Earnings season is firing up. Options traders are placing their biggest bets on the week's key names.
CHWY stands out as the most structurally pressured stock in focus. Short interest sits at a massive 74.8% of free float. Bears have plenty of shares available to borrow — availability runs at 537% of short interest. That signals active, sustained bearish positioning rather than a squeeze setup.
CRWV is drawing attention in the AI infrastructure space. Short interest is 33.1% of free float. Availability at 206% means bears can still build positions freely. Cost to borrow is low at 0.47%, so there is little friction for new shorts.
The earnings calendar is dominating sentiment. NFLX, UNH, BAC, and GE all report this week. Options activity around these names is elevated. UNH has been a punching bag for short sellers in the health insurance space — short interest remains under 2% of free float, suggesting the options market leans directionally rather than through short pressure.
NVDA shorts remain light at 1.3% of free float. Bears piling into AI names this week are more likely using puts than direct short selling. META and TSLA show similarly thin short interest. The options market, not the borrow market, is the primary venue for near-term directional bets on these mega-caps.
Watch NFLX earnings on Tuesday as the catalyst most likely to move the tape.
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.
