Lulu drop 2% today, can sell csp strike @ 270, 41dte dec20/24, delta -0.159, iv 47.5%, Annualised Return 19.12%.
Lulu is a leading sport wear fashion company well-known throughout the world. All the gym fitness and yoga women loves this brand 😃. Take note of assignment risk if drop below 270 at expiry, 270 x 100 shares. I did get assign 100 shares at 290 a few months back, my cost was 280 after minus my 1k premium.
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