Ever wondered where that one good play is? That one gamble you‘d throw your whole life savings at? Well you sick apes if you listened to me last friday your calls would be already worth +30% . https://www.reddit.com/r/wallstreetbets/s/vYojHVvnHl
So here‘s why I YOLOed my whole life savings into long term LULU calls (exp JUN07):
The market overreacted after the last earnings report, causing the stock to crash. Historically, the stock is now significantly undervalued. And looking at the chart, LULU has only dipped deeply below $300 ONCE, back in 2020. For the past four years, it has ALWAYS rebounded quickly from the $300 level, making this a prime buying opportunity for you apes.
LULU also has a solid financial health, a strong market position, and high-profit margins. Their new products hit stores in May, which bodes well for the next earnings report. Regarding the product officer who left a few days ago: yes he left but that won't impact next week's earnings, not even Q2 but it will have effects in 2025. There’s no way this stock won’t go up after pricing in the worst of the worst
TLDR: LULU‘s weakness is overstated. They have great fundamentals, solid financial health, consistently beat estimates, and after the market's overreaction last time, the stock is poised to rebound. 🚀🚀🚀🚀🚀
Position: 28k worth 72 350C for JUN07 balls deep already 11k gain printed. I‘ll post the screenshot below.
Why LULU is set to rebound 🚀
byu/schweinekuchen_ inwallstreetbets
Posted by schweinekuchen_
46 Comments
https://preview.redd.it/hri1anz5t64d1.jpeg?width=1170&format=pjpg&auto=webp&s=fe2b51cc1681d6792c93701236ab9feeb93eb3f4
I agree with you overall, but I think you’re crazy to have that much conviction
Hold through earnings let me know how that goes.
Godspeed – touching retail during this time feels risky as hell but hope you make tendies.
Never try and catch a falling knife.
https://preview.redd.it/hc3rthfaw64d1.png?width=792&format=png&auto=webp&s=300d61c0d01eb67be9f63aefbfc1f4399ebd08e7
You had me until you wrote “looking at the chart”
When OP uses the word “balls deep” , you know its gun be guud.
Good luck !
You had me at pork
PUT it is ![img](emote|t5_2th52|4258)
Not enough rocket emojis in the title, buying puts
I just want a good exit position for my $LULU so I can throw more money at Jensen.
“Long term”. Expire in 5 days. Classic WSB 🤡
I don’t know, their quality has been deteriorating and Beckys have been moving on to Vuori and Alo. LULU also has been showing signs of fast fashion which is a bad sign.
Athletic wear industry in general has been bearish. What makes them stand out from that macro rut?
Stopped reading when you described June 7th calls as long term. Get a grip, homie
In what world is something expiring in 5 days a long term call?
“Long term LULU calls”… They’re June 7th, you mad lad
Lotta regards calling out the long-dated calls that expire Friday. This sub wouldn’t know satire if it came down and slept with their blow-up girlfriend
Remindme! 7 days to check out 400-440 September calls.
I also believe their sales in China will take off even more and it’s not been priced in yet, they’ve shown incredible growth and I’ve seen some TikTok videos of them there.
https://preview.redd.it/dgcaqtjk974d1.jpeg?width=1179&format=pjpg&auto=webp&s=0da6cd3ae845466f1ef05b23c02079c17b3bd182
Right there with you! Never doubt the resilience of BECKY stocks. LULU is way oversold.
There are a lot of contradictory market reactions to the softer guidance provided by so many retail companies in the last 4-5 months.
PVH, LULU fell, but RL rose. So will be interesting how this plays out. LULU has got most of the bad news out with their CPO leaving, so let’s see how this plays out.
If PVH does well on Tuesday, then LULU might get a similar reaction.
This is the 5th post about LULU in a few days with everyone buying CALLS. I bought some shares a few days ago at 299, and you people are going to make this drill into the earth’s core. I thought they were going to beat and guide higher, but WSB is like the kiss of death.
Wait their earnings is in 5 days?
I thought they already did one like a month ago?
If it follows ANF earnings trend then you’ll be set
Regards! This guy lives in Switzerland and there are no LULU stores in Switzerland, and beyond that he posted how he blew up his 160k chf account to 20k chf. So…
But in grand scheme of things, the 22-27 year old chicks I have been banging lately are once again buying lulu pants. So I would also open a bullish play. Best bullish play is to sell puts baby!!!
I bought a shit ton of shares at like $298. Even if it crashes after earnings, I’m holding. For the 🍑
This is scary in so many ways. The cpo that left was sun choe, a woman who single handily fixed the women’s see through pants issue. The post refers to a “him” which she may very well have changed her gender. Calls on your Wendy’s dumpster.
I started building my position last week. 350, 340, 360 calls. GAP, foot locker, dicks, Burlington, all crushed their earnings. Lulu has a stronger brand recognition than all of them combined.
Didn’t you loose like 120k?
https://preview.redd.it/4voyca2cz74d1.jpeg?width=500&format=pjpg&auto=webp&s=0bb1ce81c1e84f27e07849a45e1b1214ff42442a
https://preview.redd.it/3xwn26o6084d1.jpeg?width=1290&format=pjpg&auto=webp&s=0a13fb2fa66aed9762c5adfa995f3758e567f26e
My current position
wtf I still don’t get it what is this LULU company selling fucking pants?
They discontinued the commission pants and asses look better in Alo yogapants. Puts
Agreed, salesforce and dell primed as well
This is some high octane wsb content. Besides the fact that the market doesn’t care about imaginary limits like 300$, or OP’s life savings, this degenerate will sell a course if this coin flip on his 10k$ trust fund gives him head. Tails and we get another “I don’t know what to do with my life anymore”. Either way while you 5-day-long-term-options regards are messing with my blood pressure I’m happy to see WSB returning to its roots.
Fuck I was gonna buy calls tm, guess I’m getting puts now
WAIT!!! Is this the DELL guy from earlier this week!!?? Amazing Buying Opportunity.. Extremely Undervalued before Earnings ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Soon as Lulu stops letting people steal, I’ll be bullish.
I judge Lulu stock performance by how often my wife buys it, and this year she has not been buying it much. Combined with the high clothing prices and inflation continuing to rise, I don’t have much faith in it over the short term (1-2 years).
Not likely things are only going to get worse
good DD i’ll be buying puts
As was last earnings report: Beat on EPS and revenue. Poor forward guidance. A slowdown in discretionary spending has hit the apparel space particularly hard. Stock Falls from $478/s to $388/s.
This might sound regarded but he just might be right. I’m joining lmao
Yea yea yea was the same shit with dell. Thank you but no
Asked my gf if her friends still buy LULU sweats, they moved on to ALO. [This is another thread of LULU sellers](https://www.reddit.com/r/BehindTheClosetDoor/comments/1ble9el/lululemon_demand_has_gone_way_down_im_shocked/) saying interest has gone down. If Im getting calls I’d do it closer to the holidays so puts it is this week
https://preview.redd.it/3if2sorrqa4d1.png?width=1018&format=png&auto=webp&s=9af0ea77e06deb98a5d07b22089bd1534e404d38
fuck this shit im in