Call Options on ONEM on 1/25/2021

1Life Healthcare, Inc. (ONEM) operates a membership-based primary care platform.

Bullish Flag on $ ONEMThe company has developed a healthcare membership model based on direct consumer enrollment, as well as employer sponsorship. Its membership model includes seamless access to digital health services paired with inviting in-office care routinely covered under health insurance programs.

The company also offers administrative and managerial services pursuant to contracts with physician-owned professional corporations or One Medical Entities.

As of December 31, 2019, it had approximately 422,000 members in nine markets in the United States; and 7,000 enterprise clients.

ONEM's stock broke out past a buy point and to a record high last Tuesday. Following the momention of the COVID-19 vaccine rollout, this stock's momentum has been strong.

We will be trading Call Options on February 19th.

Last Trade: $50.31

Trading Range: $15.00 - $55.12

 

Trade

  • Buy 1 February $50.00 Call at $3.40
  • For a net debit of $3.40

Profit/Loss Analysis

  • Breakeven at $53.40
  • Maximum profit is unbounded
  • Maximum loss is ($340.00) at strike of $50.00

Closing Summary

  • Sold 1 February $50.00 Call at $9.00

Position closed on 2/11/2021 at price of $9.00 with a 164.71% gain in 17 days.

Updates

2/11/2021 11:28:02 AM

ONEM Call Options closed

Back to Portfolio