Trade Ideas
UOA PRO New Trade Idea S 7-24
6,000 31July 18 calls mostly bought in two prints/orders for 0.54 to 0.71 above open interest of 237 contracts. Stock 17.84-18.15.
New Trade Idea
Ticker: S
Stock: 18.14
Trigger: 18.39
Targets/Resistance: 18.68, 18.99, 20.03, 21.25, 22.11
Expiration Date: 21AUG
UOA:
07/24/2026 12:51:30 PM S Bullish Call Buying 18.14 6,000 31July 18 calls mostly bought in two prints/orders for 0.54 to 0.71 above open interest of 237 contracts. Stock 17.84-18.15. Utilities
07/24/2026 9:58:17 AM S Bullish Call Buying 17.70 6,000 18September 22 calls mostly bought for 0.65-0.70 above open interest of 3,279 contracts. Stock 17.63-17.69. Utilities
S $18.13 Last.
2nd call side hits forces our hand. Both sizeable one a week out, one a month out. Nearer term ATM and outer is OTM. Stock has been changing trend now for several months and just had a sharp pullback. Should the market and MTUM trades get back on track this could start to run off support again. Charts pretty solid on balance and EPS catalyst could help.
Trigger: $18.39.
Strategy 1: Consider the S 21Aug. 17.00 calls for $2.10 projected at trigger level today. Front Month Starter Kit that’s ITM for a quicker roll up and volatile markets. Leads nearly to EPS date.
Targets: 18.68 (15 SMA currently), 18.99, 20.03, 21.25, 22.11