Our Lululemon Athletica (LULU) and Peloton Interactive (PTON) put spreads are on track to expire worthless.
We will sell new spreads soon to continue to work down our net debits on the positions.
LULU Jun Monthly (6/18) 315/305 Put Spread
Current Stock Price: $345.64
Net Debit: $3.08
Action: Watch spread expire worthless
PTON Jun Monthly (6/18) 95/85 Put Spread
Current Stock Price: $108.17
Net Debit: $6.41 (Note that the net debit was incorrectly listed as $5.41 in the previous alert.)
Action: Watch spread expire worthless