OSCR to bounce

Oscar had outstanding earnings and presented another opportunity for an entry. This company provides a new way to think about health insurance. Employers will save money by providing direct-to-employee insurance plans. This allows employees to avoid being lumped into an average basket of healthy, middle-of-the-road, and sicker colleagues. this phenomenon causes overpaying for many employees.

TA-wise: We see a break of the resistance, and a retest to come. On the break, I sold my 35$ LEAPS I bought a while back and locked in a 50% win. I still have 25$ LEAPS but am considering adding commons or some ITM LEAPS. My near-term target is around 18$ or about a 33% upside.