Power Plays Update: Trimming ONON
February 12, 2024

By Scott Redler

On Holdings (ONON) has been on the move since we added it last week and I want to do some trimming.

So we'll take off 1/3 each of:

  • ONON Stock
  • ONON March 22 Calls

The stock is up about 8%, but the options are up about 65%.

This takes down the risk while giving us plenty of runway to earnings in late March.

Stay tuned for more updates!

-Scott

Scott Redler Positions Disclosure as of 2024-02-12 at 10.14.14 AM