15jan update $LULU diagonal spread, short put, credit put spreads

15Jan update  a good winner and a roll for this.. stay with me here. put your helmet on.. 10jan had:

Jan17 opex 210/225 credit put spreads (2)
sold additional 225 short put for credit
short 230 call as part of diagonal

stock took off and is 9+ higher to 243ish. so I closed the 210/225 puts and the naked 225put for 90+% of the max profit. closed at $2.80 vs $3.20credit received(see below). was going to hold this position letting it decay until I made an adjustment to the 230short call, that was this week. got a roll to the Feb7opex and up to $232.50 for 0.00.

yes its still underwater but I gained a few more weeks for zero cost and on a pullback sets me up to sell either naked puts (below 232.50 ideally) or possibly credit put spreads. a pullback to near 232 area is preferred actually. would like to roll the short call up and out for credit. New position is:

Long DITM 2022 call
Short Feb 7 232.50
profits of $2.80 on the puts 

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10jan - thought I blogged it last month but guess not. touched on it quickly on another LULU entry.
I have a diagonal spread going for LULU, buy a Jan2022 DITM call and sell a front month upside short call for premium. entered on 19 Dec with stock near 219.

sold the Jan 230 call for $4.90

felt pretty good about it, going out a month, nearly $5 in premium, stock 10+ away from the short call strike. so now on 10 jan the stock is at 234ish and with 14days to go till opex. ideally stock pulls back near 230 so I can roll up and out to the Feb opex. whenever the stock is above my short call I always look to add cash secured put lower which makes it essentially a strangle. I had a trade this week at the 225put for a 35% win.

This week I added:

$LULU sold some Jan-17-20 222.5/210 Put Vertical @ 0.9 Limit for credit , 222.50 at 16delta ... goes with the Jan17 230 short call 2lot on the 210/225.50 credit put spread....see again at opex the stock cant be above my 230 call strike AND below the 225.50 put strike. so if I hold to expiration one of these will be at max profit. my thesis is bullish anyway so I sold ANOTHER short 225.50 cash secured put for $1.35

Total credit collected (.90x2 and $1.35) is $3.20.

Strategy is pretty straight forward, gain some time decay (25-50% of max profit) off that $3.20 and then roll the short call once there is under 75cents of time decay left (extrinsic value)