Options traders are piling into semiconductor names. The sector dominates positive bets over the past seven days, with MU, AMD, and NVDA all ranking at the top for bullish options flow.
MU stands out with a 71% analyst return potential. Its RSI sits at 48, leaving room to run. Options buyers appear to be front-running what could be a strong catalyst cycle. SDISK — formerly Western Digital's flash unit — also ranks highly. The stock is up 430% year-to-date. Yet traders are still buying calls, not fading it.
On the bearish side, TSLA leads negative options bets. The stock is down 29% this year. RSI at 37 signals oversold territory. That puts bearish traders in an awkward spot — momentum is weak, but the stock looks stretched to the downside.
MSFT is the wildcard today. OpenAI paused its Astra model due to critical cyber capability concerns. The news broke this afternoon with a maximum impact score. holds a 78 RSI — the highest among mega-caps — and ranks near the top for positive options bets. If the AI safety story escalates, that bullish positioning could reverse fast.
INTC is up 170% year-to-date and faces earnings next week. Options traders are already placing negative bets, likely hedging against a "sell the news" reaction after one of its biggest rallies in years.
Watch semiconductors and AI names closely. Earnings season for this group starts now.
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.
