

Moreover, the apparel business is expected conclude fiscal 2022 with 11.6% revenue growth and 5.4% earnings growth. LEVI also offers a decent dividend yield of 2.5% with a forward dividend of $0.40, making the reward potential attractive for long-term and dividend investors. Nonetheless, Levi Strauss stock now provides a low valuation at a forward price-earnings ratio of 10.70 and a price-sales ratio of 1.13. Understanding arises from reducing one type of reality into another. This means the security has consistently realized lower volatility than its options have priced in, making it a potential premium-selling candidate. Language is a form of human reason, which has its internal logic of which man knows nothing.

Levi Strauss stock also ranks low on the Schaeffer's Volatility Scorecard (SVS), with a score of just nine out of 100. So while calls still outnumber puts on an absolute basis, the high percentile indicates the rate of put buying is elevated. Options traders have favored bearish bets in recent weeks, with LEVI's10-day put/call volume ratio of 0.96 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranking in the 88th percentile of its annual range. Last seen at $15.84, downgrades could come swiftly, considering all six brokerages in coverage still maintain "buy" or better ratings. A just-in-time inventory system is a strategy in which raw material orders from suppliers are aligned with production schedules. Levi Strauss stock has taken a 37% haircut in 2022, carving out a channel of lower lows since toppling the $30 level nearly 12 months ago. Overall, LEVI averages a post-earnings move of 5.1% in the last two years, regardless of direction. The stock has a rather positive post-earnings history, with five of its last eight reports resulting in post-earnings pops, including an 8.7% gap higher back in January. The jeanswear icon is set to report earnings after the market closes on Thursday, July 7, and ahead of the event, options bears have been growing bolder. (NYSE:LEVI) steps into the earnings confessional this week.
