Yesterday’s bullish options flow is crushing it today, with all 15 names in positive territory and the group averaging a solid 5.0% gain led by PANW’s 10.5% jump and NOW’s 10.0% pop. The bearish side is struggling to materialize, with only 10 of 15 names following through on their downside positioning and the group barely budging at minus 0.3% on average. Tech and software plays are the clear winners while discretionary and energy names are holding up better than the bearish flow suggested.
