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Insightful Analysis of Lululemon Athletica (NASDAQ:LULU) Options Trading Trends Insightful Analysis of Lululemon Athletica (NASDAQ:LULU) Options Trading Trends

Deep-pocketed investors have adopted a bearish 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 9 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 0% leaning bullish and 100% bearish. Among these notable options, 4 are puts, totaling $194,470, and 5 are calls, amounting to $1,228,918.

Implications of Whale Activity

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $350.0 to $470.0 for Lululemon Athletica during the past quarter.

Understanding Volume & Open Interest Trends

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 $350.0 to $470.0 in the last 30 days.

Significant Options Trades Detected

SymbolPUT/CALLTrade TypeSentimentExp. DateStrike PriceTotal Trade PriceOpen InterestVolume
LULUCALLSWEEPBEARISH01/17/25$380.00$721.6K22061
LULUCALLSWEEPBEARISH01/17/25$380.00$367.3K22094
LULUPUTTRADEBEARISH06/21/24$400.00$69.1K76354
LULUPUTSWEEPBEARISH06/20/25$350.00$66.7K168
LULUCALLSWEEPNEUTRAL02/16/24$465.00$56.8K421339

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 680 company-owned stores in 19 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.

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After a thorough review of the options trading surrounding Lululemon Athletica, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Lululemon Athletica’s Current Market Status

  • With a trading volume of 222,667, the price of LULU is up by 0.02%, reaching $456.3.
  • Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
  • Next earnings report is scheduled for 41 days from now.

Professional Analyst Ratings for Lululemon Athletica

2 market experts have recently issued ratings for this stock, with a consensus target price of $457.5.

  • In a cautious move, an analyst from HSBC downgraded its rating to Hold, setting a price target of $500.
  • Reflecting concerns, an analyst from Exane BNP Paribas lowers its rating to Underperform with a new price target of $415.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Lululemon Athletica, Benzinga Pro gives you real-time options trades alerts.