Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
The options market is pricing in a tense week ahead. Two earnings events dominate the tape as Tesla reports Q3 results on 21 October and General Motors follows the day before on 20 October.
Options bets on large US names are skewed heavily toward calls in the semiconductor space. NVIDIA, Micron Technology, and Advanced Micro Devices sit at the top of positive options flow rankings over the past seven days. Micron leads on both positive bet volume and options count, even as its RSI sits at 40.4, deep into oversold territory.
The macro backdrop adds urgency. US CPI hit 336.94 in September 2026, the largest September reading since records began in 1997, according to ORTEX Alt Data. Core CPI also set a record September high at 339.29. That combination is pushing traders to hedge across the board.
Tesla stands out ahead of its print. The stock is down 16.6% year-to-date. ORTEX's alt data tracking German car registrations, a measure with a 43-day lead on Tesla revenue with a strong historical fit, is running 269% above the same quarter a year ago. That reading is not a forecast for the quarter, but it adds an unusual tilt to the options setup going into Tuesday's release.
Vail Resorts shows the most negative options score among large caps this week. Its days-to-cover stands at 17.8. KKR is another name with a bearish tilt, down 31.6% year-to-date and carrying one of the lowest options scores in the $10 billion-plus universe.
Riot Platforms drew attention after announcing a custodial agreement with BitGo. Crypto-linked names typically see options volume spike on such news, and Riot's short score of around 50 puts it in a higher-risk category.
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.
