NEW TRADE IDEA:
New Master Trader Bull Put Credit Spread on ULTA based on price action below.
8/20: ULTA – Consider shorting Aug (8/24) $232.5/227.5 bull put credit spread (4 DTE) for current mid-point of $.45/share. Breaking out from bullish consolidation on support and retest above r200-MA. Stop Loss: $232.
