Options flow this week points to a clear split in market conviction. Bullish bets dominate semiconductors. Bearish pressure is building in Chinese EV names.
NVDA tops the week's positive options bets across all US stocks. AMD follows close behind, with RSI already at 79.8 — a sign of stretched momentum that options traders seem willing to bet on. MXL — MaxLinear — stands out as the biggest options score leader among mid-caps. The stock is up 343% year-to-date. Its May and June expiries are seeing elevated activity. Analysts are bearish with a -33% return potential, but the options market disagrees.
XPEV carries one of the highest short scores at 69.8. The stock is down 22% this year. Options expiries run through July, with DTC at 8 days. NIO also draws attention. Its short score sits at 61.6. Both Chinese EV names show elevated negative options bets over the past week.
Lowe's tops the negative options score list. ONEOK has a striking 15.6 DTC — the highest in the bearish options group. Infosys rounds out notable bearish flow. It is down 30% year-to-date and carries a 74.4 short score.
Wolfspeed is a name to watch. Up 111% YTD with a 75.5 short score and 7.4 DTC. Options run through June. Bears and bulls are fighting hard over this one.
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.
