JBLU JetBlue merger speculation ignited unusual options positioning today. The carrier explored tie-ups with UAL United and ALK Alaska per Semafor exclusive. Weekly expiries packed Friday's chain showing event-driven conviction.
Energy names dominated options sentiment rankings as Iran war stretched supply chains. Occidental topped scores with RSI at 75 showing overbought momentum. Devon Energy grabbed third place with 76 RSI and 33% year-to-date gains. Marathon Petroleum climbed into top five despite 8% analyst downside.
SPY held 45 separate expiry dates through July reflecting extreme hedging demand. Daily expiries through April 2 showed traders positioned for Fed volatility and geopolitical shocks.
SMCI Super Micro grabbed headlines amid tech sector rotation. The server maker showed dense April expiries suggesting mixed directional bets. CLX Clorox absorbed bullish flow after activist Joe Harrington announced stake live on CNBC.
BX Blackstone options activity spiked following $1.78B Indian cricket team acquisition. The alternative asset manager triggered cross-asset positioning as global deal flow accelerated despite market chaos.
Airline merger plays and energy hedges defined Wednesday's flow.
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.
