Micron Technology (MU) is the week's most-watched name. It reports Q4 2026 results Wednesday after the close. Bears are already positioned. MU attracted the heaviest negative options flow of any large-cap US stock over the past seven days. Its shares are up 279% year-to-date. That run has short sellers on edge. AMD draws similar caution — RSI sits at 73 after a near 200% YTD rally, and traders are paying up for put protection. Wednesday's Micron print will set the tone for the entire chip sector.
Eli Lilly is the week's standout long. JP Morgan raised its target to $1,500, reiterating Buy. Call options activity on LLY hit 100% positive flow in the past seven days. Short interest is just 0.8% of free float — bears are essentially absent. Vertex Pharmaceuticals also got a boost, with UBS lifting its target to $615. The contrast with McDonald's is sharp. Melius Research slapped a rare Sell on the fast-food giant with a $230 target. That's a significant downgrade for a $167 billion company.
Wolfspeed remains the most crowded short in the US. SI % of FF sits at 81.3% with zero available borrow. Days to cover stands at 11. There's no easy exit for bears. On the other side, Chewy shorts are retreating — SI fell 7 points to 65.7%, with borrow availability at a remarkable 452%. A sentiment shift here could ignite a squeeze.
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.
