Now I have rich context. Let me synthesize key signals: Iran war driving oil/defense options interest, semis like Micron, AMD, SandDisk seeing heavy negative bets, while healthcare, defense, and REITs seeing bullish flow. Corning's 137% YTD gain and high options positive score is standout. Let me write the article.

Semis Bear the Brunt of Options Selling

Bearish options bets are flooding the semiconductor sector. MU leads in negative options flow over the past seven days. AMD and INTC are close behind. All three have surged 100%+ year-to-date, attracting put buyers looking to hedge rich gains.

SNDK — up 552% year-to-date — shows the most extreme negative options bet volume among mid-caps. Traders appear unconvinced the rally can hold.

Defense and Industrials Flip Bullish

The Iran war backdrop is reshaping sector sentiment fast. GD, HCA, and PLD all show 100% positive options flow over the past week. Call positioning has dominated, with near-term expiries (May 22 and June 18) seeing the most activity.

CB and MMC — both insurance giants — hit 100% positive options scores. Rising geopolitical risk typically lifts property and casualty demand, and options traders are pricing that in.

Gold Stays Active as Safe-Haven Bets Pile Up

GLD has the most densely packed expiry calendar of the energy and commodity ETFs tracked. Options chains run through August 21. Weekly expiries are active — a sign of active speculative positioning, not just passive hedging.

XOM puts at the $85 strike for June 18 hold over 3,100 contracts in open interest. That's a notable downside hedge given oil price volatility linked to the Strait of Hormuz closure headlines.

Corning Stands Out

GLW is up 137% year-to-date. Its options expiry ladder now runs weekly out to August. That kind of chain density signals elevated institutional interest. Options activity on Corning bears watching closely into May expiry.

This note is for informational purposes only and does not constitute financial advice.