Whales with a lot of money to spend have taken a noticeably bearish stance on Lululemon Athletica.
Looking at options history for Lululemon Athletica LULU we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $339,847 and 21, calls, for a total amount of $1,008,158.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $195.0 to $550.0 for Lululemon Athletica over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Lululemon Athletica's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Lululemon Athletica's whale activity within a strike price range from $195.0 to $550.0 in the last 30 days.
Lululemon Athletica Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LULU | CALL | TRADE | BULLISH | 07/18/25 | $176.0 | $168.0 | $175.0 | $200.00 | $175.0K | 0 | 0 |
| LULU | PUT | SWEEP | BEARISH | 01/16/26 | $40.25 | $38.15 | $40.25 | $320.00 | $117.2K | 140 | 46 |
| LULU | CALL | TRADE | BEARISH | 01/17/25 | $42.55 | $42.45 | $42.45 | $370.00 | $106.1K | 240 | 40 |
| LULU | CALL | SWEEP | BEARISH | 05/24/24 | $22.5 | $20.3 | $22.5 | $335.00 | $90.0K | 3 | 0 |
| LULU | PUT | TRADE | BULLISH | 01/17/25 | $44.85 | $44.65 | $44.65 | $370.00 | $62.5K | 583 | 14 |
About Lululemon Athletica
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 700 company-owned stores in about 20 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Current Position of Lululemon Athletica
- Trading volume stands at 664,755, with LULU's price up by 1.0%, positioned at $354.31.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 27 days.
Professional Analyst Ratings for Lululemon Athletica
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $411.0.
- Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Lululemon Athletica, targeting a price of $470.
- An analyst from Baird persists with their Outperform rating on Lululemon Athletica, maintaining a target price of $505.
- An analyst from Oppenheimer has revised its rating downward to Outperform, adjusting the price target to $445.
- An analyst from Jefferies persists with their Underperform rating on Lululemon Athletica, maintaining a target price of $240.
- Reflecting concerns, an analyst from Barclays lowers its rating to Equal-Weight with a new price target of $395.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Lululemon Athletica with Benzinga Pro for real-time alerts.
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