Lululemon reported mixed Q1 results, with bearish sentiment indicated by unusual options activity.

From Barchart: 2024-06-06 13:00:02

Lululemon’s Q1 2024 results were a mixed bag, with the company reporting after market close on Wednesday. Unusual options activity points to potential bearish sentiment, with a bear put spread strategy being considered for Thursday trading. Stay tuned for more updates as the market reacts to this news.



Read more at Barchart: Lululemon’s Unusual Options Activity Screams Bear Put Spread