Pre-earnings options volume in Lululemon is 2.3x normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 5.3%, or $24.53, after results are released. Median move over the past eight quarters is 8.1%.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LULU:
- Options Volatility and Implied Earnings Moves Today, December 07, 2023
- Lululemon (NASDAQ:LULU) Slides after Analyst Downgrade
- Lululemon downgraded, Datadog initiated: Wall Street’s top analyst calls
- Lululemon price target raised by $55 at Evercore ISI, here’s why
- Lululemon downgraded to Outperform at Raymond James after recent stock rally