Discount Retail Stock Sporting Technical Support
By
Schaeffer's Digital Content Team
| January 02, 2026, 3:51 PM
Subscribers to Schaeffer's Weekend Trader options recommendation service received this DLTR commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.
Discount retailer Dollar Tree Inc (NASDAQ:DLTR) has support in place at its 20-day moving average, a trendline that helped contain a pullback from a 3.6% post-earnings gain earlier this month. This level has held as support, and coincides with areas that previously held amid August highs.
The $120 area nearby is also home to a large open interest peak and could serve as options-related support in the event of any additional pullbacks. Short sellers have had enough, with bearish bets down 9% in the most recent reporting period. Yet with 8% of the stock's total available float sold short, an unwinding of more bearish positions could send DLTR higher.
That unwind could also happen via options; per DLTR's Schaeffer's put/call open interest ratio (SOIR) sitting at a put-dominant 1.17
Our recommended March call has a leverage ratio of 6.5 and will double on a 16% rise in the underlying equity.
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