Options Insight: Playing Ross Stores Ahead of Earnings

The video discusses market reactions to the Federal Reserve's recent actions, highlighting a dovish response by the end of the day. It also covers the volatility in the retail sector, noting that retail has outperformed the S&P 500 over the past year. The analysis focuses on individual retail stocks, emphasizing the need to look beyond broad indices due to significant dispersion. Ross Stores is highlighted as a stock of interest, with a strategy to manage potential downside risk through options trading.

What was the market's initial reaction to the Federal Reserve's split?

How has the volatility in the retail sector changed as earnings season comes to an end?

What does the speaker suggest about the dispersion in the retail sector?

What are the expected comps for Ross Stores according to the discussion?

What strategy is suggested to manage potential downside risk for stocks like Ross Stores?