Outfront Media (OUT) triggered its consolidation breakout to close the session on 7/12 and is a name with notable 7,250 July $25 and 6,450 September $30 calls bought in open interest. The range breakout can target a run to $30 and September $25/$30 call spreads for $1.25 provide a nice reward/risk. OUT’s accumulation/distribution line is showing notable strength as shares consolidated providing strong evidence the move will resolve higher. OUT has a $3.5B market cap as a leading outdoor advertising company (billboards, transit) and should see a strong recovery in business with vaccinations & reopening leading to mobility growth. OUT trades just 14X FY22 FFO and 9.7X AFFO and is positioned for a strong 2H rebound as cities recover.