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Reallifetrading
Jan 11, 2016 7:28 PM

LULU weekly bull put spread 

lululemon athletica inc.NASDAQ

Description

we tried a bullish swing on LULU not too long ago. Lost 1R on it. Still feeling like the edge is more bullish than bearish though. Weekly bull put spread 50/49 is .10 limit. I wouldn't even look at spread unless LULU closes below 52.62
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