2024-06-28 CALL at $332.5 Option on Lululemon Athletica
LULU Stock | USD 304.81 4.26 1.38% |
2024-06-28 CALL at $332.5 is a CALL option contract on Lululemon Athletica's common stock with a strick price of 332.5 expiring on 2024-06-28. The contract was last traded on 2024-06-25 at 15:43:19 for $0.07 and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $0.34. The implied volatility as of the 26th of June is 46.63.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Lululemon Stock please use our How to Invest in Lululemon Athletica guide.
Lululemon |
Call options on Lululemon Athletica give the investor right to buy Lululemon Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Lululemon Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Lululemon Athletica's price is above the strike price at expiry, the profit is the current Lululemon Athletica's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-28 Option Contract
The options market is anticipating that Lululemon Athletica will have an average daily up or down price movement of about 2.91% per day over the life of the option. With Lululemon Athletica trading at USD 304.81, that is roughly USD 8.88. If you think that the market is fully understating Lululemon Athletica's daily price movement you should consider buying Lululemon Athletica options at that current volatility level of 46.63%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Lululemon Athletica
An 'Out of The Money' option on Lululemon has a strike price that Lululemon Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Lululemon Athletica's 'Out of The Money' options include buying the options if you expect a big move in Lululemon Athletica's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | 2024-06-28 CALL at $332.5 |
Expires On | 2024-06-28 |
Days Before Expriration | 2 |
Last Traded On | 2024-06-25 15:43:19 |
Contract Period | WEEKLY |
Open Interest | 369 |
Current Trading Volume | 48.0 |
Strike Price | 332.5 |
Last Traded At | 0.07 |
Current Price Spread | 0.05 | 0.34 |
Rule 16 Daily Up or Down | USD8.88 |
Lululemon short CALL Option Greeks
Lululemon Athletica's Option Greeks for the contract ending on 2024-06-28 at a strike price of 332.5 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Lululemon Athletica's option greeks, its implied volatility helps estimate the risk of Lululemon Athletica stock implied by the prices of the options on Lululemon Athletica's stock.
Delta | 0.0183 | |
Gamma | 0.0042 | |
Theta | -0.1204 | |
Vega | 0.0103 | |
Rho | 3.0E-4 |
Lululemon long CALL Option Payoff at expiration
Buying Lululemon Athletica's call option is the simplest of option trades. A call option on Lululemon Stock gives investors the right (but not the obligation) to purchase Lululemon Athletica at the given strike price. Therefore Lululemon Athletica's call intrinsic value or payoff at expiration depends on where the Lululemon Stock price is relative to the call option strike price. The strike price of 332.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Lululemon Athletica's price. Finally, at the break-even point of 332.57, the line crosses zero, and trading Lululemon becomes profitable.
Profit |
Lululemon Athletica Price At Expiration |
Lululemon short CALL Option Payoff at expiration
By selling Lululemon Athletica's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Lululemon Athletica will generally make money when the underlying price goes down. Therefore Lululemon Athletica's call intrinsic value or payoff at expiration depends on where the Lululemon Stock price is relative to the call option strike price. The strike price of 332.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Lululemon Athletica's price. Finally, at the break-even point of 332.57, the line crosses zero, and trading Lululemon becomes disadvantageous with no downside limits.
