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