Trade Closed – LULU put spread

Stock / Symbol: LuLuLemon Athlettica / LULU
Option Strategy: put spread

Trade entry date: Jun 2
Price at trade entry: $87.75

Trade exit date: Jun 7
Price at trade close: $82.58

Update: trade closed at net credit of $2.45 per contract

Max Risk: $158
Max Reward: $340 or 112% by Jun 17th
Profit Range: $0 - $83.30
Max Profit at: $0 - $80
Realized Profit: $87 or 55% (before commissions) in just 4 trading days!

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