Mixed options sentiment in Lululemon (LULU), with shares up $7.04, or 2.96%, near $244.62. Options volume roughly in line with average with 51k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 1.1. Implied volatility (IV30) dropped 1.06 near 35.0,in the bottom quartile of the past year, suggesting an expected daily move of $5.39. Put-call skew flattened, suggesting a modestly bullish tone.
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