Options traders are turning bullish on HOOD after Robinhood Markets unveiled AI-powered stock trading and credit card-funded purchases. The news, reported by Bloomberg on May 27, drove a sharp pickup in near-term call activity on the stock.
HOOD carries a market cap of $58.3 billion. Short interest sits at just 4.2% of free float. Availability of shares to borrow is an extreme 2,320% — meaning there is no squeeze risk here. The options market is the real story.
HOOD has active expiries running through August 2026. Near-dated contracts at May 29 and June 5 are seeing the most activity. That short-dated focus points to traders betting on an immediate move from the AI news catalyst rather than taking longer-term positions.
BBY is another name drawing options attention ahead of Q1 earnings. Short interest stands at 9.4% of free float. The June 16 weekly expiry stands out as an unusual addition to BBY's chain — a sign that traders are positioning around the earnings date specifically.
DBRG jumped into the spotlight after announcing a $1.05 billion acquisition of ArcLight Capital Partners. Short interest is 10.8% of free float. Options chain extends to July 17, with activity concentrated around near-term strikes.
Broader crypto-adjacent names like MSTR and COIN also show dense options chains. A SpaceX bitcoin story circulated today linking both names. MSTR has unusual mid-week expiry dates — June 11 and June 22 — suggesting targeted hedging rather than plain directional bets.
The clearest options signal today is HOOD. The AI trading announcement is fresh. Near-term calls are cheap. Traders are buying now and asking questions later.
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.
