Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
Investors with a lot of money to spend have taken a bearish stance on Lululemon Athletica (NASDAQ:LULU).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LULU, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 11 uncommon options trades for Lululemon Athletica.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 54%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $291,622, and 5 are calls, for a total amount of $224,878.
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $220.0 to $370.0 for Lululemon Athletica over the recent three months.
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 $220.0 to $370.0 in the last 30 days.
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 | $27.0 | $26.35 | $27.0 | $230.00 | $99.9K | 462 | 37 |
LULU | CALL | SWEEP | BULLISH | 12/20/24 | $42.6 | $42.0 | $42.39 | $220.00 | $84.7K | 46 | 38 |
LULU | PUT | SWEEP | BEARISH | 08/16/24 | $2.04 | $2.03 | $2.04 | $230.00 | $51.0K | 700 | 264 |
LULU | CALL | SWEEP | NEUTRAL | 12/18/26 | $47.25 | $44.4 | $46.31 | $300.00 | $50.7K | 58 | 11 |
LULU | PUT | TRADE | BEARISH | 12/20/24 | $82.65 | $81.6 | $82.65 | $320.00 | $41.3K | 530 | 5 |
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
5 market experts have recently issued ratings for this stock, with a consensus target price of $330.8.
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.
Posted In: LULU