Options flow on August 18 is sending divergent signals across sectors. Bearish bets are piling into semiconductors. Bullish call activity is running strong in healthcare and financials.
Sandisk tops the negative-bet count over the past seven days. The stock has already surged 653% year-to-date. That kind of run attracts put buyers fast. Micron sits right behind it. Bearish options count on MU is the second-highest in the market. Both names face earnings catalyst risk as memory demand slows.
Tesla ranks third by bearish options count. Shares are down 24.6% year-to-date. RSI sits at 47 — neutral, but put volumes suggest traders expect more pressure ahead.
On the bullish side, the picture is striking. Trane Technologies, Elevance Health, Centene, and all show 100% positive options flow over seven days. Healthcare names are drawing call buyers as the sector rebounds from prior weakness.
Roku stands out for a different reason. Its options score leads the ORTEX universe. RSI hit 78.8 — deeply overbought territory. Shares are up 46% YTD. Heavy options interest here looks stretched.
Bond markets are adding fuel. FT reports Japan's 10-year yield hit a three-decade high. Global bond sell-off fears are rising. That macro backdrop often drives defensive options hedging in equities.
Nebius Group carries the highest short score among options-active names at 70.1. Its 221% YTD rally has generated significant two-way flow. Watch it closely.
This is not financial advice.
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.
