Options flow this week tells a split story. Semis are pulling in positive bets. Beaten-down names are attracting heavy put interest.
NVDA topped the positive options bets leaderboard over the past seven days. The chip giant is up 22% year-to-date and sports an RSI of 61. Bullish call flow remains elevated heading into its next results. MU — up a remarkable 228% YTD — sits just below NVDA in positive options volume. Analyst upside estimates of 62% suggest the market still sees room to run.
AMD drew both bulls and bears this week. Its options positive bet count ranked in the top ten for the US market. The stock is up 123% YTD. Bears are hedging too — put volume on AMD was notable on both sides of the ledger.
The clearest bearish signal comes from TTD. The Trade Desk has the lowest options score among large-cap US names this week. Shares are down 65% YTD. Its RSI sits at 35 and short score is 56. Put flow has built steadily as analysts have stopped raising targets.
META drew significant negative bets despite being down 13% this year. That counter-trend put activity stands out. Bulls and bears are fighting over where the floor sits.
LULU also attracted heavy negative options flow. The stock is off 45% YTD. Short score is 55. Weak consumer data from FT Markets this week adds fuel to the bearish thesis on discretionary names.
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.
