Subscribers to Schaeffer's Weekend Trader options recommendation service received this EAT commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this ZS commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this NET commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Cybersecurity stock Cloudflare Inc (NYSE:NET) pulled back and bounced near its earlier all-time high breakout and 20-day moving average. Now the equity is above open interest (OI) balance at the 190-strike and peak call level, and could run call stack towards the 220-strike by July expiration. In other words, this gives NET a decent chance to hit our targets.

 

 
Looking toward the options pits, an unwinding of bearish sentiment could trigger tailwinds. NET's 50-day put/call volume ratio at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 72% of readings from the past year.
 
Options are affordably priced, per the stock's Schaeffer's Volatility Index (SVI) of 43% that ranks in the 14th percentile of its annual range, implying that options players are pricing in lower-than-usual volatility expectations. Plus, the security's Schaeffer's Volatility Scorecard (SVS) sits at 80 out of 100, meaning it has tended to exceed volatility expectations during the past year.
 
Our recommended September call has a leverage ratio of 5.2 and will double in value on a 21.6% pop in the underlying equity.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this AMZN commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this UPST commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Fintech stock Upstart Holdings Inc (NASDAQ:UPST) is breaking above its June closing highs, as well as its 200-day moving average and year-to-date anchored volume-weighted average price (AVWAP). Earlier this week, the shares bounced near peak put open interest at the 50-strike, and are now breaking above the $55 pivot point from a November earnings gap. This area acted as support in January, then resistance in March and May, and could be a key area moving forward.
 

The 65-strike call dissipates next week, which could open the doors to much higher prices heading into July. And with more than 25% of UPST’s total available float sold short, shorts have started covering for the last month and could continue to get squeezed.
 
Options traders are in luck. The security's Schaeffer’s Volatility Index (SVI) sits in the 10th percentile of its annual range, so premium can be had for a relative bargain. 

 

Our recommended call has a leverage ratio of 3.7 and will double in value with a 29.1% move in the underlying equity.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this OKE commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Oil & gas services stock ONEOK, Inc. (NYSE:OKE) is trying to carve out of a low at its 2020 highs, 2024 summer lows, and spring 2025 lows. The shares are holding the open interest (OI) balance at the 80-strike, and back in April found a low at the peak put 75 strike.

 

A front-month gamma-weighted Schaeffer's open interest ratio (SOIR) above 1.00 could be signaling an immediate pending move. And with a Schaeffer's Volatility Index (SVI) ranking in the 19th percentile of its annual range and a Schaeffer's Volatility Scorecard (SVS) rank of 70 out of 100, options are the preferred route to take a flier.

Our recommended September call option has a leverage ratio of 7.5 and will double on a 13.6% gain in the underlying security.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this EAT commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Restaurant stock Brinker International Inc (NYSE:EAT) is breaking out above the $165-$168 area, which represents multiple highs since mid-February. There is also a clear path to its Feb. 4, all-time high of $192.22, making now an excellent time to buy EAT calls.

Longer term, the equity is staging a sharp bounce off its 10-month moving average. Plus, there is peak put open interest (OI) at the 170-strike, and its Schaeffer's put/call open interest ratio (SOIR) of 2.40 ranks in the 98th percentile of annual readings. An unwinding of this pessimism could fuel additional tailwinds.

Analysts lean bearish toward EAT, despite its 31.4% year-to-date gain and 148.9% lead over the last 12 months. In fact, 14 of the 18 firms in coverage carry a tepid “hold” or worse rating, indicating there’s ample room for upgrades. Brinker International stock also looks ripe for a short squeeze, with 11.9% of its available float sold short, and many of these shorts now underwater.

Our recommended call option has a leverage ratio of 7.4 and will double on a 14.4% gain in the underlying security.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this BWXT commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Nevertheless, short interest rose 38.7% in the last two reporting periods, indicating an unwinding of this pessimism could generate tailwinds for BWXT. Plus, aggressive put sellers are now showing up at the June 105-strike to buy the June 120- and 130-strike calls. It’s also worth noting that the equity's gamma-weighted Schaeffer's open interest ratio (SOIR) ranks at 1.23, which has previously been indicative of bottoms in price in the past.

The equity's Schaeffer's Volatility Index (SVI) of 29% that ranks in the 26th percentile of its annual range, meaning options traders are now pricing in low volatility expectations. Our recommended call option has a leverage ratio of 6.4 and will double on a 16% gain in the underlying security.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this EBAY commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

Palantir Technologies Inc (NASDAQ:PLTR) stock is facing rejection at its peak call open interest (OI) level and February highs, after the company reported first-quarter results last week. The security’s post-earnings rebound stalled around the 50% year-to-date level and the 78.6% Fibonacci retracement, setting the stage for lower highs.

Short interest makes up just 2.3% of the equity’s available float and is sitting at its lowest level since March, leaving plenty of room for short sellers to build their positions. What’s more, peak call OI at the 125-strike emerged as resistance, and a push below $115 could lead the 100-strike to become a magnet for the shares.
 
Finally, the stock's Schaeffer's Volatility Scorecard (SVS) of 83 out of 100 indicates it has exceeded options traders' volatility expectations over the past year. Our recommended June put option has a leverage ratio of 5.5 and will double on a 15.8% drop in the underlying security.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this IBKR commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

There has been renewed interest in the cryptocurrency sector under President Donald Trump, amid speculation that the current administration may loosen currents regulations. Subscribers to Schaeffer's Grand Slam Countdown tripled their money with our iShares Bitcoin Trust ETF (NASDAQ:IBIT) 4/25 49.50-51.50 strike call debit spread, so now is a good time to unpack the reasoning behind this winning bet.

At the time of our recommendation on April 20, IBIT's pullback into its April lows was holding at its 20-day moving average, its average volume weight average price (VWAP) since inception, as well as the intersection of the 20-, 50-, and 200-day trendlines. Plus, the security had taken out several three levels of interest in the $47-$68 region just the week prior, including 10% above its April 8 low.

Implied volatility (IV) for IBIT options was quite modest, sitting in the low 7th percentile of annual readings. Additionally, it was 26 points below average true-range based volatility.

Shares were just beginning to rally when subscribers initiated their positions, ultimately stringing together seven-straight gains to close above the $52.50 level for the first time since February. Right before the equity snapped its win streak, subscribers closed their positions and collected their 225% profit.