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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.

Software stock Samsara Inc ( NYSE:IOT) is down 5% to trade at $44.81 this morning, after the software company's disappointing current-quarter revenue guidance overshadowed better-than-expected first-quarter results. The internet-of-things company expects revenue between $371 million and $373 million, which represents 24% year-over-year growth, a slowdown from last quarter's 31%. 

Samsara stock out of the gate traded as low as $41.60, before paring those losses and reclaiming a confluence of moving averages as support. Before today's drop, IOT had been consolidating under $48 since mid May. Now, the shares' year-to-date breakeven level is holding, a key pivot point to watch going forward.

So far today, IOT has seen 6,874 calls and 14,000 puts exchanged, which is already 3.2 times the overall options volume it typically sees in an entire session. The weekly 6/13 40-strike put is the most popular, with new positions opening there. 

Options traders were more bearish than usual ahead of today, too. Samsara stock's 50-day put/call volume ratio of 1.82 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 86% of readings from the past year. 

Lululemon Athletica Inc (NASDAQ:LULU) stock is down 19.7% to trade at $265.71, after the athleisure company's fiscal second-quarter and full-year guidance missed expectations, with tariff pressures the culprit. At least 12 brokerages cut their price targets as a result, the steepest coming from BMO to $250 from $302. 

The shares are on track for their worst day since March 2020 and earlier gapped to their lowest level since April. The security also broke below a recent floor at the $310 level and lost support from the 20-day moving average. So far in 2025, LULU has already shed 30%. 

Shorts are in control, despite short interest dipping 8% in the last two reporting periods. The 5.94 million shares sold short account for 5.4% of the equity's available float, or nearly three days' worth of pent-up buying power.

Drilling down to today's options activity, 46,000 calls and 26,000 puts have already crossed the tape, or 24 times the volume typically seen at this point. Most popular is the weekly 6/6 260-strike put, where positions are being opened. Those contracts will expire at the close.

Lululemon stock's Schaeffer's put/call open interest ratio (SOIR) of 1.31 sits in the 97th percentile of annual readings. In other words, short-term options traders have been more pessimistic than usual. It's also noting that LULU tended to exceed options traders' volatility expectations over the past year, per its Schaeffer's Volatility Scorecard (SVS) of 96 out of 100. 

DocuSign Inc (NASDAQ:DOCU) stock is sinking, last seen down 17.1% at $76.99, despite the e-signature company reporting fiscal first-quarter earnings of $0.90 per share on $763.7 million in revenue, exceeding estimates of $0.81 and $747 million, respectively. Billings of $739.6 million missed the $746.2 million consensus, stoking concerns about decelerating demand, while the firm's 2026 billing guidance disappointed

DOCU is pacing for its worst single-session drop since March 2023 and has erased its year-to-date lead, now down 13.8% in 2025. The stock is also trading below its 80-day moving average, which had provided a key layer of support in early March and late April. 

Bearish sentiment is building. At least five analysts slashed their price targets following the report, including UBS, which lowered its objective to $80 from $85. Options volume is running hot, with more than 21,000 contracts exchanged -- 30 times the intraday norm -- led by heavy interest at the weekly 6/6 80-strike put expiring today. 

One of Schaeffer's top stock picks for 2025, Nebius Group NV (NASDAQ:NBIS), is up 21.5% to trade at $48.87 today. The cloud computing name secured $1 billion in convertible notes to develop its artificial intelligence (AI) capabilities, after which Arete Research initiated coverage with a "buy" rating and price target of $84 -- a 113% premium to yesterday's close. 

Options bulls are blasting NBIS in response, with 203,000 calls exchanged so far in comparison to 44,000 puts. In terms of overall options volume, the equity has already seen 4.6 times the amount typically seen in an entire session. The weekly 6/6 50-strike is the most popular, followed by the June 50 call, with new positions opening at both. 

Today's pop has NBIS trading at its highest levels since February, though not quite overtaking its February 18 three-year peak of $50.87, while the 320-day moving average keeps a cap on gains. Since the start of 2025, the shares are up roughly 76%. 

Only three analysts cover NBIS, all carrying "buy" ratings. Should more analysts chime in with bull notes, the security could climb even higher. 

