Consumer Finance Name with Strong Yield Sets up Bull Flag Breakout
One Main (OMF) shares of the financial name are forming a bullish flag on the right side of a cup shaped pattern as it looks to break above monthly value for a move towards 60 and then likely up to the all time high from 2021 near 63. OMF is a small cap consumer finance play seeing steady growth and also has a solid 7% dividend yield. OMF has seen several large bull trades continue to hold in open interest including the 10,000 January $75 calls that bought in late November as well as a recent buyer of 3000 December $60 calls on 1/6.