Hey partner,
If you read my deep dive on Lululemon and the On Holdings options sleeve to go with it.
You know today is the day to pull the trigger.
Because the timing around Lululemon’s turnaround is filled with uncertainty…
I don’t just want to buy the stock, I would rather create medium-term profits in a high-growth peer like On Holdings.
However,
Exposure, spreads, and which options contract to do this through matters more than the idea.
So, after part 2 of that deep dive…
Here’s how I chose to execute this trade ⬇
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