Yesterday's bullish options flow is delivering strong follow-through today, with semiconductor and tech names leading the charge - ARM, SOXL, and DELL all up over 4% and the entire bullish basket averaging a 2.6% gain with all 15 names positive. The bearish positioning is largely holding up, though with minimal conviction; only 10 of 15 names are following through lower and the group is barely down 0.2% on average, suggesting weak downside pressure. The tech strength is clearly dominating the tape.
