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Market Mindset

LULU Earnings

Market Mindset

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

Mike & Nick explore earnings in LULU, and explain why they prefer the JAN cycle over the weekly cycle, unless they're going with a broken wing butterfly. They check out a 2x earnings expected move strangle in JAN but it turns out to be too expensive, so they land on a put broken wing butterfly in the weekly cycle.

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