Every one of the 300 stores has to sell about $20K a day for the entire quarter to make the numbers they said they would. Plus they have to give a good outlook. That's why LULU is considered a growth company.
That's a lot of yoga wear people have to buy from LULU not to mention all the competition from the other brands out there. Plus the fact that very few men would wear this stuff.
This seems to me like the blackberry v. apple battle, we saw what happend to BBRY ($145 $10).
Puts all the way to $40 over the coming months.
KORS traded up AH like a dollar higher than the high of the day, the evening before earnings. Meaningless.
This looks like a piggie to me. Better hope the piggie doesn't miss
We will all find out tomorrow. You will be very disappointed to see your puts expire worthless.
Sentiment: Strong Buy
LULU up in after hour trading. Sold some $60 puts for June 12 got a nice premium. Will see tomorrow whether they pay off!
I would have already popped up by now, but it's going down and probably go to $37. Look at KORS, URBN, TGT, M, RL, they are were down and pretty badly. The graph tells the story it self. One main reason that I think it would go down is that Cramer owns this stock and he really wanted say good things about the stock, but you can see his face that the stock would go down.
Sentiment: Strong Sell
I asked around...3/5 people didn't even know what Lulu was. One said it was just too expensive, and the other one was not too excited to buy their stuff. I too based my decision based on my own thoughts about the present situation. It might do good in the long run but hoping it doesn't tomorrow.
more like 500% as my average px was $27 and it went to $160! got margined out when it hit $22!
timing is everything. sometimes you can't hold.
What if it pops to $68? What will happen to your puts? I am new to options and have no option position, just trying to learn.