Options flow told a clear story this week. Bullish bets piled into semiconductors. Bearish pressure mounted on real estate and insurance.
NVDA Nvidia led all names in positive options bets over seven days. The $5T chip giant posted RSI of 71.5. Bulls were active ahead of its next earnings. AMD Advanced Micro Devices followed close behind. Its RSI hit 88.9 — the most overbought reading across the large-cap universe. Options traders have built aggressive call positions into Q1 earnings.
MU Micron joined the bullish semiconductor cluster. The stock is up 74% year-to-date. Call dominance was sustained across near-term expiries.
TSLA Tesla drew the heaviest two-way flow of any mega-cap. Negative bets ranked third overall. Positive bets ranked fourth. The split reflects deep disagreement ahead of Q1 results.
The starkest bearish signals came from real estate. WELL Welltower and PLD Prologis both hit 0% positive options flow over seven days. All recorded options activity was negative. Both REITs face rising rate fears as oil-driven inflation pressure persists.
MSFT Microsoft absorbed heavy negative bets despite 35% analyst upside potential. It is down 12% year-to-date. Traders are hedging ahead of Q3 results.
CAR Avis Budget drew extreme two-sided flow. Its short score is 75. DTC stands at 8.8 days. Both bulls and bears are fighting over a stock up 59% this year with deeply divided sentiment.
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.
