$LULU - Iron Condor and My thoughts Earnings

Another day at Lulu another Iron Condor

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Build Another Iron condor centered 380.

Double risk, wider spread.

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One more centered at 360

Should cover 350-390 price point. 3 tight irons.

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360 and 370 IC will be profitable. The 380 however will not be. So Net you should be profitable in this trade

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Managing the 380, it seems like a doom. But with 2 IC turning profits. Its just takes half of the profit to close the whole thing. I am going to give it until 2:30.