Restaurant Stock With Clear Path to Previous Records
Restaurant stock Brinker International Inc (NYSE:EAT) is breaking out above the 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 re ...