Options traders are pressing hard on the bullish side ahead of a cluster of earnings events. Several names show sharp sentiment shifts backed by meaningful short interest readings.
HOOD — Robinhood Markets — leads the call-wave narrative. ORTEX momentum scores jumped to 45.3 on May 29, up from 32.7 just days earlier. That's the sharpest single-session momentum spike in over a month. Near-term expiries crowd the June 5 and June 12 dates, signalling traders are pricing in a big post-earnings move. Short interest sits at just 4.8% of free float, leaving room for a squeeze if results impress.
CRWD — CrowdStrike — trades above every analyst target it just received. That's an unusual technical signal. Its SI % FF is a modest 2.9%, and with availability at nearly 5,921% of short interest, bears have ample borrow. Options expiries cluster at June 18 and July 17, suggesting traders are leaning toward a longer-dated outcome.
JOBY is the outlier. Short interest at 12.8% of free float is the highest in this group. Yet options sentiment is flipping bullish. Availability of just 60% signals borrow is tightening fast. A squeeze setup is building quietly.
DG — Dollar General — tells the bearish story. Bears reload after a Q1 miss. The June 5 expiry sees elevated put activity as traders position for further downside. SI % FF is 4%, with fresh positioning accelerating.
HQY rounds out the bullish camp. Analysts raised targets ahead of the June print. Options flipped positive. At 5.7% short interest, a catalyst could drive sharp upside.
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.
