Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Options flows are sending mixed signals across US markets this week. Bearish bets cluster in semiconductors. Bullish conviction is holding in defensive and financials.
Sandisk tops the options negative-bets leaderboard. The stock is up 561% year-to-date. Traders are hedging hard after a monster run. Micron Technology sits just behind. Despite a 228% YTD gain, put flow is elevated as the memory cycle nears its next inflection point.
Tesla also draws heavy negative options flow. The stock is down 22% this year. Analysts see 12.6% upside. Bears disagree. Meta Platforms joins the bearish camp. The stock is off 17% YTD. RSI has dropped to 37 — near oversold territory.
Advanced Micro Devices shows a similar pattern. RSI sits at 44. Analysts target 31.7% upside but options sellers lean negative.
The bullish side tells a different story. Trane Technologies drew 100% positive options flow over the past week. Analysts just raised targets. Intel pulled in heavy call flow. The stock is up 151% YTD. Trump's semiconductor push is clearly fuelling interest.
Marvell Technology is also attracting bullish attention. Up 179% in 2026, analysts lifted price targets today. Options traders are backing the AI-driven chip story.
Rare earth plays MP Materials are trending too. Trump's "do magnets" comments this week sparked a fresh flow of speculative calls in the sector.
The overall picture: semiconductors are where sentiment is most divided. The post-AI-boom names face heavy put hedging. The newly Trump-favoured names draw speculative call buyers.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
