ULTA is in a strong bullish run, but I am worried about a pullback. I am using an interesting trade to try and control the risks. The Ratio Back Spread is a combination of an aggressive
IWM has shifted up, giving us the opportunity to close the Put side of this trade. We will be looking for the opportunity to add a new IWM Bull Put if the market drops a bit.
EEM is the emerging
WDC has been in a strong bullish push for nearly a year. Over
SLB has been sliding down since the beginning of the year. It also has a moderately strong amount of IV in its options. This presents itself as an excellent target for a Bear Call spread.