Options markets are signalling anxiety ahead of a packed earnings calendar. Several names tied to this week's reporting slate are showing unusual positioning patterns.
WOLF stands out as the most extreme case. Short interest sits at 103% of free float. Availability has hit zero, meaning bears can no longer borrow new shares easily. Options expiries stretch out to September, suggesting traders are buying time to ride a potential collapse — or a short squeeze.
GME carries 13.9% SI % FF and a 70% availability reading. That's still tight. The cost to borrow is 0.66% APR. Near-term expiries on June 26 and July 2 point to short-term directional bets.
LULU faces analyst downgrades this week. SI % FF sits at 7.5%. Availability is ample at 740%, so new put positions are easy to establish. Options run out to September — bears have room to structure longer-dated trades.
MU reports earnings this week with a massive $1.28 trillion market cap. Its ORTEX momentum score hit 91.4 — yet SI crept back above 3.34% FF after dipping in late May. Options expiries run to late September with unusually dense near-term dates, a sign of heavy activity.
FDX also reports. SI % FF is just 1.67%. Options are sparse — only nine expiries available — suggesting low hedging pressure but clean positioning ahead of results.
TTWO earned an analyst upgrade this week. SI is modest at 4.2% FF. Options availability is abundant, pointing to a broadly bullish skew.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
