If you haven't noticed, there was a MASSIVE breakout in Lululemon's stock:
This chart goes all the way back to 2009. The stock had attempted to clear 80 a few times now, and with the most recent earnings breakout, it was a swift move to 100 per share.
There is a very specific setup I love to trade, and it's right after a stock has seen a strong earnings move.
See, what tends to happen is that the stock will "drift" higher, and then have some kind of reversion or pullback.
There's other moving parts, yet this is an incredibly low stress, high odds setup.
At IncomeLab, each trade entry, adjustment, and exit comes with a video explaining the trade, the risks, the rewards, and how to execute on the trade.
I've made the entire LULU trade available to you so you can see how a winning income calendar trade can play out.
Trade #1: Entering the Calendar Trade - April 17th, 2018
Trade #2: Adding to the Trade - April 25th, 2018
Closing the Trade: May 4th, 2018
Closing out the trade for a profit.