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By ORTEX News · Edited by , Editor, ORTEX NewsUpdated 1 min read

Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish

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Perfect! Now I have comprehensive data. Let me create the article focusing on unusual options activity and avoiding the excluded tickers.

Chip Stocks Lead Options Bets

SMTC Semtech topped options sentiment rankings this week. The $9.8B semiconductor firm surged 49% year to date drawing heavy bullish positioning. RSI hit 70.67 showing overbought momentum as traders piled in through May expiries.

AMGN Amgen claimed second place with massive $188B market cap. The biotech giant grabbed unusual attention despite modest 5.3% yearly gains. Traders positioned through June contracts as Q1 results approach.

GME GameStop ranked third showing renewed meme stock fever. The $11.2B retailer jumped 24.5% in 2026 while holding 76 short score. Dense option chains through July suggested traders betting on volatility ahead of Q4 results.

POET Technologies appeared fourth with explosive 138% YTD surge. The $1.8B chip stock held 81 RSI indicating extreme overbought conditions. Options bets reflected momentum chasing rather than defensive hedging.

DOCN DigitalOcean grabbed fifth with 98% yearly gains. The $10B cloud firm showed 63 short score yet attracted bullish options flow. NOK Nokia held sixth after soaring 62% attracting sustained interest for the second consecutive week.

Semiconductor and tech names dominated the top ten displacing traditional defensive plays. Dense expiry calendars through June indicated elevated hedging demand across growth sectors.

How this article was generated

Generated
26 Apr 2026, 08:43
Prompt version
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Data sources
Options flowORTEX Alpha signalsAlt DataIndex Rebalance

ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.