Earnings Heat Drives Options Signals

Earnings season is shaping options flow across energy, chips, and speculative names this week.

PBF Energy stands out as one of the strongest options signals. The refiner carries an RSI of 75 and is up 167% year to date. It heads into its Q2 earnings call with short sellers still stacked — ORTEX short score sits at 52. Elevated call activity is tilting sentiment bullish. Analysts disagree, flagging -16% downside to target price.

Micron Technology is drawing the biggest positive options bets over seven days. Analysts see 85% upside. The RSI is cooling at 44, but the stock is up 188% year to date. That combination often draws call sweepers betting on continuation.

Sandisk Corporation tops the negative bets list with YTD gains of 412%. Markets appear to be pricing in mean reversion. Negative options flow is building, suggesting traders expect a pullback.

D-Wave Quantum heads into earnings with the borrow pool tightening. The short score is 69. Rising borrow costs and DTC of 5.4 signal a stock that could move sharply in either direction — options premiums will reflect that.

CleanSpark also shows elevated short positioning (short score 71) with DTC of 5.8 days. Bitcoin miners remain a high-volatility options playground. Any crypto move will amplify the trade.

GameStop carries the most extreme DTC of any name tracked — 17.6 days. With short score at 75 and no earnings event near term, any spike in call volume could restart squeeze dynamics fast.

This is not financial advice. Options data via ORTEX.