Subscribers to Schaeffer's Weekend Trader options recommendation service received this CHRW 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.
Logistics stock C.H. Robinson Worldwide (NASDAQ:CHRW) held its 50-day moving average and +10% year-to-date level, even amid AI disruption headlines of a logistics app developed overnight. The shares are still clear of their 200-unit trendline on their 65-minute chart, an area that acts as a solid pivot level.
The stock is also above its previous earnings report closing price, and this could spark a rally back to late 2025 highs.
In the options pits, put support is stepping up at the 175 strike.
Our April call has a leverage ratio of 8.7 and will double on a 12.3% rise in the underlying equity.
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