Options traders are heavily bullish on chips. MU, AMD, and NVDA top the positive options flow rankings over the past seven days. Micron stands out with analyst targets implying 71% upside. The sector is front-running what traders expect to be a strong catalyst cycle. Meanwhile, MSFT faces uncertainty after OpenAI paused its Astra model over cyber capability concerns — a rare cloud over the AI trade.
HTZ sits at 82.6% short interest as a percentage of free float with zero shares available to borrow. That combination is a classic squeeze setup. The stock has shed 67% over three months. CHWY carries 78.7% SI % FF on a $5.5bn market cap. Unlike Hertz, availability is plentiful at 392% — so shorts face little squeeze risk for now. saw the sharpest weekly jump in short interest among large US names. Bears pushed it from 12.2% to 15.1% of free float in seven days.
BSX CEO Michael Mahoney bought $9M of Boston Scientific shares on August 5th. That's a rare counter-trend signal from a sitting chief executive. Sellers dominate elsewhere. PBF Energy saw two insiders file $36.6M in sales — the biggest multi-insider sell-off in the dataset. LTH insiders collectively exited $24.5M of stock this week.
BRK.A kicks off the season with Q2 results today. CSCO — the week's largest name at $476bn — reports Wednesday after the bell. AMAT closes the week Thursday. In Europe, Danish wind giant Vestas Wind Systems reports Wednesday morning. FT Markets flags a refining crunch keeping fuel prices elevated even as crude retreats — a headwind for energy margins ahead of PBF's season.
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.
