Value Based Health Provider Sees April Call Buyer
Oak Street Health (OSH) IV jumps as 2800 April $40 calls bought at $2.10 offers. OSH has a nice chart setting up for potential move up through 30 level as the stock is consolidating recent gains and holding up well in a tricky market. The 55 EMA has been support on the last two tests and now looking to see a breakout from the wedge forming just under monthly VPOC at 29. Upside targets look to be 31.75 and 36.90 as untested VPOC levels. OSH has a 9% short float.