What the Options Market Tells Us About Lululemon Athletica

Comments
Loading...

Financial giants have made a conspicuous bullish move on Lululemon Athletica. Our analysis of options history for Lululemon Athletica LULU revealed 13 unusual trades.

Delving into the details, we found 76% of traders were bullish, while 23% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $431,085, and 3 were calls, valued at $106,735.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $330.0 to $390.0 for Lululemon Athletica during the past quarter.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Lululemon Athletica's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Lululemon Athletica's substantial trades, within a strike price spectrum from $330.0 to $390.0 over the preceding 30 days.

Lululemon Athletica Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
LULU PUT SWEEP BULLISH 01/17/25 $25.15 $23.7 $23.7 $390.00 $94.8K 947 101
LULU PUT TRADE BULLISH 01/17/25 $24.45 $23.8 $23.8 $390.00 $47.6K 947 41
LULU PUT TRADE BULLISH 01/17/25 $24.7 $23.8 $23.8 $390.00 $47.6K 947 21
LULU PUT TRADE BULLISH 01/17/25 $24.15 $23.7 $23.7 $390.00 $47.4K 947 61
LULU CALL TRADE BULLISH 12/27/24 $41.8 $38.2 $41.8 $330.00 $45.9K 30 12

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.

Having examined the options trading patterns of Lululemon Athletica, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of Lululemon Athletica

  • Trading volume stands at 552,375, with LULU's price up by 0.79%, positioned at $375.0.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 91 days.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Lululemon Athletica options trades with real-time alerts from Benzinga Pro.

Overview Rating:
Good
62.5%
Technicals Analysis
100
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!