Why It's Time to Trade Calls on IBKR Stock

Interactive Brokers Group, Inc (NASDAQ:IBKR) stock has pulled back to its 12-month moving average, which has historically been supportive of a long-term uptrend. Additionally, there is potential put open interest (OI) support at the 65-strike. 

With the company’s next earnings report due out in a few weeks, this could be a catalyst for more tailwinds, as last quarter the shares enjoyed a nice post-earnings lift. Short interest has rolled over since the previous report as well, following a two-month build where short sellers increased their positions by 20%.
 
Our recommended September call has a leverage ratio of 3.96 and will double on a 27.7% lift in the underlying shares.