Lowe's (LOW) reports earnings May 18 before market open. The stock has been under huge pressure at the $185 support level, so I don't think it will take much to get some traction on the stock, says Tim Biggam. Tim's trade is selling a call calendar option on Lowe's. He likes using the weekly options with defined risk on earnings trades. He says he can re-hedge next week if necessary. Tune in for the full explanation.
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