Calls are dominating flow across several high-momentum names. Three stocks stand out for unusual options sentiment shifts today.
TECL, the 3x leveraged tech ETF, is attracting aggressive call buying as the broader tech rally extends. Traders are chasing upside exposure. The next expiry falls on June 1 — just two days away. That urgency signals strong near-term conviction on the bull side.
AUR is seeing shorts retreat at the same time options sentiment firms. The autonomous vehicle stock carries 13.9% short interest as a percentage of free float. Shorts covering into bullish options flow is a classic squeeze setup. Availability stands at 210% of SI — meaning plenty of shares remain borrowable, so the squeeze thesis is not yet crowded.
IONQ tells a different story. Short interest sits at 19.4% of free float. Availability is just 12.3% of SI — borrow is extremely tight. Options hedging is rising as short covering continues. That combination raises near-term volatility risk heading into June expiries.
SAIC heads into Monday's earnings with a year-low put/call ratio. That is a rare bullish signal. When options traders abandon puts before a print, it often reflects strong confidence in the result.
FIVN shows a split: shorts are rebuilding while call buyers are pushing the stock higher. At 15.5% SI % FF, short interest is elevated. Call buyers willing to fight that level of short pressure deserve attention.
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.
