The market goes against you. Your stop loss triggers. Then the market comes back and what would have been a winner becomes a realized loss. That is what the data keeps showing for short-term SPX jade lizards. Seven-day jade lizards across multiple spread width combinations and profit target levels. Stop losses lower your average P&L and increase your time in the trade without making the position safer. The expected move placement consistently outperforms tighter placements. And 25% profit targets get you out faster with results close enough to larger targets that the speed is worth it. Helpful links: tastylive: tastylive.com Get Tom's pre-market analysis every morning: tastylive.com/newsletters FREE Options Strategy Guide: tinyurl.com/bp9ms763 Follow tastylive on X: x.com/tastyliveshow CHAPTERS: 00:00 Jade Lizards in SPX: Short-Term Version 01:19 Long Delta by Default: The Dynamic That Changes 02:00 When the Market Keeps Ripping Higher 03:24 Profit Targ...