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Trade Ideas

UOA PRO New Trade Idea NN 8-12

5,000 18December 26 calls bought for 2.84-3.02 against no open interest; 5,000 18September 18 calls sold for 2.73-2.43 below open interest of 33,979 contracts. Stock 18.26-18.41.

By Wayne Razzi | Market Rebellion · August 12, 2026

New Trade Idea

Ticker: NN
Stock: 18.41
Trigger: 19.31
Targets/Resistance: 20.42, 21.44, 22.66, 23.33
Expiration Date: 18SEP
 
UOA: 5,000 18December 26 calls bought for 2.84-3.02 against no open interest; 5,000 18September 18 calls sold for 2.73-2.43 below open interest of 33,979 contracts. Stock 18.26-18.41.


NN $18.58 Last.

Sizeable call roll up and out to Dec. Charts getting better but are ST OB. Stock needs to push a little more to really get technicals rolling.

Share Statistics
Avg Vol (3 month) 3 2.78M
Avg Vol (10 day) 3 3.77M
Shares Outstanding 5 136.44M
Implied Shares Outstanding 6 136.44M
Float 8 66.8M
% Held by Insiders 1 27.33%
% Held by Institutions 1 75.15%
Shares Short (7/31/2026) 4 15.15M
Short Ratio (7/31/2026) 4 6.92
Short % of Float (7/31/2026) 4 14.89%
Short % of Shares Outstanding (7/31/2026) 4 11.11%
Shares Short (prior month 6/30/2026) 4 16.31M

Trigger: $19.31.

Strategy 1: Consider the NN 18Sept. 18.00 calls for $3.10 projected at trigger level today.

Targets: 20.42, 21.44, 22.66, 23.33