The analyst indicates a bullish stance on ON, suggesting a bigger move is coming and referencing a large purchase of stock and calls.
The quoted tweet mentions buying a large amount of stock and calls, implying a strong bullish position on ON.
$ON looks like bigger move coming
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -4.5% | -3.3% |
| 1 week | -1.0% | +1.2% |
| 1 month | -25.5% | -25.5% |
| 3 months | — | — |
| 6 months | — | — |