Oil stocks dominated options sentiment as Iran war entered its third week. Energy names claimed seven of the top 15 options score slots showing trader conviction on extended conflict. Golar LNG led with 76 RSI reflecting overbought momentum on LNG export demand.
Occidental Petroleum and Devon Energy grabbed second and third positions respectively. Both posted 74-plus RSI readings as crude held above $95. Marathon Petroleum and Equinor rounded out the top five with Devon showing rare 6.8% upside potential despite sector heat.
SMCI Super Micro absorbed a securities fraud lawsuit today alleging China sales cover-ups and chip smuggling. The stock showed eight active expiries through June suggesting hedging activity persisted despite legal pressure. NVDA Nvidia maintained 28 expiry dates the densest calendar among mega-caps.
Defensive rotation appeared in options positioning. Insurance names Chubb and Progressive posted 100% positive bet percentages over seven days. Waste Management and Republic Services showed identical sentiment suggesting haven rotation from tech volatility.
TSLA Tesla and AMD AMD held dense April expiry clusters. COIN Coinbase showed active June positioning as Morgan Stanley's Bitcoin ETF grabbed NYSE listing announcement.
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.