GameStop Corp (NYSE:GME) is gearing up to announce first-quarter results after the close on Tuesday, June 10. The company was in the spotlight after its board approved plans to use corporate dollars to buy Bitcoin (BTC), a move that is part of its investment strategy.

GameStop stock has a generally positive history of post-earnings moves, finishing five of its last eight earnings reports higher, including an 11.7% pop in March. GME averaged a next-day swing of 13.8%, regardless of direction, in the last two years. This time around, the options pits are pricing in a slightly bigger move of 14.4%. 

The former meme stock was seen up 1.6% to trade at $30.44, chipping away at a slim 2.7% deficit for 2025. The equity added more than 36% over the last nine months, but has recently taken a breather from its May 28, year-to-date peak of $35.81. Support at the 20-day moving average remains in place to contain any additional pullbacks, too.

Short sellers are firmly in control, with the 49.52 million shares sold short accounting for 12.1% of GameStop stock's available float. It would take short sellers nearly five days to cover their bearish bets, at GME's average pace of trading.

For those looking to capitalize on earnings, options are pricing in relatively low volatility. GME's Schaeffer’s Volatility Index (SVI) of 86% ranks in the 11th percentile of its annual range, indicating premiums are affordable.

The Dow Jones Industrial Average (DJI) is higher this afternoon as investors monitor trade talks between President Donald Trump and Chinese President Xi Jinping. Trump reportedly initiated the call and described it on Truth Social as a “very good phone call.”  Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also firmly in the black, looking to extend their win streaks to four days ahead of tomorrow's release of nonfarm payrolls data for May. 

Continue reading for more on today's market, including:

• Dismal outlook weighing on luxury apparel stock. 
• Chewy stock downgraded on valuation concerns.
• Plus, bulls blast mining stock; NCLH cruises higher; and Tesla's declining sales.

First Majestic Silver Corp (NYSE:AG) stock is seeing unusual options activity today, with 53,000 calls and 7,259 puts exchanged so far -- 8 times the volume typically seen at this point. The January 16, 2026 10-strike call is most popular, but new positions are being opened at the June 9 call. AG was last seen up 15.9% to trade at a 52-week high of $8.44, and is eyeing its fifth-straight gain and best day since April 2024. The mining stock also blasted past $7.50, a level that rejected its March rally. So far in 2025, AG added 53.6%.

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) is one of the best stocks on the SPX today, last seen 5.8% higher to trade at $19.46. The security is on track for its sixth consecutive gain -- its longest win streak since September -- while sporting a more than 13% nine-month lead. Shares are still down 24.4% in 2025, however, as they run into familiar resistance at the $20 level that also capped price action in May.

Tesla Inc (NASDAQ:TSLA) stock is near the bottom of the SPX, down 3.8% to trade at $319.38 at last glance, after the electric vehicle (EV) giant reported declining sales in Europe before the release its new Model Y. Analysts mentioned fatigue over CEO Elon Musk's politics, with Musk now criticizing the Trump administration's spending bill on X. TSLA carries a 21% year-to-date deficit as it gaps below recent support form the $20 level.

MongoDB Inc (NASDAQ:MDB) stock is up 17.1% at $233.84, after the data platform company reported better-than-expected first-quarter results and lifted its full-year forecast, citing strength in its cloud-based service. Monness Crespi Hardt upgraded the stock to "buy" from "neutral" after the earnings event, while no fewer than six analysts lifted their price targets -- though a couple threw in price-target cuts. 

Today's pop has MDB trading at its highest level since March, though it still isn't fully recovered from its early-March post-earnings bear gap. The stock is also shooting above the $200 level, which provided resistance the past few months, though the 160-day moving average and year-to-date breakeven level appear to be keeping gains in check.

Over in the options pits, MDB has seen 53,000 calls and 33,000 puts exchanged, which is already five times the overall options volume it typically sees in an entire session. The weekly 6/6 250-strike call is the most popular, followed by the 240-strike call in the same series, with new positions opening at both. 

The stock has tended to exceed options traders' volatility expectations over the past year, per its Schaeffer's Volatility Scorecard (SVS) of 93 out of 100.