AXT grabbed top options sentiment as the $4.2B semiconductor surged 359% year to date. Traders piled into calls despite 54 short score showing mixed conviction. The chip maker held dense expiry calendars through July.
TSLA Tesla posted earnings tonight showing revenue miss but EPS beat. Options chains exploded across 27 expiries extending through July 28. The stock absorbed massive hedging flows as FSD hit records while Semi and Cybercab timelines softened.
Alaska Air Group claimed second place despite dropping 18% in 2026. The carrier held 38.5% analyst upside potential drawing bullish bets. Traders positioned through near-term expiries betting on recovery.
GameStop ranked fourth with options activity spiking again. The $11B meme stock jumped 22% this year absorbing 76 short score. Days to cover hit 17 showing extreme bear positioning yet options traders bet both ways through dense chains.
NOW ServiceNow tumbled after Q1 results flagged delayed deals due to Middle East conflict. Nine expiry dates showed traders scrambling to price geopolitical risk into enterprise software names.
Semiconductor names dominated the top ten with POET Technologies and Semtech both showing elevated options interest. Chips faced dual pressures from earnings volatility and war supply concerns.
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.
