May. 21 at 5:21 PM
That’s a risky play on the
$LULU $60 2028 calls for
$7300 per contract.
It looks tempting, I checked in on it myself after seeing how beat down the stock has been over the past 2yrs.
Like
$CROX &
$BIRK I’m a consumer and fan on the brand (might be my fav casual brand) but this is not the environment to risk 7 “stacks” on LULU.
On an earlier jog down memory lane re: Z I recalled when Chip came in heavy w/purchases, board fight, etc. & got the stock moving but the present issues will require more than the Founder returning; execution + sustained results will be what analysts look for before changing sentiment in fear of being too early/wrong.
I’m still confused on the funky math over at
$RH (always have been) and as much as I’m licking my chops to own it, now ain’t the time to risk hard earned money on Gary.
His cost basis is like sub
$30 if I remember correctly and this is a LT game of risk.
Pinching pennies just a little bit longer before taking less than 90% conviction plays.
