This is the second trade in Lululemon Athletica Stock (LULU) this morning. This trade has a lot more protection.
The collapse of the stock this morning by 20% (so far) is stunning considering earnings from the company. Investors always overreact when it comes to a stock falling. Falling stocks are like snowballs going downhill. They get bigger the lower they fall and drag in more worried investors who rush to sell out. That just keeps the snowball rolling further lower down the hill. It happens to almost all stocks at one time or another.
The trade alert for this second trade provides all the details and further comments.
The rest of this trade alert and ideas article is for FullyInformed Members.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
