Dow Chemical topped options sentiment rankings this week. The $27B chemicals giant jumped 60% year to date grabbing trader conviction. RSI hit 69 showing momentum while 1.6 days to cover indicated light short positioning.
SOC Sable Offshore claimed third with massive bullish flow. The $2.5B energy name posted 90% yearly gains as oil spiked above $100 on Iran war supply disruption. Traders positioned for extended volatility with 51% analyst upside still on table. Short score reached 72 yet options bets showed conviction.
Occidental Petroleum and Marathon Petroleum both cracked the top seven with heavy activity. The oil majors posted 42% and 45% year to date gains respectively. RSI levels above 72 indicated overbought territory yet traders piled into calls betting on prolonged energy shock.
Nokia held fourth place as the $47B telecom drew sustained interest. The Finnish giant gained 28% in 2026 with RSI at 61 showing balanced momentum. IRM Iron Mountain grabbed sixth with 17% analyst upside and 3.4% dividend yield attracting defensive flows.
Devon Energy appeared in ninth with 31% yearly gains and 2.5% yield. The $30B producer held 1.1 DTC suggesting minimal short pressure. Teradyne ranked tenth as the $47B chip tester posted 55% gains on AI infrastructure demand.
SPY showed daily expiries through June reflecting heightened hedging demand as markets absorbed Middle East chaos.
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.
