Options markets are sending clear signals ahead of a packed earnings week. Visa, RTX Corporation, and Chubb are all drawing notable activity as traders position ahead of quarterly results.
Visa stands out most sharply. Put flow is running hot on the payments giant, according to market signals tracked by ORTEX. The stock carries a $606bn market cap and short interest of just 1.2% of free float. Yet options traders are hedging aggressively into its upcoming earnings print.
RTX Corporation tells a different story. Defense names are attracting earnings-period hedging. Options flow shows "hedging holds firm" ahead of RTX's Q2 release. Short interest sits at 1.3% of free float — low — but options volume is elevated.
Chubb is seeing a bullish tilt. The insurer recovered to $352, and options traders are piling into calls rather than puts. Short sellers are not pressing the stock hard, with SI at 1.3% FF.
Elsewhere, Valmont Industries options are turning bullish into earnings. Infrastructure-linked names like Quanta Services and EMCOR Group are also seeing positive options flow.
Alphabet looms large this week. Big tech earnings start shortly. Options positioning across megacaps is expected to drive heavy volumes as results roll in.
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.
