Discount Retail Stock Sporting Technical Support

Group 1 - Dollar Tree Inc has support at its 20-day moving average, which has contained a pullback from a 3.6% gain post-earnings earlier this month [1] - The $120 area is significant due to a large open interest peak, potentially serving as options-related support during further pullbacks [2] - Short sellers have reduced their bearish bets by 9% in the most recent reporting period, indicating a potential for upward movement if short positions unwind [2] Group 2 - The current put/call open interest ratio for Dollar Tree is 1.17, indicating a put-dominant sentiment [3] - A recommended March call option has a leverage ratio of 6.5, which could double with a 16% rise in the underlying equity [3]