Options Update: How to Play ULTA

The video discusses the market's reaction to the ECB press conference, highlighting a significant drop followed by a recovery. It analyzes Sears' stock performance, noting a bearish trend due to poor earnings and revenue. The retail sector's challenges are examined, with a focus on the holiday season and potential benefits from lower gas prices. The video concludes with a preview of Ulta Salon's earnings, suggesting a trading strategy based on historical performance.

What was the market's reaction to the ECB's decision not to change interest rates?

• There was no reaction at all.

• The market remained stable.

• The market reached new highs.

• There was a significant move lower.

What was a key reason for Sears' stock price drop?

• Increased competition from new retailers.

• A wider quarterly loss and lower revenues.

• A successful earnings report.

• Positive market sentiment.

How did the broader retail sector perform according to the transcript?

• Retailers maintained stable sales figures.

• Retailers had a tough time with sales down.

• Retailers saw a slight improvement in sales.

• Retailers experienced a significant increase in sales.

What is the expected impact of falling crude oil prices on consumer spending?

• It will decrease consumer spending.

• It will have no impact on consumer spending.

• It will increase consumer spending, especially at discount retailers.

• It will only affect luxury retailers.

What is the historical performance of Ulta Salon on earnings day?

• It has shown no significant movement.

• It has rallied six of the past eight quarters.

• It has only rallied once in the past eight quarters.

• It has consistently performed poorly.