Options Action: Implied moves ahead of earnings for Broadcom, Lululemon and others

Earnings Season Expectations - Broadcom is implying a move of approximately 6% after its earnings report [1] - Salesforce is implying a move of about 74% after its earnings report [1] - Figma is implying a move of about 87% after its earnings report [1] - Lululemon is implying a move of about 12% after its earnings report [1] Options Trading Opportunities - A potential opportunity exists in Salesforce through selling a cash-covered put [2] - Selling October 10th weekly options, specifically the 225 puts, could yield approximately $355 each [2] - In the event of a stock decline, purchasing the stock at $225 would be below the 52-week low [2] - A more complex strategy involves selling the 285/290 call spread, potentially collecting nearly $5 for the package [3] - Selling the 285/290 call spread provides a standstill rate of return of about 18% [3]