Options markets are flashing mixed signals this week. Semiconductors dominate both bullish and bearish bets. Two outliers are drawing unusual attention.
NVDA sits at the top of both positive and negative options bets over the past seven days. The stock is up 11.7% year-to-date. Traders are hedging hard in both directions with expiries stacked across April through July. That two-sided positioning reflects real uncertainty heading into its next results.
AMD tells a clearer story. Its RSI14 has hit 88.9 — deeply overbought territory. The stock has surged 62% year-to-date. Negative options bets rank among the highest in the market. That combination points to growing put activity from traders fading the rally.
INTC is another name worth watching. It has gained an eye-catching 124% year-to-date. Positive bets are among the highest in the US market. RSI14 stands at 82.2. Traders appear to be pressing the momentum — but the risk of a reversal is rising.
Away from semis, Avis Budget Group stands out. Its short score reads 75 out of 100 — a high squeeze risk. Days-to-cover stands at 8.8. Both positive and negative options bets are elevated relative to its market cap of $7.2bn. Analysts price in 41% downside. Yet the stock is up 59% year-to-date. Earnings are due soon. That combination of high short interest, heavy options activity, and a stretched price makes it one to watch for volatility.
GameStop carries a short score of 76 and DTC of 16.8 days. Options expiries run only to July. Call activity is notable for a stock with no near-term catalyst.
This is not financial advice.
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.
