Group 1 - Energy provider NXT tested its 50-day moving average and pivoted higher, clearing key resistance levels at $90.48 and $93, indicating bullish momentum [1] - Short interest is modest at 3.5% of the total available float, suggesting potential for further upward movement as shorts cover their positions [1] - The put/call open interest ratio (SOIR) of 2.17 ranks in the 94th percentile, indicating a significant level of pessimism that could unwind and propel the stock higher [1] Group 2 - There is a heavy buildup of put open interest at the 90 strike, which may provide options-related support for the stock [1] - A recommended call option has a leverage ratio of 4.5, indicating that it will double on a 23.5% rise in the underlying equity [1] - Subscribers to Schaeffer's Weekend Trader received detailed options trade recommendations, highlighting the potential for significant market movements [2]

Group 1 - Brinker International Inc (NYSE:EAT) shares have retraced to the 50-day moving average, which aligns with their highs from April, and are currently just above the 20% year-to-date mark, indicating potential support in the upcoming weeks [2] - Short interest in Brinker International increased by 40% from mid-February to May, with a slight decrease in the most recent report, now accounting for 13.2% of the stock's available float [2] - The stock has a front-month gamma-weighted Schaeffer's open interest ratio (SOIR) of 1.16, showing an upward trend from a previous low, and the Schaeffer's Volatility Index (SVI) is in the 11th percentile of its annual range, indicating that options are currently favored [5] Group 2 - The recommended call option for Brinker International has a leverage ratio of 5.2, suggesting that it will double with a 22% increase in the underlying equity [5]

Group 1 - Amazon.com Inc (NASDAQ:AMZN) experienced a significant selloff, reaching its 24-month moving average, which historically has been a strong buying opportunity, with exceptions in 2008, 2020, and 2022 [2] - The stock price approached the $175 level, which was a resistance point during 2020-2021, and the low of $166 on Friday aligns with the April 2024 low and previous put open interest strikes [3] - Given the technical support levels, it is considered an opportune moment to buy AMZN on the dip, with a recommended call option that has a leverage ratio of 6.0, potentially doubling with an 18.8% rise in the stock [4]