Options flow is sending sharp divergence signals across sectors this week. Bullish bets dominate health care and semiconductors. Bearish pressure is building in retail and entertainment.
Centene Corporation tops the ORTEX options score ranking. The managed-care insurer is up 43% year-to-date. Its RSI sits at 83.5 — well into overbought territory. Options traders are still leaning bullish into an upcoming Q1 earnings print. That's a bold stance at these levels.
Semiconductor names are also drawing heavy call-side interest. MACOM Technology Solutions has surged 123% YTD. FormFactor is up 132%. Both carry elevated options scores and RSIs above 80, signalling momentum chasers piling into calls. Everspin Technologies is the most extreme case — up 347% YTD with an RSI of 84.
On the bearish side, Lowe's Companies shows a 0% positive options bet reading over the past week. The home improvement retailer is down 8.6% YTD. Its RSI sits at 35. Traders are positioning for further weakness ahead of earnings. is the most beaten-down name on the bearish list. The stock has fallen 49% YTD. Its RSI is just 21.
QXO stands out as a contrarian trade. Short sellers hold a 22-day DTC. The short score is 81. Yet its options score is near the top of the bullish ranking. Unusual call-side interest is building against one of the market's most heavily shorted names — a potential squeeze setup worth watching.
Expiry calendars for TSLA and NVDA show active chains running into August 2026. Near-term weekly expiries dominate volume, reflecting trader preference for short-dated positioning in a volatile macro backdrop.
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.
