GSAT Globalstar options exploded today after FCC Chair Brendan Carr signaled approval for the AMZN Amazon partnership deal. The satellite play drew massive trader attention as the space internet race against SpaceX heated up.
Amazon holds 25 expiry dates through July showing dense hedging activity. The e-commerce giant's satellite ambitions triggered broad positioning across telecom names. ASTS AST SpaceMobile grabbed nine expiries as the satellite infrastructure buildout accelerated.
Aehr Test Systems topped options sentiment rankings among chip equipment makers. The $2.2B tester soared 249% year to date with RSI hitting 77 signaling overbought territory. Traders piled into short-dated calls despite extreme momentum.
Texas Pacific Land held second place as oil volatility drove energy hedging. The $28B royalty play grabbed extended expiry interest through summer months. Iran war supply disruption kept crude above $95 sustaining defensive positioning.
Powell Industries ranked third with 117% yearly gains drawing bullish bets. The electrical equipment maker hit 72 RSI as infrastructure spending accelerated. Live Nation grabbed attention with 12.4 days to cover showing heavy short pressure amid entertainment sector uncertainty.
SPY and QQQ maintained massive expiry calendars reflecting sustained index hedging demand.
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.
