Exchange: NYSE·Updated 07:30 PM EDT
AS logo

AS Amer Sports Inc.

$29.43
$0.19
(0.65%)
Today
Closed $29.43
$0.00
(0.00%)
After Hours
EarningsNov 17
Mkt Cap$17.12B
Vol4.47M

About AS

Amer Sports, Inc. engages in manufacturing, marketing, and selling sports equipment, apparel, and footwear. It operates through the following segments: Technical Apparel, Outdoor Performance, and Ball and Racquet Sports. The Technical Apparel segment refers to outdoor apparel, footwear, and accessories. It includes the Arc’teryx and Peak Performance brands. The Outdoor Performance segment focuses on outdoor apparel, footwear, accessories, and winter sports equipment. It includes the Salomon, Atomic, Armada, and ENVE brands. The Ball and Racquet Sports segment relates to sports equipment, apparel, and accessories. It includes the Wilson, Louisville Slugger, DeMarini, EvoShield, Atec, and Luxilon brands. The company was founded on January 03, 2020 and is headquartered in Helsinki, Finland.
44

Bearish Sentiment

How do you feel about AS?

OptionRunners
$AS some more here with a roll/adjustment to the Nov 6th spreads - adding $280K to the position
3
TakeItToTheTop
$AS AI and tech is bleeding. Money needs to find some place to go. Currently healthcare and staples are those sectors. Maybe discretionary names like AS that are profitable and experiencing strong financial growth and under valued will start to be inciting and safe.
1
Crom5775
$AS the 20 and 50 day are acting as tough resistance to break over. I wouldn’t be surprised to see a pull back to at least mid 26s
TakeItToTheTop
$AS This has overshot the daily implied move of 29.47. Maybe a reversal is now in order. The weekly move will be just under $29.
OptionRunners
$AS these November 6th $29/$33 spreads bought for $0.68 were just sold for $1.79. They rolled them up to the $30.50/$34 call spreads for a $600K credit and locked in a $56K profit.
TakeItToTheTop
$AS The other good news potentially if we close above it, the 50 SMA is at 29.70. Once we close above that the institutional money comes in even harder. Any gains above this there will be a retest of 29.70 area.

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