arrow-left arrow-right brightness-2 chevron-left chevron-right circle-half-full facebook-box facebook loader magnify menu-down rss-box star twitter-box twitter white-balance-sunny window-close
Retail Earnings, ULTA, DLTR, DG expected moves, and ways to play in COST
2 min read

Retail Earnings, ULTA, DLTR, DG expected moves, and ways to play in COST

Retail Earnings, ULTA, DLTR, DG expected moves, and ways to play in COST

Overview

A quick check back in on the expected moves of some retailers into their earnings tomorrow. And some ways to play in Costco depending on views.

Thursday's Retail Earnings and 2 Week Expected Moves

All times eastern, charts via OptionsAI technology.

6:55am - Dollar General / DG

7:30am - Dollar Tree / DLTR

4:00pm - Ulta Beauty / ULTA

4:15pm - Costco / COST

Ways to Play

For those bullish in Costco a price target inline with the expected move for June expiration (about $316) returns these trades:

In this case the defined risk spreads offer an interesting contrast in risk/reward and probability. The call spread is 15 wide, the put spread 12.50, but the probability of profit essentially inverse of each other. For those not bullish one interesting play is to target the big round number of $300, with short call spread offering about 1/1 risk/reward (but starting in the money on the short put so a breakeven is tight, but still above the current stock price):

And finally, fading both the bulls and bears with an iron condor set to the expected move:

See a part of OptionsAI technology with your own price target and demo trades in AAPL HERE

Actionable Insights from the Options Market

Earnings event expected moves
Unusual activity alerts
Spread trade education

Broker Dealer (FINRA Registered)

Built for one-tap spread trading
No chains. No per contract fees.
Powered by OptionsAI technology (Patent Pending)