Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Options markets are in focus ahead of a bank-heavy earnings week. JPMorgan Chase hit an RSI of 32 this week. That is deeply oversold territory for the largest US bank by assets. The stock is up just 2.3% year-to-date and reports Q3 results imminently.
Delta Air Lines kicked off the earnings season Friday with confirmed results. Short interest sits at 3.5% of free float, low enough that options bears would need a catalyst to press harder.
AppLovin is where put activity looks most justified. Jefferies slashed its price target by $175, a steep cut on a stock already down 58% in 2026. The RSI stands at 37, near oversold levels. Analysts still see 76% upside to consensus targets. That wide gap between bearish price action and bullish analyst views often draws heavy two-sided options flow.
In telecom, SpaceX acquiring lower-frequency spectrum grabbed headlines, flagged as a major development by commentators including Jim Cramer. and both trade well below analyst targets, with TMUS showing 44% implied upside. Options players may position around any regulatory response.
NVIDIA insider selling made headlines, though short interest remains just 1.3% of free float. The stock's ORTEX stock score of 87 keeps bulls in the options mix despite the insider noise.
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.
