How to Trade Tapestry Ahead of Earnings

The video discusses the outlook for retail stocks during the holiday season, highlighting the mixed performance in the sector and the impact of earnings reports. It emphasizes the importance of analyzing individual stocks rather than broad indices like XRT. The discussion also covers consumer confidence and retail performance, noting Amazon's influence. The video concludes with a focus on Tapestry, formerly Coach, and a trading strategy involving a collar to hedge stock positions.

What strategy is suggested for hedging in the context of Tapestry's stock?

What caution is advised regarding the potential volatility of individual stocks in the retail sector?