Options markets are flashing a split signal today. Semiconductor names dominate bullish flow. Energy stocks are drawing heavy defensive positioning as the Middle East conflict keeps oil volatile.
NVDA sits atop the 7-day positive options bets leaderboard. MU and AMD follow closely behind. All three show RSI readings above 65, confirming momentum backs the call-heavy flow. INTC stands out further — its RSI hit 86. The stock is up 157% year-to-date. Options traders are piling into calls ahead of Q1 results.
SNDK (Sandisk) ranks first for both bullish and bearish options bets this week. That two-way flow suggests traders are hedging rather than picking a direction. The stock is up 348% year-to-date — extreme moves attract extreme options activity.
DVN and HAL options chains lit up this week. Devon is up 39% year-to-date. Halliburton is up 48%. Both are direct plays on oil prices. Brent crude surged to $126 on Strait of Hormuz supply fears before pulling back sharply. That kind of intraday volatility drives hedging flows into near-term expiries. Both DVN and HAL options ladder out only to July, a sign traders are focused on short-term outcomes.
AMGN leads healthcare names with an options score placing it among the highest-sentiment stocks this week. Its RSI sits at just 37 — deeply oversold territory. That combination of low RSI and bullish options flow signals traders may be positioning for a snap-back ahead of Q1 results.
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.
