A heavy earnings calendar is drawing unusual options attention across US markets this week. Traders are pricing in big moves in several high-profile names.
NVDA sits at the center of the action. The $5.2 trillion chip giant has an RSI of just 44.65. That suggests the market is neither stretched bullish nor deeply bearish heading into its next results. Analysts still see 46% upside to current prices.
AMD tells a similar story. Its RSI sits at 42.46 — near oversold territory. The stock has surged 113% year-to-date. Options traders face a crowded trade ahead of earnings. Micron Technology leads the positive bets leaderboard despite an RSI near 48.5.
ULTA has a short interest DTC of 2.7 days. The beauty retailer is down 11% year-to-date. Analyst return potential sits at 15.7%, signalling expectations of a recovery. Options activity ahead of its results may skew bullish.
Retail bears are watching CRM and DELL closely. Both face earnings this week alongside and . Short sellers built positions in Reddit recently, per ORTEX data.
Meta Platforms sits on an RSI of 42.3. Its market cap of $1.42 trillion has dropped 15% year-to-date. Options negative bets are elevated. TSLA also sits near the negative bets list, down 22% in 2026 and carrying an RSI of 51.
With earnings avalanche conditions in play, implied volatility across the tech complex is the key watchpoint for traders this week.
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.
