Trade Ideas
UOA PRO Update FRMI 7-24
19,000 31July 7.50 calls mostly bought for 0.25 to 0.75 including one single print of 4,900 above open interest of 6,406 contracts; single print spread against 9,800 31July 9 calls sold for 0.20 above open interest of 854 contracts. Stock 6.54-7.43.
Status Update
Ticker: FRMI
Stock: 7.43
Expiration Date: 31JUL
New UOA:
07/24/2026 12:11:31 PM FRMI Bullish Call Buying 7.43 19,000 31July 7.50 calls mostly bought for 0.25 to 0.75 including one single print of 4,900 above open interest of 6,406 contracts; single print spread against 9,800 31July 9 calls sold for 0.20 above open interest of 854 contracts. Stock 6.54-7.43.
07/24/2026 11:44:56 AM FRMI Bullish Call Roll 7.26 9,800 31July 9 calls bought for 0.20 above open interest of 854 contracts; 4,900 31July 7.50 calls sold for 0.47 below open interest of 6,404 contracts. Stock 7.10.
UOA PRO New Trade Idea FRMI 7-21
Ticker: FRMI
Type: Bullish Call Buying
Stock: 6.39
New Trade Idea
Ticker: FRMI
Stock: 6.39
Trigger: 6.61
Expiration Date: 31JUL
UOA: 9,800 31July 8 calls bought in mostly one order for 0.20 to 0.25 above open interest of 1,300 contracts. Stock 6.29-6.39.
FRMI $6.48 Last.
Large week out slightly OTM call buy. MAY have a higher low in place again from which it may be trying to springboard again. Has possible pre-EPS run with EPS set in Aug. With a surge, the charts could flip solidly bullish.
Trigger: $6.61.
Strategy 1: Consider the FRMI 31July 6.00 calls for $0.95 projected at trigger level today. Selected for roll up if it pops.
Targets: 7.01, 7.55 (20 SMA currently), 8.28, 8.76