Trade Ideas

UOA PRO New Trade Idea VIAV 8-17

5,250 18September 50 calls bought for 2.50 to 3.20 above open interest of 2,305 contracts. Stock 44.69–45.24.

By Wayne Razzi | Market Rebellion · August 17, 2026

New Trade Idea

Ticker: VIAV
Stock: 45.24
Trigger: 46.31
Expiration Date: 18SEP

UOA: 5,250 18September 50 calls bought for 2.50 to 3.20 above open interest of 2,305 contracts. Stock 44.69–45.24.

VIAV $46.14 Last.

Large Sept. OTM call buy. Charts are getting there but need a little more push to really cement the bullish profile though now > all SMAs. Be careful in this market that’s not acting well to this point.

Trigger: $46.31.

Strategy 1: Consider the VIAV 18Sept. 45.00-55.00 call spread for $2.85 projected at trigger level today.

Targets: 47.00, 47.75, 49.41, 50.44