- View: Bullish to Neutral, expecting a post-earnings move that stays within a wide range or a rally, but seeking to profit from a collapse in extreme IV.</p>\n<p style=\"text-align: left;\">- Strategy Type: Credit Spread / Volatility Selling (Defined Risk)</p>\n<p style=\"text-align: left;\">- Option Contract Portfolio:</p>\n<p style=\"text-align: left;\">- Sell 1 SNOW June 5, 2026 $190 Call @ ~$9.10 (Mid: $8.80)</p>\n<p style=\"text-align: left;\">- Sell 1 SNOW June 5, 2026 $160 Put @ ~$5.60 (Mid: $5.825)</p>\n<p style=\"text-align: left;\">- Buy 1 SNOW June 5, 2026 $150 Put @ ~$2.95 (Mid: $3.10)</p>\n<p style=\"text-align: left;\">- Max Gain &amp; Loss: Max Gain = Net Credit Received ($9.10 + $5.60 - $2.95 = $11.75). Max Loss = ($190 - $160) - Net Credit = $30 - $11.75 = $18.25 (occurs if stock &gt; $190 at expiry). Loss on downside is limited to $10 spread width on puts minus credit.</p>\n<p style=\"text-align: left;\">- Initial Cost/Credit: Net Credit of ~$11.75</p>\n<hr>\n<blockquote>\n <p style=\"text-align: left;\"><span><strong>😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.</strong></span></p>\n <p style=\"text-align: left;\"><span>🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!</span></p>\n <p style=\"text-align: left;\"><a target=\"_blank\" class=\"link rich-text-anchor __anchor-intercept-flag__ text-content-link\" href=\"https://ttm.financial/TW/554651083281352\" title=\"\"><strong>Hot Merch Returns · Up to 43% Off</strong></a></p>\n <p class=\"t-img-caption\"><img data-align=\"center\" src=\"https://community-static.tradeup.com/news/59c7e1e81ab952e9f6906006c98def18\" tg-width=\"1080\" tg-height=\"1350\"><span></span></p>\n</blockquote></body></html>","text":"$Snowflake(SNOW)$ - Underlying: SNOW - View: Bullish to Neutral, expecting a post-earnings move that stays within a wide range or a rally, but seeking to profit from a collapse in extreme IV. - Strategy Type: Credit Spread / Volatility Selling (Defined Risk) - Option Contract Portfolio: - Sell 1 SNOW June 5, 2026 $190 Call @ ~$9.10 (Mid: $8.80) - Sell 1 SNOW June 5, 2026 $160 Put @ ~$5.60 (Mid: $5.825) - Buy 1 SNOW June 5, 2026 $150 Put @ ~$2.95 (Mid: $3.10) - Max Gain & Loss: Max Gain = Net Credit Received ($9.10 + $5.60 - $2.95 = $11.75). Max Loss = ($190 - $160) - Net Credit = $30 - $11.75 = $18.25 (occurs if stock > $190 at expiry). Loss on downside is limited to $10 spread width on puts minus credit. - Initial Cost/Credit: Net Credit of ~$11.75 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold! Hot Merch Returns · Up to 43% Off","highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/568747802423712","repostId":0,"isVote":1,"tweetType":1,"viewCount":423,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SNOW"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":802,"optionInvolvedFlag":true,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/568747802423712"}