Investors show strong interest in Lululemon options with bullish sentiment rising

Financial investors have recently shown strong interest in Lululemon Athletica, with 50% of options traders taking bullish positions. The analysis identified eight unusual trades, including five call options valued at $230,779 and three put options worth $107,600. The price target for Lululemon is estimated to range between $240 and $320. This reflects a shift in investor sentiment, as the volume and open interest in options contracts indicate increased activity and interest in the stock. Currently, Lululemon's stock is trading at $303.85, down 0.32%. Analysts have set an average target price of $314, suggesting a cautious optimism about the company's performance ahead of its next earnings report.