1. Home
  2. Options
  3. ULTA Options

Consumer Discretionary · Consumer

ULTA Implied Volatility, IV Rank & Options Chain

Ulta Beauty Inc. (ULTA) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Ulta Beauty Inc.

Updated Reference data

Live tools open on the AAPL demo for visitors. ULTA unlocks with the 7-day free trial.

On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

ULTA options trade with implied volatility typically in the 22% - 55% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

ULTA implied volatility

As of 2026-09-01

As of 2026-09-01, ULTA's 30-day implied volatility is 33.2%, placing its 1-year IV percentile at 48.0 — above 48.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.

33.2%30-day IV
48.01-year IV rank

ULTA live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live ULTA chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

Create a free account No card. Every module on AAPL first.

ULTA options at a glance

Daily volume
N/A
IV range
22% - 55%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
22% - 55%IV Range
$18B+Market Cap
YesWeeklies

About Ulta Beauty Inc. (ULTA)

Ulta Beauty is the largest U.S. specialty beauty retailer, offering cosmetics, skincare, fragrance, and salon services. Its loyalty program has over 40 million active members.

Company profile

Sector
Consumer Discretionary
Industry
Specialty Retail
Market cap
$18B+
Exchange
NASDAQ

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
See company page
Fiscal year end
January

Ulta Beauty Inc. operates in the Consumer Discretionary sector.

ULTA options market overview

ULTA options provide good liquidity for options traders.

Average daily volume
N/A
Total open interest
N/A
Put/call ratio
N/A
Typical ATM spread
N/A
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Good

ULTA options are available for trading across multiple expirations.

ULTA implied volatility and IV rank

ULTA implied volatility reflects consumer spending trends and competitive dynamics. IV patterns are influenced by earnings, sales data, and consumer sentiment.

22% - 30%Low IV, below average
30% - 46%Typical, normal conditions
46% - 55%Elevated, above average

Earnings impact

IV typically expands before earnings and contracts after the announcement.

The post-earnings volatility drop is known as IV crush. Holders of short ULTA options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

ULTA IV generally trades near historical volatility, with premiums expanding around earnings.

Term structure

Typically upward sloping under normal conditions.

The smile, the term structure and the cone for ULTA, on today's chain.

Open the Volatility Lab

ULTA gamma exposure (GEX)

Gamma Exposure analysis for ULTA reveals dealer hedging dynamics at key strike levels.

  • Typical GEX profile. ULTA tends to operate in a positive gamma environment during normal conditions.
  • Key levels.
  • Dealer hedging.

Where the gamma sits on ULTA right now, strike by strike.

See live ULTA GEX

Common ULTA options strategies

These are strategies commonly used by traders on ULTA options, based on typical market characteristics. This is not investment advice.

Key considerations for ULTA options

  • ULTA options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
  • Monitor earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing positions

ULTA key events

Earnings months. February, May, August, November

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-09-01. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

No account needed. Unsubscribe any time.

Questions

Frequently asked
about ULTA options.

What is ULTA's typical implied volatility?

ULTA implied volatility typically ranges from 22% - 55%.

Does ULTA have weekly options?

ULTA offers weekly options.

What is ULTA's options trading profile?

ULTA (Ulta Beauty Inc.) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 22% - 55% range. The position sits in the Consumer Discretionary category for portfolio diversification and options strategy design.

How does ULTA implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on ULTA?

Popular strategies on ULTA options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 22% - 55% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is ULTA's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence ULTA's intraday price action. ULTA tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live ULTA GEX levels and the gamma-flip point on ApexVol.

What is ULTA's IV rank?

ULTA's IV rank shows where ULTA's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. ULTA implied volatility typically ranges from 22% - 55%. Check ULTA's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
Live data trades better.

Everything on this page is the shape of ULTA options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Run every module on AAPL without an account.

Real market data, not a sandbox. See it live on AAPL.

7 days free, cancel anytime Card required · no charge for 7 days
Start trial →