TKO Group Stock Ripe for Short Squeeze After UFC Deal

Bulls were already firmly in control prior to today's announcement. This is per the stock's 10-day call/put volume ratio of 4.66 at the International Securities (ISE), Cboe Options (CBOE) and NASDAQ OMX PHLX (PHLX), which ranks higher than 99% of readings from the past year. 

The security looks ripe for a short squeeze, too. Though short interest dropped 8.5% in the last two reporting periods, the 5.97 million shares sold short still make up 8.9% of TKO Group stock's available float. This is equivalent to more than six days of pent-up buying power.