UOA PRO New Trade Idea ETHA 8-19

New Trade Idea

Ticker: ETHA
Stock: 15.66
Trigger: 15.98
Targets/Resistance: 17.73
Expiration Date: 18SEP
 
UOA:

08/19/2026 11:35:33 AM ETHA Bullish Call Buying 15.66 6,000 16October 18 calls bought in one order for 0.54 to 0.58 above open interest of 1,148 contracts. Stock 15.59-16.61.

08/19/2026 11:09:02 AM ETHA Bullish Call Spread 15.19 9,092 25September 16.50 calls bought for 0.40 to 0.49 above open interest of 2,548 contracts; 9,092 25September 18.50 calls sold for 0.18 to 0.09 above open interest of 25 contracts. Stock 15.10.

ETHA $15.76Last.

2 large OTM call hits in late Sept. and Oct. respectively. Size is substantial and worthy of a look. Been basing for a a while and charts are flashing nicely. Stock volume surging and thus a relief rally certainly seems possible.

Trigger: $15.98, today’s current high.

Strategy 1: Consider the ETHA 18Sept. 15.00 calls for $1.60 projected at trigger level today.

Targets: 17.73 (200 SMA currently)