How Prosper Trading Academy CEO Bauer Is Trading Lululemon

The video discusses the market volatility in 2018, focusing on the 200-day moving average and its role as resistance. It highlights the unpredictability of the market, with no clear patterns emerging. The VIX index is examined, noting its failure to spike despite significant market moves. The Iron Condor trading strategy is explained, emphasizing its risk-defined nature and potential profitability within a specific range. The discussion concludes with insights into the current VIX levels and the new market norms, reflecting ongoing uncertainty and risk.

What range does the speaker expect Lululemon to stay within for the trade to be successful?

What does the speaker imply about the uncertainty in the marketplace?