Ulta Beauty Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Ulta Beauty (NASDAQ: ULTA), with 90% of detected unusual options trades being bearish. Whales have been targeting a price range of $330 to $540 for Ulta Beauty over the last 3 months. The stock is currently down 4.2% at $492.04, with RSI indicators suggesting it may be approaching oversold.

May 19, 2023 | 3:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Ulta Beauty has seen a significant bearish stance in unusual options trades, with the stock down 4.2% at $492.04. RSI indicators suggest it may be approaching oversold.
The article highlights a significant bearish stance in unusual options trades for Ulta Beauty, with 90% of detected trades being bearish. This indicates that investors are expecting the stock price to decline in the short term. Additionally, the stock is currently down 4.2% at $492.04, and RSI indicators suggest it may be approaching oversold territory, which could lead to further downward pressure on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100