Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Q3 earnings season opens this week. Banks and big pharma dominate the calendar, and options positioning is already shifting.
UNH, WFC, BAC, JNJ and STT all report in the coming days. Negative options bets have clustered around names tied to geopolitical and rate sensitivity. MDT and HTZ drew bearish attention this week, with put activity rising ahead of their prints.
Semiconductors dominate the bullish side. MU tops the positive-bets screen for the seventh consecutive session. NVDA, AMD and INTC all sit alongside it. Chip stocks fell sharply in Asia overnight, so volatility into expiry is a real risk.
APP drew a downgrade from Wall Street this week. Its options score has turned negative. Analysts cut the target just as call-side open interest was building, a painful setup for bulls.
WAB moved in the opposite direction. Analysts hiked their target. The options screen shows positive sentiment building, with the 7-day positive bets count rising.
TSLA is down nearly 16% year-to-date. It heads into a Q3 report with a mixed options picture. The RSI sits at 57.7, neither overbought nor oversold.
Japan's NC machine tool orders surged 63% year-on-year in August, according to ORTEX Alt Data. That pace of industrial acceleration tends to lift earnings expectations for equipment and semiconductor supply chains further down the line.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
