Lowe’s (LOW) is rallying but Scott Bauer is not buying it. He joined Schwab Network to walk through the technical picture and why it has him fading the move. He also breaks down a bearish iron condor he put in place to take advantage of elevated post-earnings volatility in the options chain.
Scott covers:
- Why he does not trust the rally in LOW despite its recent rally
- How he structured a bearish iron condor to cap his risk
- Why volatility is still elevated enough to sell even after earnings
- His read on the rotation out of tech and into consumer staples



