The options market is flashing bullish signals across semiconductors. Micron Technology and Sandisk Corporation both rank at the top for bullish options bets over the past seven days. Both stocks have soared year-to-date — Micron up 162%, Sandisk an eye-catching 558%.
Advanced Micro Devices sits close behind. AMD is up 113% in 2026. RSI sits at 81, deep in overbought territory. Options flow is strongly bullish. That suggests traders are pressing gains rather than hedging.
Intel tells a different story. It leads the screen for negative options bets over the last seven days. Shares are up 197% year-to-date after a dramatic recovery. Yet put activity is picking up. That may signal profit-taking pressure or fear that the rally has run too far.
Alphabet stands out on total options volume. GOOGL carries a dense expiry ladder running through August 2026 — daily expiries this week suggest short-term event positioning. Options bets are split but total activity is elevated.
On the earnings-watch side, heads into its May print with bulls holding the edge. Its options chain spans ten expiries through July. traders are also bullish ahead of Q4 results. shows 100% positive options sentiment over seven days — notable given the stock is down nearly 7% year-to-date.
The dominant theme: semiconductor bulls are buying calls deep into the summer. Bears are quietly buying Intel puts. Watch expiries on May 15 — nearly every major name has contracts rolling off that date.
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.
