Bearish flow noted in Lululemon (LULU) with 36,849 puts trading, or 1.4x expected. Most active are Jan-26 350 puts and Jan-26 360 puts, with total volume in those strikes near 13,400 contracts. The Put/Call Ratio is 2.95, while ATM IV is up over 1 point on the day. Earnings are expected on December 11th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LULU:
- Why a Cheap Valuation Cannot Fix Lululemon’s (LULU) Confidence Crisis
- Lululemon’s Stock Rises Amid Strategic Shifts
- Canada’s Lululemon Names New Head of North America as Turnaround Efforts Intensify
- Lululemon Appoints André Maestrini as New President
- Lululemon leadership change a negative, says Jefferies