LULU – Earnings Iron Condor Options Play for Lulu Lemon
Lulu Lemon Iron Condor idea for earnings on 6/3/21 after market close. Buy the 6/18 290 put, Sell the 6/18 295 put, Sell the 6/18 345 call, Buy the 6/18 350 call #hottrades. LULU has earnings tomorrow 6/3/21 after the market close. The Money Vikings entered an Iron Condor 5$ wide collecting 1.68 in premium. As long as stock closes between 295 and 345 by 6/18, We will collect 50% of the premium. #NOTINVESTMENTADVICE
- Buy the 6/18 290 Put
- Sell the 6/18 295 Put
- Sell the 6/18 345 Call
- Buy the 6/18 350 Call
