September 3, 2021 Terry’s Tips Trade Alert - Earnings Eagle Portfolio

We are opening positions in Lululemon Athletica (LULU), which reports earnings next Wednesday, Sep. 8, after the close:

BTO 1 LULU 15Oct21 390 put (LULU211015P390)
STO 1 LULU 10Sep21 385 put (LULU210910P385) for a debit of $8.55 (buying a diagonal)

BTO 1 LULU 15Oct21 370 put (LULU211015P370)
STO 1 LULU 10Sep21 375 put (LULU210910P375) for a debit of $4.05 (buying a diagonal)

BTO 1 LULU 15Oct21 370 put (LULU211015P370)
STO 1 LULU 10Sep21 365 put (LULU210910P365) for a debit of $6.45 (buying a diagonal)

BTO 1 LULU 15Oct21 350 put (LULU211015P350)
STO 1 LULU 10Sep21 355 put (LULU210910P355) for a debit of $3.10 (buying a diagonal)

BTO 1 LULU 15Oct21 390 call (LULU211015C390)
STO 1 LULU 10Sep21 390 call (LULU210910C390) for a debit of $6.25 (buying a calendar)

BTO 1 LULU 15Oct21 400 call (LULU211015C400)
STO 1 LULU 10Sep21 400 call (LULU210910C400) for a debit of $5.95 (buying a calendar)

BTO 1 LULU 15Oct21 410 call (LULU211015C410)
STO 1 LULU 10Sep21 410 call (LULU210910C410) for a debit of $5.25 (buying a calendar)

BTO 1 LULU 15Oct21 420 call (LULU211015C420)
STO 1 LULU 10Sep21 420 call (LULU210910C420) for a debit of $4.35 (buying a calendar)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry