CINDYTAN
08-07

😊
@CutieYolkYolk：
$LULU DIAGONAL 250822/250815 CALL 210.0/CALL 220.0$ LULU continue to drop for the 4th week in a row and it's down 66% from its all time high. The old covered call of $220 strike premium is almost depleted so decided to roll down to $210 strike to capture a bit more of the downside. Still losing money on the long call but then it's the decision I had made so I'm going to walk it to the end. Earnings on Aug 28 so maybe still can sell 1 more round before it's due and also possible at higher premium with increased volatility closer to earnings.
$LULU DIAGONAL 250822/250815 CALL 210.0/CALL 220.0$ LULU continue to drop for the 4th week in a row and it's down 66% from its all time high. The old covered call of $220 strike premium is almost depleted so decided to roll down to $210 strike to capture a bit more of the downside. Still losing money on the long call but then it's the decision I had made so I'm going to walk it to the end. Earnings on Aug 28 so maybe still can sell 1 more round before it's due and also possible at higher premium with increased volatility closer to earnings.

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