Although recent rumblings in the options market seemingly bode poorly for Ollie’s Bargain Outlet, the company’s ability to weather various storms makes OLLI stock an intriguing stock to consider at this juncture. Having jumped so much this year, there’s a sense that Ollie’s Bargain Outlet ( NASDAQ:OLLI ) stock may be due for a pullback. Indeed, recent rumblings in the options market imply such. However, OLLI stock really offers a contrarian opportunity, particularly amid a still-weakened consumer environment. Plus, the underlying business facilitates flexibility. Therefore, I am bullish on the closeout retail specialist. At first glance, OLLI stock seems like a sensible investment. While improved from the wild peaks of last year, inflation remains stubbornly high . Moreover, mass layoffs represent the sad order of the day, particularly as enterprises wind down their operations amid high inflation and a worsening economy. Under these circumstances, a discount retailer would appear to make much sense. However, money talks – and some other unspoken material walks, as the colloquial saying goes. Recently, derivatives traders voted with their wallets, causing OLLI stock to become a notable highlight for unusual stock options volume. Specifically, following the close of the March 2 session, OLLI’s volume […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
