Semtech grabbed top options sentiment this week. The $9.8B semiconductor company surged 49% year to date drawing heavy trader positioning. RSI hit 71 showing overbought momentum yet options bets piled in.
AMGN Amgen ranked second despite subdued 5% yearly gains. The $188B biotech held dense May expiries suggesting event hedging ahead of Q1 results next week. Options flow showed defensive rotation into pharma.
GME GameStop appeared third with 25% YTD gains. The meme stock veteran held 76 short score yet options traders positioned bullish through June contracts. DTC climbed to 17 days signaling potential squeeze mechanics.
POET Technologies landed fourth spot after rocketing 139% in 2026. The $1.8B chip designer held 62 short score while RSI spiked to 81. Options sentiment diverged from fundamentals as momentum traders chased parabolic moves.
Nokia claimed sixth place for the third straight week. The Finnish telecom posted 62% yearly gains attracting sustained options interest. May through July expiries showed layered positioning across multiple months.
Jabil ranked seventh with 48% YTD gains and 78 RSI. The electronics manufacturer drew options flow despite extended technical readings. Tower Semiconductor appeared ninth after surging 71% attracting semiconductor sector rotation bets.
Chip names dominated seven of top ten slots showing concentrated options activity in semiconductors.
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.
