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Post by panthersfan1234 on Jun 25, 2013 13:08:03 GMT
Looking at Stetchy PantsWhile I am still defending a pre-earnings play with $LULU and will be sitting this one out, I like the remaining post-earnings volatility in $LULU. ] I expect the implied volatility to drop to the low 30s in the next couple of weeks and price to hang out in the 60s (obviously these are only my assumptions and could certainly be completely wrong). Two Strategies to Consider1. Sell AUG 55P/65C/67.5C Jade Lizard for ~$2.25 2. Sell AUG 55/60/65/67.5 Broken wing fly/ iron condor for ~$2.48 As always, these are not trade recommendations and any trading decisions you make should fit your current portfolio.
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