Do not think there will be a positive close in LULU today!
They are giving guidance for 1st quarter as 28-30 cents when the consensus was for 40. That is not a 17% drop. It is 25% or more. There were a lot of calls purchased three or 4 days ago. If it was some big money maybe they try to run the stock up a bit to get out with a smaller loss. They were April calls so their value will diminish quickly if there is a big drop. We will see what they do.