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Broadcom ($AVGO) attracted 17 significant trades totaling over $900K in premium. Despite the stock slipping nearly 3% today, the balance of trades leaned more toward calls than puts, with a slightly bullish edge. However, the stock is trending lower, its RSI is in the low 40s, and it's below all major moving averages — a setup that suggests caution unless a catalyst emerges.
Boeing ($BA) attracted 19 notable options trades, with a clear skew toward bearish sentiment. Roughly half the trades were bearish, and the technical picture supports the pessimism: $BA is in a downtrend, trading under all its key averages, and the RSI is treading water near 48. The market may be pricing in further weakness or headline risk.
Freeport-McMoRan ($FCX) showed a more optimistic profile. Of the 29 trades tracked, a majority had bullish expectations, and the notional value of calls exceeded puts by over $190K. The price is stabilizing, with RSI hovering above 42. While the long-term trend is still weak, this uptick in bullish options action hints at a possible reversal in sentiment — possibly in response to commodity moves or macro themes.
Tesla ($TSLA) had one of the more eye-catching moves, but not in a good way. The stock dropped nearly 6% today, and options flow was dominated by bearish positions. This is the kind of behavior that precedes larger moves — when high-volume players load up on puts ahead of significant news. The RSI is sinking below 40, and the stock is firmly in a downtrend, well below key moving averages. Something's likely brewing, and not in Tesla's favor.
Over in the gaming sector, Take-Two Interactive ($TTWO) posted a modest number of options trades, with sentiment evenly split between bulls and bears. The technicals are also indecisive, reflecting a sideways trend and RSI around 47. This is a "wait-and-see" story, where conviction remains elusive for now.
Workday ($WDAY) had duplicate activity today with eight recorded trades, split evenly between calls and puts. It’s trading in a downtrend with weak RSI in the 30s and below all key MAs. The options market here seems uncertain, and there's no clear signal to chase just yet.
Exxon Mobil ($XOM) rounds out the list with some intriguing movement. Whales leaned bullish, as the stock held relatively steady despite the overall red market. It’s stuck in a sideways pattern, but with a decent yield and options momentum building, it’s worth watching if energy sentiment turns.
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Please note that the content above should not be considered as investment advice or marketing. It does not take into account the personal data and requirements of any individual. This content is not a substitute for the reader's own judgment and should not be considered as advice or a recommendation for buying or selling any securities or financial products.
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