TradingView
TopgOptions
Aug 21, 2023 12:52 PM

ULTA Beauty Options Ahead of Earnings Long

Ulta Beauty, Inc.NASDAQ

Description

If you haven`t sold ULTA`s Double Top Bearish Chart Pattern here:

or the previous earnings signal:


Then analyzing the options chain and the chart patterns of ULTA Beauty prior to the earnings report this week,
I would consider purchasing the 455usd strike price Calls with
an expiration date of 2023-8-25,
for a premium of approximately $14.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.




More