Core Insights - Synchrony Financial (SYF) has experienced a 50.6% gain over the past nine months but is currently facing a 6.3% decline in January 2026 after reaching a record high of $88.77 on January 9 [1] - The stock has found support at the $75 level, which may help it recover, as it is near a historically bullish trendline that could lead to further gains in the upcoming weeks [1] Technical Analysis - SYF is currently within 0.75 of its 126-day moving average's 20-day average true range (ATR), having remained above this level 80% of the time in the last two weeks and 80% of the past 42 trading sessions [2] - Historical data shows that similar signals have led to a 64% success rate for the stock being higher one month later, with an average gain of 5.5%, suggesting a potential target of above $82 from its current price of $77.94 [2] Options Market Sentiment - Options traders are showing a bullish sentiment, indicated by a 50-day call/put volume ratio of 4.25, which is higher than 84% of annual readings [4] - The affordability of options is supported by a Schaeffer's Volatility Index (SVI) of 41%, ranking in the 22nd percentile over the last 12 months, suggesting favorable conditions for options trading [5] - SYF's Schaeffer's Volatility Scorecard (SVS) is high at 85 out of 100, indicating that the stock has historically exceeded options traders' volatility expectations [5]

Summary of Key Points Core Viewpoint - Macy's Inc (NYSE:M) stock is facing significant resistance around the $12.60 level, which has limited gains for the past couple of months, and the 100-day moving average is also exerting overhead pressure, indicating potential downturns in the future [1] Group 1: Stock Performance - The stock is currently trading at $12.59, reflecting a 1.1% increase [1] - Since reaching a four-year low of $9.76 on April 8, Macy's stock has struggled to recover and is down approximately 26% year-to-date [3] Group 2: Technical Indicators - The stock is within 0.75 of the 100-day moving average's 20-day average true range (ATR), having spent over 80% of the last 10 days and two months above this level [2] - Historical data shows that after similar technical signals in the past three years, Macy's stock was lower one month later 80% of the time, averaging a 7.8% loss, which would place the shares at approximately $11.61 if this trend continues [2] Group 3: Options Market Sentiment - There is a potential unwinding of optimism among options traders, as indicated by a high 10-day call/put volume ratio of 7.47, which ranks higher than 86% of readings from the past year [3]

Core Insights - Verizon Communications Inc. reported first-quarter adjusted earnings of $1.19 per share on revenue of $33.49 billion, exceeding analyst estimates, but experienced a larger-than-expected loss of 289,000 postpaid net phone subscribers, compared to the anticipated decline of 197,000 [1] - The company attributed the subscriber cancellations to inflationary pressures but reaffirmed its full-year guidance [1] Technical Analysis - Verizon stock has decreased by 2.4% to $41.92 and has lost 5.5% in the current quarter, approaching its year-to-date breakeven mark [2] - The stock has fallen below its 320-day moving average, indicating a potential bearish signal for traders [2] Options Market Activity - Options volume is currently at twice the intraday average, with 12,000 calls and 7,752 puts traded, indicating a slight preference for calls over puts [3] - The most active options are the weekly 4/25 44-strike call and 43-strike call, suggesting traders may be positioning for a short-term bounce despite the post-earnings dip [3] Sentiment Trends - Recent sentiment has shifted, with puts being bought at a faster-than-usual pace over the past two weeks, indicating a strong bearish tilt in positioning [4] - Verizon's 10-day call/put volume ratio ranks in the 89th percentile of its annual range, suggesting a potential change in sentiment if the current call skew persists [4]