Lululemon Athletica Whale Trades For September 23 – Lululemon Athletica (NASDAQ:LULU)

Someone with a lot of money to spend has taken a bullish stance on Lululemon Athletica LULU.

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don’t know. But when something this big happens with LULU, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga’s options scanner spotted 12 uncommon options trades for Lululemon Athletica.

This isn’t normal.

The overall sentiment of these big-money traders is split between 58% bullish and 41%, bearish.

Out of all of the special options we uncovered, 10 are puts, for a total amount of $367,824, and 2 are calls, for a total amount of $59,438.

What’s The Price Target?

Taking into account the Volume and Open Interest on…

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