Added to YB: 2026-07-20
Pitch date: 2026-07-17
LITE [bullish]
Lumentum Holdings Inc.
+13.93%
current return
Author Info
No bio for this author
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
$82.1B
Pitch Price
$764.13
Price Target
1.1K (+26%)
Dividend
N/A
EV/EBITDA
97.04
P/E
-9.96
EV/Sales
26.87
Sector
Communications Equipment
Category
growth
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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