Deep-pocketed investors have adopted a bullish approach towards Lululemon Athletica LULU, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LULU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Lululemon Athletica. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 40% bearish. Among these notable options, 4 are puts, totaling $509,953, and 6 are calls, amounting to $363,283.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $260.0 and $440.0 for Lululemon Athletica, spanning the last three months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Lululemon Athletica options trades today is 486.25 with a total volume of 784.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Lululemon Athletica's big money trades within a strike price range of $260.0 to $440.0 over the last 30 days.
Lululemon Athletica 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LULU | PUT | TRADE | BEARISH | 03/21/25 | $55.0 | $52.85 | $55.0 | $440.00 | $363.0K | 74 | 66 |
| LULU | CALL | TRADE | BULLISH | 12/18/26 | $174.15 | $174.05 | $174.15 | $260.00 | $104.4K | 221 | 6 |
| LULU | CALL | TRADE | NEUTRAL | 01/17/25 | $62.25 | $57.8 | $59.63 | $340.00 | $89.4K | 1.3K | 15 |
| LULU | CALL | SWEEP | BULLISH | 01/17/25 | $57.75 | $56.55 | $57.75 | $340.00 | $63.5K | 1.3K | 30 |
| LULU | PUT | SWEEP | BEARISH | 12/20/24 | $9.5 | $9.15 | $9.5 | $400.00 | $57.0K | 1.0K | 83 |
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.
Present Market Standing of Lululemon Athletica
- With a trading volume of 208,502, the price of LULU is down by -1.72%, reaching $392.88.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 98 days from now.
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