when you hedge with the call,you need to under hedge like 2 put to 1 call. also when earning is coming,volatility will not go down.
to me、if it when down $5. break even is a win. I'm still under water for LULU earning play.
when you hedge with the call,you need to under hedge like 2 put to 1 call. also when earning is coming,volatility will not go down.
to me、if it when down $5. break even is a win. I'm still under water for LULU earning play.
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