Chip stocks are pulling in the biggest options bets of the week. Micron Technology leads on positive call flow — up 240% year-to-date with analysts still seeing 55% more upside. SanDisk is the more dramatic story, up 591% year-to-date with bulls refusing to hedge. NVIDIA and Advanced Micro Devices round out the top call-flow names, both riding strong AI infrastructure demand into the week ahead.
Wolfspeed remains the most-shorted large US stock. Short interest hit 85.2% of free float. Bears have zero shares left to borrow. The stock is down 49% in three months. On the other side, Chewy shorts are fleeing — short interest dropped from 78.7% to 66.4% of free float in just one week, the biggest unwind among larger names.
Warren Buffett's Berkshire Hathaway boosted its stake in Alphabet and added homebuilders in Q2. The 13-F filing landed Saturday. It signals fresh conviction in consumer-facing and housing names after months of caution.
Insiders are buying where markets are selling. Boston Scientific CEO Michael Mahoney filed a $9M purchase. Pfizer saw three separate insiders buy in the same week — unusual for a mega-cap. Aptiv executives committed over $8M collectively. All three stocks sit near multi-year lows.
Home Depot reports Tuesday. Its results will be the week's biggest test for US consumer health. Analysts are watching closely for any sign that spending is cracking under pressure.
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.
