Ulta Salon (ULTA) weekly option implied volatility elevated into EPS
Ulta Salon (NASDAQ: ULTA) December weekly call option implied volatility is at 126, December is at 49, January is at 37; compared to its 52-week range of 24 to 50 into the expected release of EPS after the close on December 6. December weekly 290 straddle priced for a move of 7.5%. Call put ratio 1.6 calls to 1 put with focus on December weekly 295 and 300 calls.
