Three distinct options signals stand out on September 8.
Bloom Energy's index pop draws call flow. BE joined the S&P 500, replacing Molson Coors. The stock is up 191% year-to-date. Short interest sits at just 6.4% of free float. Availability is a massive 3,446% of SI. That means plenty of borrow. Call buyers have room to run. Index-inclusion events consistently attract front-running options volume in the first session after the announcement.
GME: options remember earnings. A market note today flagged that "options remember earnings shocks." GME carries a 25.1 days-to-cover reading — the highest of any name on ORTEX screens. Short interest is 8.9% of free float. The cost to borrow is just 0.64%, but the squeeze potential score is elevated. Options traders tracking this name typically watch for DTC to compress as a squeeze trigger.
Energy calls heat up near $100 oil. Houthi strikes on Saudi Aramco facilities pushed crude toward $100 per barrel. MPC is up 139% YTD with a stock score of 83. RSI sits at 77.8 — deep overbought territory. Options buyers in energy are now chasing momentum. OXY is also up 46% YTD. Analysts still see modest upside, but options sentiment leans bullish.
Micron dominates negative bets by volume. MU topped the ORTEX screen for largest negative options bets this week. The stock is up 256% YTD. At those levels, put protection buying makes sense. A mean-reversion trade in semis appears to be building.
Broad market options sentiment shows defensive names like Duke Energy and CSX scoring 100% positive options flow this week — a rotation signal worth watching.
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.
