This LULU Stock Option Trade Offers A High Return On Risk.

Lululemon Athletica, a Canadian athletic apparel company, has seen significant growth in its stock price in 2023. Investors are considering a bull call spread strategy to take advantage of further momentum while limiting risk. This strategy involves buying a call option and selling a call option at a higher strike price with the same expiration. By doing this, investors can potentially achieve a high return on risk if Lululemon's stock continues to rise. However, it is important to note that options trading carries risks, and investors can lose their entire investment. [Extracted from the article]

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