The invention relates to the technical field of feed production and processing, in particular to feed for lobsters and a preparation method of the feed. The feed for the lobsters is prepared from components in parts by weight as follows: 15-25 parts of fish meal, 10-20 parts of soybean meal, 3-6 parts of distillers' grains, 3-6 parts of fish oil, 3-6 parts of lard, 8-12 parts of locust powder, 8-12 parts of chicken intestine powder, 3-6 parts of glycine betaine, 5-10 parts of chitin, 3-6 parts of corn stigmas, 5-10 parts of rice roots, 3-6 parts of dried bean milk cream in tight rolls, 1-3 parts of garlic, 1-2 parts of vitamin C, 3-6 parts of shaddock peels, 3-5 parts of isatis roots, 1-3 parts of ginger, 1-3 parts of poria cocos, 1-3 parts of dodder seeds, 1-3 parts of kudzuvine roots and 3-5 parts of hawthorn fruits. The formula is reasonable, the feed can meet requirements of the lobsters in rapid growth and development for nutrition, the death rate of the lobsters is reduced, and the feeding ability of the lobsters is enhanced.