Profit |
Lululemon Athletica Price At Expiration |
Lululemon Athletica Available Call Options
Lululemon Athletica's option chain is a display of a range of information that helps investors for ways to trade options on Lululemon. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Lululemon. It also shows strike prices and maturity days for a Lululemon Athletica against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-06-28 CALL at $200.0 | 0.9235 | 0.0013 | 2 | 2024-06-28 | 104.65 - 113.4 | 101.0 | In |
Call | 2024-06-28 CALL at $210.0 | 0.9165 | 0.0016 | 0 | 2024-06-28 | 94.7 - 103.4 | 0.0 | In |
Call | 2024-06-28 CALL at $215.0 | 0.9126 | 0.0017 | 0 | 2024-06-28 | 89.7 - 98.4 | 0.0 | In |
Call | 2024-06-28 CALL at $220.0 | 0.9084 | 0.0019 | 0 | 2024-06-28 | 84.7 - 93.4 | 0.0 | In |
Call | 2024-06-28 CALL at $225.0 | 0.904 | 0.002 | 0 | 2024-06-28 | 79.7 - 88.4 | 0.0 | In |
Call | 2024-06-28 CALL at $230.0 | 0.8991 | 0.0022 | 3 | 2024-06-28 | 74.7 - 83.4 | 83.23 | In |
Call | 2024-06-28 CALL at $235.0 | 0.9945 | 5.0E-4 | 0 | 2024-06-28 | 70.0 - 78.4 | 0.0 | In |
Call | 2024-06-28 CALL at $240.0 | 0.8875 | 0.0027 | 2 | 2024-06-28 | 64.7 - 73.45 | 70.4 | In |
Call | 2024-06-28 CALL at $245.0 | 0.8812 | 0.003 | 0 | 2024-06-28 | 59.7 - 68.45 | 0.0 | In |
Call | 2024-06-28 CALL at $250.0 | 0.8742 | 0.0033 | 1 | 2024-06-28 | 54.75 - 63.45 | 102.85 | In |
Call | 2024-06-28 CALL at $255.0 | 0.8664 | 0.0037 | 1 | 2024-06-28 | 49.8 - 58.45 | 53.0 | In |
Call | 2024-06-28 CALL at $260.0 | 0.8577 | 0.0041 | 2 | 2024-06-28 | 44.75 - 53.45 | 55.4 | In |
Call | 2024-06-28 CALL at $265.0 | 0.9994 | 2.0E-4 | 6 | 2024-06-28 | 40.3 - 48.0 | 50.88 | In |
Call | 2024-06-28 CALL at $270.0 | 0.8447 | 0.0054 | 4 | 2024-06-28 | 35.0 - 43.0 | 46.0 | In |
Call | 2024-06-28 CALL at $275.0 | 0.8318 | 0.0062 | 5 | 2024-06-28 | 30.0 - 38.0 | 49.0 | In |
Call | 2024-06-28 CALL at $280.0 | 0.8303 | 0.0074 | 8 | 2024-06-28 | 25.2 - 32.4 | 35.0 | In |
Call | 2024-06-28 CALL at $282.5 | 0.8085 | 0.008 | 0 | 2024-06-28 | 22.55 - 30.45 | 0.0 | In |
Call | 2024-06-28 CALL at $285.0 | 0.7986 | 0.0088 | 4 | 2024-06-28 | 20.05 - 27.95 | 29.2 | In |
Call | 2024-06-28 CALL at $287.5 | 0.7986 | 0.0099 | 0 | 2024-06-28 | 17.55 - 25.0 | 0.0 | In |
Call | 2024-06-28 CALL at $290.0 | 0.8257 | 0.0117 | 6 | 2024-06-28 | 15.15 - 22.55 | 21.28 | In |
Call | 2024-06-28 CALL at $292.5 | 0.769 | 0.0124 | 0 | 2024-06-28 | 12.7 - 20.1 | 0.0 | In |
Call | 2024-06-28 CALL at $295.0 | 0.8117 | 0.016 | 108 | 2024-06-28 | 10.4 - 15.95 | 18.0 | In |
Call | 2024-06-28 CALL at $297.5 | 0.9233 | 0.0171 | 10 | 2024-06-28 | 10.2 - 13.7 | 15.92 | In |
Call | 2024-06-28 CALL at $300.0 | 0.8186 | 0.0253 | 105 | 2024-06-28 | 9.55 - 11.65 | 10.2 | In |
Call | 2024-06-28 CALL at $302.5 | 0.7197 | 0.0281 | 23 | 2024-06-28 | 7.6 - 9.7 | 8.78 | In |
Call | 2024-06-28 CALL at $305.0 | 0.6807 | 0.0388 | 474 | 2024-06-28 | 5.95 - 6.4 | 6.1 | In |
Call | 2024-06-28 CALL at $307.5 | 0.5785 | 0.0431 | 180 | 2024-06-28 | 4.45 - 4.75 | 4.5 | In |
