Devon Energy topped options rankings as the $32B oil producer grabbed trader attention. The stock surged 37% year to date on Middle East supply chaos. RSI hit 67 showing momentum while maintaining 1.9 days to cover.
United Therapeutics claimed second place with $26B market cap. The biotech jumped 22% in 2026 drawing options flow. Five days to cover indicated moderate short interest. Analysts pegged 5% upside potential.
Electronic Arts ranked third despite flat yearly performance. The $51B gaming giant held dense expiry calendars through June. Options activity spiked ahead of Q3 results as takeover speculation persisted.
Occidental Petroleum grabbed fourth with 61% gains driving options interest. The $64B energy name absorbed defensive positioning as Brent crude held above $95. Short interest remained light at 0.75 DTC.
SPY showed the densest options calendar with 48 separate expiries through July reflecting extreme hedging demand. Daily expiries through April 17 indicated elevated volatility expectations. QQQ mirrored the pattern as tech absorbed Iran war pressure.
GameStop appeared in eighth place despite negative analyst sentiment. The meme stock held 78 short score and 18.6 DTC yet drew options positioning.
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.
