# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=S5-Paft7vxA
- **Gondola URL:** https://gondola.cc/posts/64976681-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/58445a8337.jpg
- **Posted:** 2026-05-05T11:30:06.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

Options trading with a system beats options trading with opinions. Two former floor traders put on the same mechanical SPX trades every single week, a five-day jade lizard and a 45-day iron condor and walk through every decision live.

The jade lizard from Friday hit its 25% GTC target Monday morning. A new four-day is going on today because there's no five-day available. The 45-day iron condor gets rebuilt with a $20 wide structure collecting around $7. The goal is simple: always have one on, take it off at 25% or 50%, keep the same amount at risk every cycle. Two trades, one system, run live every week.

Helpful links:
tastylive: https://www.tastylive.com/
FREE tasytlive Newsletters: https://info.tastylive.com/newsletters
FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 
Follow tastylive on X (Twitter): https://x.com/tastyliveshow

00:00 SPX Jade Lizard GTC Hit Monday Morning at 25%
00:21 Putting on a New Four-Day Jade Lizard - No Five-Day Available
01:15 Jade Lizard Structure: $20 Wide Put, $5 Wide Call at Expected Move
02:25 GTC Set at 25% - Target Around $100 in Two Days
03:05 Why One at a Time Smooths Out Your Delta Exposure
04:15 Building the 45-Day SPX Iron Condor Live
05:20 20 Delta on Both Sides, $20 Wide - Collecting $7
07:00 When the Trade Blows Through the Call Spread: Real Example
08:30 Should You Close at 21 DTE or Leave It On?
09:35 Why Rolling the Put Side Is an Option When Tested
10:00 Final Recap: Two Mechanical SPX Trades, One System

#livetrading #optionstrading #jadelizard #spxoptions #ironcondor #0dteoptionsstrategy #optionsincome #mechanicaloptions #howtotradeoptions #tastylive

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.

## Stats

- **Views:** 509
- **Likes:** 24
- **Shares:** 0
- **Comments:** 2

## Tags

tastylive, optionstrading, livetrading, mechanicaloptions, jadelizard, ironcondor, 0dteoptionsstrategy, optionsincome, howtotradeoptions, spxoptions

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