Semiconductor names are dominating both bullish and bearish options flow this week. The signals suggest traders are repositioning fast.
MU tops the bullish options sweep table. The stock is up 124% year-to-date. Call bets are running at their highest level in months. SANDISK is close behind, surging 492% YTD with a matching spike in positive options flow.
AMD and NVDA also sit high on the call-flow list. Both are posting RSI readings above 80. That signals overbought conditions. Yet traders keep buying upside exposure.
The bear side tells a different story. NVDA, TSLA and META lead negative bets volume over seven days. INTC sits among the heaviest put-volume names despite rallying 193% this year. That divergence is a classic fade signal. Traders may be hedging a stretched rally.
XYZ — Block Inc — is also drawing options attention after posting Q2 EPS guidance above estimates. Calls are active around the May expiry cluster.
Among the biggest options score movers, Marathon Petroleum leads this week. The energy giant is up 60% YTD. Options bets on further upside are climbing.
One standout: Cytokinetics has a short score of 61.7 and active options expiries through June. A squeeze setup is forming there.
This article is for informational purposes only and does not constitute 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.
