Options defensiveness is deepening across several names ahead of key summer catalysts. Three stocks stand out with unusual signals today.
GME is drawing renewed attention. An upcoming investor call has triggered a defensive put-loading pattern. Short interest sits at 13.3% of free float. Options expiries cluster around June 12 and June 18. Bears appear to be positioning for volatility well before those dates.
CRWV faces its June 8 earnings print with short interest at 17.8% of free float. The CEO sold into recent weakness. Shorts have been reloading. Options chains run out to August, suggesting traders expect a drawn-out reaction. Availability of shares to borrow is very high at 567%, meaning bears can still add easily.
BBAI enters earnings with the most extreme setup. Short interest stands at 26.5% of free float. Cost to borrow is 2.5%. Availability has collapsed to just 2.3% of short interest. Bears are in firm control but the squeeze risk is real if earnings surprise.
CME flips the script. Options sentiment is turning bullish ahead of its Q2 print. Short interest is only 1.3% of free float. Options expiries extend into August, pointing to patient bullish positioning.
Nasdaq chip stocks also saw a 4% rout this week. NVDA short interest remains minimal at 1.3% of free float, suggesting the selloff is price-driven rather than short-led.
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.
