Options markets are flashing mixed signals on August 19. Semiconductors dominate both the bullish and bearish sides of the tape.
SanDisk tops the week's positive options bets. The stock is up 585% year-to-date. That kind of run draws heavy call activity from momentum chasers. Micron Technology ranks second by positive options flow. Analysts see 60% upside from current levels. Its ORTEX stock score sits at 97 out of 100.
NVIDIA appears on both sides. Bullish bets remain large. But negative options volume is also elevated. With a $5.4 trillion market cap, even small sentiment shifts generate outsized flows.
Meta Platforms stands out as the sharpest bearish signal. The RSI sits at just 36. The stock is down 18% year-to-date. Negative options bets rank among the highest of any large-cap name this week. Analysts still see 39% upside. That gap between analyst targets and put activity hints at real disagreement in the market.
Tesla also draws notable put flow. It is down 25% year-to-date. The RSI is 46. Options traders appear unconvinced a recovery is close.
On the bullish options side, Tenet Healthcare and Centene score highest by ORTEX options sentiment score. Both are healthcare names riding a strong 2026 rally. Centene carries the top ORTEX stock score overall at 99.45.
The broad picture: chips and AI names attract the most total options volume. But sentiment within that group is splitting. Traders are betting big on memory names like Micron and SanDisk while hedging exposure to the mega-caps.
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.
