Options markets are flashing clear signals on April 30. Semiconductors dominate both bullish and bearish flow. Geopolitical risk is reshaping energy trades.
NVDA tops the bullish bets table for the 7-day period. The stock is up 12.2% year-to-date. Its RSI sits at 65, suggesting room to run. Options expiries stretch out through July, with near-term contracts expiring weekly — a sign of active hedging.
MU carries the heaviest negative options bets alongside NVDA and AMD. Micron is up 81.6% year-to-date. Bears are positioning via puts, likely hedging the sharp run-up into the next earnings cycle. AMD's RSI has climbed to 76 — elevated territory that often draws defensive put buyers.
Sandisk (SNDK) stands out. It has surged 348% year-to-date. Both bullish and bearish bets are heavy. That two-sided flow signals traders are uncertain where the stock lands after such a violent move.
Brent crude hit $126 on Strait of Hormuz supply fears before pulling back sharply. DVN and HAL both sit near 52-week highs. Devon is up 39% YTD. Halliburton has gained 48%. Options chains on both run through June — traders are positioned for sustained energy volatility tied to Middle East developments.
TSLA remains a two-sided story. Down 16.4% YTD, it draws both negative bets and call buyers hoping for a recovery. Upcoming Q1 results will be the key catalyst for resolution.
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.
