Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Earnings season is the week's dominant options theme. JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley and UnitedHealth all report this week. The concentration of major prints is keeping implied volatility elevated across financials.
Micron Technology and NVIDIA top ORTEX's bullish options bet rankings for the past seven days. Semis are attracting the heaviest call-side flow, with and also drawing large positive bets. All four carry RSI readings between 50 and 62, suggesting the call buying is not yet stretched.
NRG Energy carries the highest ORTEX options score among large caps this week. The stock is down 32% year to date. That drawdown is pulling in unusual upside activity, with analyst return potential sitting at 71.8%.
Moderna is one to watch beyond earnings. ORTEX's Index Rebalance Radar puts the probability of MSCI re-entry at 81%. If that triggers, forced buying of $3.3B would follow. The MSCI ranking cut-off is 19 October. Moderna's RSI stands at 72 and the stock is up 663% year to date.
General Motors reports on 20 October. German car registration data, which ORTEX alt data shows leads GM revenue by 15 days, is running 133% above the same quarter last year across all three months of the period. That reading points positively into the Q3 print. GM options score is neutral, suggesting the market has not fully priced the upside signal.
GameStop holds the highest options score among retail names, with 7.6 days to cover and an RSI of 72.5. Short squeeze potential remains the driver of unusual activity there.
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.
