6480/3240 ULTA Mar 160/170 calls went up in two blocks on the ARCA. ??

ULTA

Shares of Ulta Salon, Cosmetics and Fragrances Inc (ULTA) are up 1.65 today to 160.43.? ULTA is near the middle of the 52 week range.

  • Paper traded 6480/3240 ULTA Mar 160/170 calls for 7.50 over 2.85.
  • ?The ADV is 4138 contracts.?
  • ?The open interest is 1250 and 1526 contacts.

The volume went up in two blocks on the ARCA. ??Total volume is huge going into earnings after the close.? The ratio trader wants to buy 1 and sell 2 looking for a move between 161 and 179.? Anything in that range should perform well.? The trade is slightly bullish and short earning volatility.

  • IV 30 is trading for 50%.?
  • HV10 is trading for 25%.?
  • IV 30 is above the HV 10.

Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20,000 prestige and mass beauty products.