70/72.50 57.50/55 Iron Condor expiring in Aug. .30 limit I will not even LOOK at the bull put spread unless LULU closes below the 200 sma. I will not even look at the BCS portion unless LULU closes above 68.51 Some may already be in the bcs - if you are, just leg into the bull put spread.
70 / 71 July week 5 Bear call spread .10 limit It appears LULU is in a channel. I will not even look at this spread unless LULU closes above 68.51 7/8/15
Very bullish gap on LULU. SOlid volume. We will take a gander at this later to see if we can have a nice, tight entry.
$LULU is holding its 6 month support and fired off with a nice 3% day. earnings are next week....keep an eye on it, could go either way.
Nice retest gap on the daily. It is retesting.
Trend is bullish. EMA's look nice. WE had a bullish entry a while ago anyway. Updated and adjusted trigger for protective put.
Bouncing off the 20 ema nicely. Good prior bullish volume and gaps.
Looks like this worked. TOday will be a retest gap.