Call | 2024-06-28 CALL at $310.0 | 0.4688 | 0.0441 | 370 | 2024-06-28 | 3.2 - 3.45 | 3.2 | Out |
Call | 2024-06-28 CALL at $312.5 | 0.3639 | 0.041 | 470 | 2024-06-28 | 2.08 - 2.43 | 2.24 | Out |
Call | 2024-06-28 CALL at $315.0 | 0.2665 | 0.0362 | 326 | 2024-06-28 | 1.4 - 1.93 | 1.45 | Out |
Call | 2024-06-28 CALL at $317.5 | 0.1909 | 0.0294 | 204 | 2024-06-28 | 0.85 - 1.08 | 0.96 | Out |
Call | 2024-06-28 CALL at $320.0 | 0.13 | 0.0227 | 1162 | 2024-06-28 | 0.52 - 0.7 | 0.6 | Out |
Call | 2024-06-28 CALL at $322.5 | 0.0897 | 0.0169 | 283 | 2024-06-28 | 0.34 - 0.45 | 0.31 | Out |
Call | 2024-06-28 CALL at $325.0 | 0.0565 | 0.0118 | 805 | 2024-06-28 | 0.2 - 0.34 | 0.23 | Out |
Call | 2024-06-28 CALL at $327.5 | 0.0433 | 0.0089 | 295 | 2024-06-28 | 0.1 - 0.64 | 0.18 | Out |
Call | 2024-06-28 CALL at $330.0 | 0.0278 | 0.0061 | 508 | 2024-06-28 | 0.09 - 0.14 | 0.11 | Out |
Call | 2024-06-28 CALL at $332.5 | 0.0183 | 0.0042 | 369 | 2024-06-28 | 0.05 - 0.34 | 0.07 | Out |
Call | 2024-06-28 CALL at $335.0 | 0.0239 | 0.0045 | 175 | 2024-06-28 | 0.03 - 0.2 | 0.11 | Out |
Call | 2024-06-28 CALL at $337.5 | 0.0122 | 0.0027 | 84 | 2024-06-28 | 0.01 - 2.76 | 0.05 | Out |
Call | 2024-06-28 CALL at $340.0 | 0.0096 | 0.0021 | 520 | 2024-06-28 | 0.02 - 0.06 | 0.01 | Out |
Call | 2024-06-28 CALL at $342.5 | 0.0117 | 0.0022 | 1 | 2024-06-28 | 0.01 - 0.1 | 1.3 | Out |
Call | 2024-06-28 CALL at $345.0 | 0.0086 | 0.0017 | 179 | 2024-06-28 | 0.02 - 0.06 | 0.01 | Out |
Call | 2024-06-28 CALL at $350.0 | 0.0025 | 6.0E-4 | 396 | 2024-06-28 | 0.0 - 0.08 | 0.01 | Out |
Call | 2024-06-28 CALL at $360.0 | 0.0053 | 8.0E-4 | 167 | 2024-06-28 | 0.01 - 0.03 | 0.03 | Out |
Call | 2024-06-28 CALL at $365.0 | 0.002 | 4.0E-4 | 37 | 2024-06-28 | 0.0 - 0.14 | 0.01 | Out |
Call | 2024-06-28 CALL at $370.0 | 0.0059 | 8.0E-4 | 63 | 2024-06-28 | 0.0 - 2.24 | 0.04 | Out |
Call | 2024-06-28 CALL at $375.0 | 0.0031 | 4.0E-4 | 54 | 2024-06-28 | 0.0 - 2.28 | 0.02 | Out |
Call | 2024-06-28 CALL at $380.0 | 0.0127 | 0.0012 | 75 | 2024-06-28 | 0.0 - 0.1 | 0.12 | Out |
Call | 2024-06-28 CALL at $395.0 | 0.0014 | 2.0E-4 | 88 | 2024-06-28 | 0.0 - 0.05 | 0.01 | Out |
Call | 2024-06-28 CALL at $400.0 | 0.0014 | 2.0E-4 | 499 | 2024-06-28 | 0.0 - 0.01 | 0.01 | Out |
Lululemon Athletica Corporate Management
Howard Tubin | Vice Relations | Profile | |
Shannon Higginson | Chief Officer | Profile | |
Susan Gelinas | Chief Officer | Profile | |
Meghan Frank | Chief Officer | Profile |
Additional Tools for Lululemon Stock Analysis
When running Lululemon Athletica's price analysis, check to measure Lululemon Athletica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lululemon Athletica is operating at the current time. Most of Lululemon Athletica's value examination focuses on studying past and present price action to predict the probability of Lululemon Athletica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lululemon Athletica's price. Additionally, you may evaluate how the addition of Lululemon Athletica to your portfolios can decrease your overall portfolio volatility.