Options flow is skewing bullish in the semiconductor sector. MACOM Technology Solutions tops the ORTEX options score rankings this week. The stock is up 119% year-to-date. Its RSI sits at 78. Traders are piling into near-term calls ahead of its Q2 2026 earnings call.
FormFactor is close behind. Shares are up 126% YTD. Options activity jumped sharply before its Q1 earnings event. The positive bet ratio on both names is well above the broader market average.
CVS Health and Centene rank among the top options score names outside tech. CVS carries an RSI of 74 and is up 21% this year. Centene's RSI hit 81 — one of the most overbought large-caps in the screen. Both have Q1 earnings calls on the horizon. That timing is drawing options volume in fast.
GameStop remains a standout for unusual options activity. Its short score is 77 out of 100. Days to cover stands at a massive 17.9. That combination keeps options premiums elevated. Analysts see 37% downside. Yet call activity persists — classic squeeze setup tension.
Bullish options bets are concentrated in names with strong recent price momentum. Micron and Intel also drew heavy positive options flow over the past week. Both are deep in the semiconductor space, both up sharply YTD. The next cluster of earnings calls will be the real test for whether this call-heavy positioning pays off.
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.
