Options sentiment is split sharply across US markets today. Bearish bets dominate in several mega-caps while financials enjoy a rare sweep of bullish flow.
Sandisk stands out as the week's most watched bearish target. The stock has surged 411% year-to-date. That extreme run has drawn heavy negative options bets over the past seven days. Traders appear to be hedging — or betting outright against — a reversal. Its RSI sits at 41, suggesting some momentum has already faded.
Texas Pacific Land also carries a deeply bearish options score this week. DTC stands at 18.3 days — one of the highest in the large-cap universe. The RSI has dropped to just 29.7, near oversold territory. Bearish options pressure is building fast there.
On the bullish side, the signal is broad and concentrated in financials. U.S. Bancorp, BNY Mellon, and Brookfield Corporation all showed 100% positive options flow over the last seven days. This sweep rarely occurs across multiple large-cap financials at once. and joined the list — suggesting energy infrastructure is also attracting call buyers.
Lucid Group posted the worst options score of any mid-cap stock. The EV maker has fallen 33% YTD. Its short score of 84.6 is among the highest in the market. Options positioning suggests traders see further downside ahead.
Marsh & McLennan and Truist Financial logged 0% positive options flow — entirely bearish — despite relatively steady price action. That disconnect between price and sentiment is worth watching.
The overall picture: bulls are hiding in yield-rich, defensive names. Bears are targeting the biggest YTD winners and embattled EV names.
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.
