After bouncing off a key polarity level earlier this year, OKLO now appears poised to reclaim a critical area defined by both the anchored VWAP from the February highs and the VWAP from the all-time lows.
The entry level couldn't be cleaner, and this tight coil has us anticipating an explosive resolution.
Here’s the play:
We’re buying the $OKLO 6/20 $35 calls for roughly $1.65 - $1.70.
This one has earnings next week, so we’re looking for a swift double and free ride into the report.