Options flow is sending mixed signals across US markets today. Semiconductors are absorbing the heaviest bearish bets. Micron Technology tops the negative options flow table over the past week — notable given the stock is up 279% year-to-date. Bears appear to be hedging stretched gains ahead of Q4 results.
Advanced Micro Devices and NVIDIA also rank among the week's largest negative options bet recipients. All three chipmakers have surged sharply in 2026. Profit-taking via put hedges is a common pattern near those levels.
On the bullish side, call flow dominated across industrial and infrastructure names. Trane Technologies, Emerson Electric, and CSX Corporation all posted 100% positive options scores over seven days. That means every significant options bet placed on those names leaned bullish. None of these are momentum darlings — the signal stands out precisely because it is quiet and one-sided.
Fiserv is worth watching separately. Activist Jana Partners is pushing for $1.25 billion in cost cuts. The stock is down 31% year-to-date. Its short score sits at 41 and days-to-cover at 2.6. Options positioning here could get interesting ahead of any formal response from management.
Palantir rounds out the bullish flow list with a strong positive bets reading despite a 16% YTD decline. That divergence — falling price but rising call activity — is the kind of signal worth monitoring closely.
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.
