Options Update: How to Play Lululemon

The transcript discusses market trends in the US and Europe, focusing on light trading volumes and the impact of oil prices. It highlights concerns about China's economic influence, particularly on Yum Brands, and explores investment strategies for Lululemon stocks. The discussion includes potential market movements, the effect of oil prices on the Santa Claus rally, and specific stock trading strategies.

What was the main reason for the selling of energy shares according to the discussion?

• To increase market volume

• To offset gains in other sectors

• To offset losses from energy shares

• To capitalize on high oil prices

What is the psychological trigger point for oil prices that could lead to a wave of selling?

• $60 per barrel

• $70 per barrel

• $55 per barrel

• $65 per barrel

How does the options market view Yum Brands following the chicken scare?

• Optimistic

• Neutral

• Bearish

• Bullish

What is the expected resistance point for Lululemon's stock according to the analysis?

• $53.5

• $57

• $60

• $50

What strategy is suggested for trading Lululemon's stock?

• Short at $57

• Buy and hold

• Sell at $50

• Buy at $60