LULU – Earnings Iron Condor Options Play for Lulu Lemon – CLOSED FOR 32% ROI in 2 DAYS!

lulu lemon
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

\lulu iron condor

6/4 – Closed this morning for a cool 100$ profit, which exceeded my expectations of just 50% of premium!

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