Pulling Premium From ULTA Options Before December Earnings

ULTA trades at 531.08.News shows positive growth in beauty stocks.

Here is the put write: SELL -1 ULTA 26 Dec 25 500.0 PUT Contract @15.33 LMT

If the stock closes above 500 on expiration, then I keep the premium.

If the stock closes below 500 on expiration, then I keep the premium and get assigned 100 shares at 500, putting cost basis at 484.67.

Trade stats show win rate none, number of trades none, IV 46.24, delta -0.3, theta -0.64, and max return percentage 3.07.

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