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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.

Shares of MP Materials Corp (NYSE:MP), the U.S.’ leading rare-earths producer, are down 7% to trade at $33.45 at last check after the U.S.-China trade deal. China accounts for a large portion of the globe's rare earth mining, and more importantly, 90% of rare earth processing capacity globally, which is why MP Materials stock enjoyed tailwinds from tariffs against the country. 

On the charts, the shares are pulling back from a June 18, two-year high of $39.10. Today's drop has the equity falling below the 10-day moving average, which supported it during its recent rally, though it still sports a roughly 115% year-to-date lead. MP seemed due for a short-term dip, too, per its 14-day relative strength index of 75.6 that sits in "overbought" territory. 

Put traders are chiming in on today's price action. So far, 8,102 puts have been exchanged, which is triple the put volume typically seen at this point. The two most popular contracts are still the January 2026 55- and 42-strike calls, but the next six most active are puts, starting with the weekly 6/26 34.50-strike put.  

Interestingly enough, short interest has been building despite the recent outperformance, and now represents 23% of the stock's available float. It would take shorts over three days to cover their bets, at MP's average pace of trading. 

Trade Desk Inc (NASDAQ:TTD) stock is 3.2% higher to trade at $70.21 at last check, after Evercore ISI Group upgraded the cloud computing company to "outperform" from "in line." The analyst in coverage cited the equity's attractive valuation and improved risk-reward ratio.

The majority of analysts leaned bullish coming into today, but there's room for additional upgrades that could further boost the security. Of the 36 firms in question, 10 still carry a "hold" rating. 

TTD now sports a 27.3% quarter-to-date lead, but has shed 40.8% so far in 2025. Shares have struggled with overhead pressure at $80 since February, but have remained above the $60 region since an early May bull gap, with additional support stemming from their 60-day moving average.

Options are looking quite affordable. The stock's Schaeffer's Volatility Index (SVI) of 41% sits in the 11th percentile of its annual range, indicating options traders are now pricing in low volatility expectations. Plus, its Schaeffer’s Volatility Scorecard (SVS) score of 86 out of 100 indicates TTD has historically delivered larger-than-expected price swings.

Nike Inc (NYSE:NKE) is the best Dow stock by far today, last seen up 14.8% to trade at $71.85. The retail giant reported adjusted fiscal fourth-quarter earnings of 14 cents per share on $11.10 billion in revenue, both of which topped analyst estimates, and is headed for its first positive post-earnings session in seven quarters. Nike said the worst effects of turnaround efforts are over, but did estimate that the cost of tariffs could be $1 billion in the current fiscal year.

Analysts have jumped on NKE in response. At last check, there were 10 price-target hikes, the highest coming from Evercore to $90 from $75. HSBC chimed in with an upgrade to "buy" from "hold" as well. 

The report is so stellar that its offering a halo lift to retail sector peers Lululemon (LULU), Deckers Outdoor (DECK), and VF Corp (VFC). Retail exchange-traded fund (ETF) SPDR S&P Retail ETF (XRT) is up 1% as well.

This is poised to be Nike stock's best single-session gain since December 2022. The shares are breaking out of months-long consolidation, trading at their highest level since a March 21 post-earnings bear gap of 5.5%. Keep an eye on NKE's 200-day moving average, a trendline getting tested today amid the melt-up. Year-to-date, the equity is now down only 5%.

Options traders are responding in kind. At last check, over 271,000 calls have already changed hands this morning, volume that's 22 times the average intraday amount and more than double the number of puts traded. The weekly 6/27 70-strike call is the most popular, while the August 60 calls are also a top trade.

Nike has consistently exceeded options traders' volatility estimates, as reflected in its Schaeffer’s Volatility Scorecard (SVS) score of 82 out of 100. In other words, the security has historically delivered larger-than-expected price swings.

Micron Technology Inc (NASDAQ:MU) stock is 1.7% lower to trade at $125.06 at last check, despite the chipmaker's fiscal third-quarter earnings and revenue beat. The equity also saw no fewer than 16 price-target hikes in response, including one from Rosenblatt to $200 from $172.

Analysts leaned optimistic coming into today, making this wave of bull notes even more impressive. In fact, 26 of the 30 firms in coverage sport a "buy" or better rating, while the 12-month consensus price objective of $137.40 is a 7.7% premium to MU's current levels.

MU earlier hit a new year-to-date peak of $129.85 before reversing gains, but a newfound floor at the $120 level looks ready to contain the pivot. Shares boast a 50.8% year-to-date lead and remain well on their way to a healthy weekly gain, despite being on track for their third daily drop in four.

Options traders are chiming in, with 139,000 calls and 97,000 puts exchanges so far today, which is 5 times the volume typically seen at this point. Most active is the weekly 6/27 130-strike call, where new positions are being opened.

Micron stock has consistently exceeded options traders' volatility estimates, as reflected in its Schaeffer’s Volatility Scorecard (SVS) score of 96 out of 100. In other words, the security has historically delivered larger-than-expected price swings.

Super Micro Computer Inc (NASDAQ:SMCI) stock was last seen 5.4% higher to trade at $49.14, brushing off Keybanc's new "sector weight" rating, with the analyst in question highlighting competitive pressure in the artificial intelligence (AI) space. The company also announced plans to issue $2 billion in convertible notes earlier this week.

SMCI is seeing the most options volume in the options pits today, with 609,000 calls and 131,000 puts traded at last glance, which is triple the intraday average volume. The most popular contract by a long shot is the weekly 6/27 50-strike call, where new positions are being opened. 

Options traders have been much more bullish than usual of late. This is per the stock's 50-day call/put volume ratio of 2.85 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which ranks higher than all other readings from the past year.

These options are looking quite affordable. Super Micro Computer stock's Schaeffer's Volatility Index (SVI) of 69% sits in the 5th percentile of its annual range, indicating options traders are now pricing in low volatility expectations. Plus, its Schaeffer’s Volatility Scorecard (SVS) score of 83 out of 100 indicates the equity has historically delivered larger-than-expected price swings.

The shares are on track for their fifth gain in the last six sessions, as well as their third consecutive pop. Despite a steep 40.9% year-over-year deficit, the equity already rose 61.1% in 2025, and is today looking to close above the $50 level for the first time since February.

Auto stock General Motors Co (NYSE:GM) was last seen up 1.4% at $48.40. It's seen some choppy price action lately, but the 50-day moving average has moved in as close support. Furthermore, a pullback to this trendline has preceded gains in the past. 

Per Schaeffer's Senior Quantitative Analyst Rocky White, the stock is within 0.75 of the 50-day moving average's 20-day average true range (ATR) after spending at least 80% of the last 10 days and 80% of the last two months above it. Within these parameters, 12 other signals occurred in the past three years. GM was higher one month later 67% of the time after those instances, averaging a 5% gain. A move of similar magnitude would have the shares at $50.82 -- above recent pressure at the $50 mark. 

An unwinding of pessimism amongst options traders could provide tailwinds as well. Both GM's 10-day put/call volume ratio of 3.56 and 50-day put/call volume ratio of 1.15 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) rank higher than all other readings from the past year, indicating a very strong penchant for bearish bets.