Aehr Test Systems topped options sentiment rankings this week. The $2.2B chip tester surged 249% year to date drawing massive bullish positioning. RSI hit 77 showing extreme momentum as traders piled into extended expiries.
Powell Industries grabbed second place as the $8.4B electrical equipment maker posted 117% yearly gains. Options score remained elevated while RSI reached 72 signaling overbought conditions. Defense infrastructure demand fueled conviction bets.
Texas Pacific Land claimed third with oil prices surging past $100. The $28B energy play held dense May and June expiry calendars as traders positioned for extended Iran war volatility. Short score stayed at 58 despite 43% YTD gains.
Firefly Aerospace appeared in fourth as the $6B defense contractor absorbed unusual activity. The aerospace name jumped 68% in 2026 drawing war-driven hedging flows.
Nokia held fifth for consecutive weeks. The $53B Finnish telecom posted 46% yearly gains with RSI at 71 showing persistent buying pressure. Options positioning suggested traders expected continued rally momentum.
SPY showed daily expiries through July reflecting extreme hedging demand. Cruise lines NCLH and RCL maintained active options calendars despite Alaska landslide news pressuring leisure travel sentiment.
Defense metals and chips dominated positioning as geopolitical chaos persisted.
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.
