Iran war chaos drove unusual airline options flow this week. ALK Alaska Air ranked second globally for options sentiment. The $4.7B carrier posted 27% analyst upside. Traders loaded May expiries ahead of Q1 earnings.
DAL Delta showed dense activity across ten expiry dates through July. The $46B airline held 61 RSI and 11% target upside. Geopolitical volatility triggered defensive positioning. AAL American Airlines absorbed flows despite down 17% in 2026.
Semiconductor names dominated top spots. AXT led all stocks for options score surging 405% year to date. The $4.4B chip maker showed 68 RSI indicating momentum. Amkor Technology ranked third climbing 71% with July chains active.
LMT Lockheed grabbed attention after Peru deferred $3.5B fighter jet deal. Australia sealed a $6.5B warship order with Japan. The $140B defense giant showed 13% upside yet RSI dropped to 36 signaling oversold territory.
Bitcoin miners CleanSpark and Cipher Digital appeared in top ten. Both posted 62% upside potential per analysts. Options traders positioned for energy price volatility as oil spiked.
Nokia held strength for second straight week. The $57B Finnish telecom climbed 59% in 2026 drawing conviction bets. RSI hit 73 showing overbought levels yet flows persisted through June expiries.
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.
