Added to YB: 2026-07-20
Pitch date: 2026-07-17
LITE [bullish]
Lumentum Holdings Inc.
Author Info
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Company Info
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Market Cap
$54.9B
Pitch Price
N/A
Price Target
1.1K
Dividend
N/A
EV/EBITDA
105.48
P/E
134.26
EV/Sales
22.14
Sector
Communications Equipment
Category
growth
Show full summary:
LITE Work
LITE (sold puts): Sold 800 Sep-2026 $540 puts @$42.50; breakeven $497.50 (29% cushion, 23% OTM). ~66% expire-worthless odds on rich 103% IV. Short-vol paid-to-wait trade. Rev +69% YoY, AI optical play, 19 buys/24 analysts, $1,100 median target, Nvidia $6.5B photonics tailwind. Risk: Aug 11 ER could gap 20-30%.
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