Defense Stock Worth Watching for Bullish Options Traders

Shares of Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) are 1.2% higher to trade at $78.45 this afternoon, attempting to snap a five-day losing streak as Middle East tensions cause whiplash for the broader market. The equity has pulled back notably since topping a nearly 22-year high of $134 on Jan. 20, now clinging to the year-to-date breakeven level. However, a historic bullish signal is now flashing, indicating renewed support could be looming for KTOS.Per Schaeffer's Senior Quantitative Analyst ...