Options flow is sending mixed signals across sectors this week. Several names are drawing both aggressive call and put activity simultaneously — a sign of elevated uncertainty ahead of upcoming earnings prints.
Cell tower REITs are drawing notable bearish attention. AMT — American Tower — has options running out to August. ORTEX signals warn of bears building positions ahead of its Q1 print. Its RSI sits at just 38.6, near oversold levels. CCI — Crown Castle — shows a similar pattern. Both names are down roughly 2.5% year-to-date. Analysts see 14-27% upside, but the options market is not convinced yet.
SNOW heads into its Q1 report with a cluster of near-term expiries stacked at May 22 and May 28. The stock is down 28% year-to-date. Analysts price in nearly 46% upside. That divergence between price action and analyst targets is drawing two-way options flow around the print.
MU — Micron Technology — tops the bearish negative-bets leaderboard this week among mid-caps. Despite a 154% YTD surge, put flow is picking up. and also dominate positive bets, reflecting continued bullish sentiment in AI-linked chips.
MSTR — Strategy Inc — appears in both the top positive and top negative bets lists. Short score sits at 59.7. Analysts price in a stunning 114% upside. Options traders are clearly split on the Bitcoin proxy.
This article is for informational purposes only and 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.
