ULTA

#CoveredCalls #ShortPuts – My one bad position. Assigned stock at 315.00 after it tanked last quarter. Sold covered calls aggressively reducing basis to 287. Finally got caught in the never ending up market. Letting the stock go this week (maybe) at 240 and will resume the recovery with put selling to eventually get the 47 points back.

Sold ULTA FEB 7 2020 267.5 Put @ 3.40