Options flow is tilting bearish on beaten-down consumer and software names. The signal is clearest in LULU, down 41.4% year-to-date. The athleisure brand sits atop the week's negative options bets ranking. Analysts are hammering the stock further, with fresh downgrades adding fuel. Short score stands at 50.9, putting it in a contested zone as bears push harder.
CHWY is another name drawing put pressure. The online pet retailer is off 27.5% this year. Its short score of 55.2 reflects sustained bearish positioning. WIX rounds out the picture, down 21.8% YTD with a short score of 57.7. Analysts see no upside — return potential sits at -3.4%.
On the bullish side, MU leads positive options flow. Micron is up 235.7% year-to-date. Its ORTEX stock score of 90.3 is among the highest in the US market. Options traders are betting the chip rally has further to run.
ADBE faces a tougher crowd. Shares are down 18.4% in 2026. Analysts are cutting targets, and the options score trend is cooling. The software giant reports Q3 results soon, adding urgency to near-term positioning.
Elsewhere, squeeze signals are flashing for UAA. Under Armour carries a squeeze potential score in the top tier of mid-caps. DTC sits at 8.4 days. A burst of positive flow could accelerate any short covering fast.
The week's tech earnings calendar — headlined by ORCL — is keeping options desks busy. Traders are hedging into results with short-dated contracts across the software space.
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.
