Read Why Jefferies Downgraded This Athletic Apparel Retailer


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • Jefferies analyst Randal Konik downgraded Lululemon Athletica Inc (NASDAQ:LULU) to Underperform from Hold and reduced the price target to $200 from $375, implying a 29% downside.
  • Konik sees risks to Lululemon's consensus estimates amidst rising competition and macroeconomic volatility.
  • The analyst also said there is likely risk to Lululemon's sky-high sales per square foot.
  • Price Action: LULU shares are trading lower by 3.37% at $283.51 on the last check Monday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: Analyst ColorNewsDowngradesPrice TargetAnalyst RatingsApparel, Accessories & Luxury GoodsBriefsConsumer Discretionary