Playing Lululemon ahead of earnings with a stock substitution options strategy
In late October, we suggested that Lululemon (LULU) was a favorable alternative to Nike, given its low valuation and better revenue trajectory. Since that time, Lulu has materially outperformed. We have a new way to play the stock from here. Sine that initial call, Lulu shares gained about 7% through last Friday, versus a 4% … Read more