Confluence — 761 total
XLY is sending mixed signals. Short sellers have cut their positions sharply. Yet options traders are still piling into downside protection at an extreme rate. Since the July 22 note flagged shorts rebuilding alongside…
Options traders are piling into puts on USFD even as short sellers retreat. The divergence sets up an interesting pre-earnings picture for US Foods Holding Corp. The put-call ratio hit 1.38 on July 28. That is 2.14…
Three distinct signals aligned on EQNR over the past 48 hours. Short interest fell sharply. Borrow costs rose. The put/call ratio hit a 52-week extreme. Together, they paint an unusual picture for the Norwegian energy…
AT&T has climbed 10.8% in a week to $24.66. The options market is now more call-heavy than at any point in the past year. Short sellers are still closing positions. All three signals are moving in the same…
Options traders are betting bullishly on CSTM heading into today's earnings. The put-call ratio has dropped to 0.38 — a 2-year low. That's 2.6 standard deviations below its 20-day mean, a statistically extreme lean…
Options traders turned sharply defensive on Tuesday. SPY put-call ratio jumped to 1.99 — a z-score of 2.14, the highest in weeks. That's happening even as the short sellers who drove the prior cycle have nearly…
Three data streams on REXR are now pointing the same direction. Call buyers have surged in. Short sellers continue to exit. The borrow market has loosened dramatically. Post-earnings, the picture looks notably more…
Options traders are loading up on downside protection. The put-call ratio hit 2.08 on July 27 — a two-week high with a Z-score of 2.24 against the 20-day mean of 1.99. Earnings are due August 7. The stock closed at…
Kforce Inc. reported Q2 earnings on July 27. The signals that pointed to a bullish setup ahead of that print have now resolved. Short sellers have cut further, the borrow market has loosened sharply, and call…
The bear retreat in UNG has deepened further. Short interest has now fallen to 5.6% of free float, down 29% week-on-week. That extends the unwind flagged in last week's note, which itself had already pulled back from…
The lending market for IONQ has reached a critical point. Availability has collapsed to just 1.25% — meaning only one share is available to borrow for every 80 already lent out. That is a 95% drop in a single week. At…
The XLC Communication Services ETF is sending a consistent message across three data streams. Bears have been retreating for weeks. Now options traders are joining that view. The put-call ratio dropped to 5.22 on July…
Short sellers have cut their CTSH position by 15.2% in a single week. The stock gained 5.7% in the same period. With earnings due July 29, options traders are leaning bullish — but analysts keep trimming targets. Short…
A convergence report published earlier today already covered the core mechanics. The data has moved further in the same direction. This update focuses on what has changed since that note. Why this matters: Short…
Three separate data streams are now pointing the same direction on D.R. Horton. Short interest jumped, options hedging held elevated, and the cost to borrow ticked higher — all within the same week that the stock fell…
Short sellers are stepping back from BCH at pace. Borrow costs halved in a week. Availability has opened up sharply. And options positioning has shifted — all as earnings loom on July 31. Short interest in Banco de…
AMP just reported Q2 results. The stock is up 1.7% on the day. Yet options traders have quietly shifted defensive since the print. The put/call ratio hit 0.42 on July 24. That's 2.1 standard deviations above its 20-day…
Three signals converged on GFI this week. Short interest jumped sharply. The put-call ratio hit a near four-week high. Analysts cut price targets. Yet the lending market remains wide open — a nuance worth…
Three signals converged on GRPN today. Short interest jumped. The borrow pool dried up completely. And options traders are buying calls at the fastest pace in a year. Each one would be notable in isolation. Together,…
SPCX has reported every record since listing in this space. The borrow market has not changed. What has changed is the clock — earnings land August 4, and the analyst community is anything but unified. Ten analysts…
