Trade Alert: Update
Replacing one of yesterday's trades.
The call spread on Lululemon Athletica (LULU 0.00%↑) from yesterday’s trade hadn’t filled so I canceled it and replaced it with a credit put spread. I updated the post below with the details.
Trade Alert: Earnings, 8/30/2023
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Two of our three trades below include apparel brands. Adding A New Metric Recall that in our previous earnings trade alert, we looked at these six metrics when selecting trades: LikeFolio’s earnings score based on social data. The higher the number, the more bullish, the lower (more negative) the number, the more bearish.
I looked at doing a credit put spread for Oxford Industries (OXM 0.81%↑) too, but the risk-reward on that wasn’t very good, so I’m sticking with the open call spread there. I…
