Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Options markets are flashing notable signals this week. Tesla is the clear focal point. Merger chatter between Tesla and SpaceX is getting louder, lifting ORTEX short interest to just 2.7% of free float. The cost to borrow sits at a rock-bottom 0.34% APR. That tells a clear story: bears are not piling in.
Trader attention is heavily front-loaded. TSLA options show 27 active expiry dates, with today's weekly expiry already in play. Elevated near-dated open interest signals tactical, event-driven positioning rather than directional hedging.
Nvidia carries even lower short interest at 1.2% of free float. Its options chain stretches all the way to September 2026 — unusually long. That breadth points to institutional players layering on multi-month exposure, likely ahead of its next product cycle.
Quantum computing names are generating fresh options buzz. IonQ and both attracted attention after the QTUM ETF crossed $5 billion in assets. Both names have options through August, offering room for event-driven plays.
eToro is the newest name drawing scrutiny. The fintech broker has options expiries through August. A high-impact senator trade story added noise. Watch June expiries for positioning clues.
TSLA's ORTEX total score holds at 67. Momentum sits at 53.7. That is steady — not euphoric — suggesting the options activity is speculative rather than trend-following conviction.
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 and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
