Why It Might Be Time to Shop Lululemon

The video discusses the current market environment, highlighting record highs in major indices and the implications of low implied correlation. It then shifts focus to Lululemon, analyzing its stock performance, challenges, and future prospects. The video concludes with trading strategies for Lululemon, including call spreads and collars, to manage potential risks and leverage opportunities.

Discuss the significance of the bullish uptrend observed in Lululemon's stock chart.

What strategies are suggested for managing potential risks in Lululemon's upcoming earnings report?