Options flow is pointing squarely at semiconductors. Micron Technology leads all US stocks for bullish options bets over the past seven days. The stock is up 169% year-to-date. Positive options flow is heavy. That signals traders expect more gains ahead.
NVIDIA sits right behind Micron. It carries 25 open expiry dates stretching to August 2026. Options chains are packed with near-term contracts. The stock is up 18% this year and RSI sits at 72 — elevated but not extreme. Traders are buying time on further AI upside.
AMD is running hot too. Shares are up 108% year-to-date. Its options score ranks in the top tier. Near-term expiries out to June are the busiest. That points to short-dated momentum bets rather than long hedges.
The macro backdrop is shaping the tone. The US sold 30-year bonds at 5% — the highest yield since 2007. That rattled rate-sensitive names. But chip traders are not flinching.
Intel stands out for a different reason. It is up 227% year-to-date. Yet negative options bets are among the highest in the market. Traders are hedging hard. That divergence between price and put volume is worth watching.
Away from semis, Centene Corporation tops the bullish options sentiment table. Its RSI is 83. Options activity has spiked around its upcoming Q1 results. Healthcare is seeing quiet but real positioning.
Live Nation Entertainment carries a days-to-cover of 10.3 and a short score of 66. Options activity there could reflect squeeze risk. The combination of heavy short interest and rising options volume is a setup traders track closely.
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.
