Camping World (CWH) caught my eye last week as a name hit hard on earnings but quickly returned to its multi-week range and saw a buyer of 9000 August $14/$19 call spreads on 4/30, 2000 August $12 calls and 2000 May $11 calls. CWH also had the President buy $100K in stock at $17.61 in March. CWH retails recreational vehicles (RVs), and related products and services. The $870M Company trades 11.1X Earnings, 14.5X EBITDA and yields 3.9%. CWH has 11% of its float short. Camping World’s CEO has expressed strong opposition to CARB regulations, calling them “insanity” and plans to “exploit that narrative” and fight against over-regulation of the industry. Camping World has dedicated around $0.5 billion of its cash to growing its used RV business, as the company sees the used market as more profitable than new RV sales. The RV industry is now seeing a return to more normalized demand levels, with the companies reporting strong sales in recent months, especially in the entry-level and used RV segments. Roth MKM out bullish last week due to the acceleration of New RV share gains, benefit from a well-developed used RV business, and a stable high-margin service offering. JP Morgan also upgraded following the report citing the early stages of a sharp profit pivot following an 11-quarter stretch of lower Y/Y EBITDA.