Steel Dynamics Stock Looks Poised for Strong Q1 Gains

Group 1 - The new year has seen strong performance in the stock market, with both the Dow Jones Industrial Average and S&P 500 Index achieving record closes [1] - Steel Dynamics Inc (NASDAQ:STLD) has shown significant percentage gains, finishing the first quarter higher in eight of the last ten years with an average increase of 16.6% [2] - STLD's stock is currently trading at $168.63, down 2.3%, but has a year-over-year lead of 41.3% and is close to its record high of $178.36 [3] Group 2 - The options market is showing a bullish sentiment towards STLD, with a 50-day call/put volume ratio of 3.25, indicating higher bullish activity than 79% of annual readings [5] - Current near-term option traders are pricing in low volatility expectations, as indicated by the stock's Schaeffer's Volatility Index (SVI) of 39%, which is in the 20th percentile of the past year [5]