ULTA
6/16 450P traded 5000x on Friday 5/12... ULTA 200 day moving average = 465. A break below that support level will cause a bearish trend with the potential to retreat to 435. The 23.6% fib retracement is ~ 450. There is not much support below 450.
ULTA
6/16 450P traded 5000x on Friday 5/12... ULTA 200 day moving average = 465. A break below that support level will cause a bearish trend with the potential to retreat to 435. The 23.6% fib retracement is ~ 450. There is not much support below 450.