Ready for the Next Intel: 7 Stocks Could Soar on Extraordinary Bullish Call Bets and Technical Strength

The stock market has jumped to new highs as the Fed restarts its monetary easing path, but not every stock will outperform the index. With AI enthusiasm driving large-cap names into double-digit returns, we discovered unusual bullish call activity in Intel on Tuesday, where the stock surged 23% following its expanded partnership with Nvidia. Alongside Intel, there are 7 other stocks showing encouraging option flow and technical strength heading into next week that investors should keep on watch.

Micron (MU): Shares of the memory chipmaker have soared in recent days on a wave of AI-related breakthroughs and growing analyst optimism ahead of earnings next Tuesday after the close. As the HBM3E supplier for Nvidia’s Hopper and Blackwell AI chips, and the leading U.S. memory producer, many believe MU could deliver blockbuster results similar to Oracle’s earnings surprise and potentially forge a deeper partnership like Nvidia and Intel. Despite a rally of more than 40 percent this month, there remain 14,000 out-of-the-money $190 calls expiring next Friday, the largest concentration of options into the print, reflecting aggressive bullish positioning. Even if you think expectations are stretched, the ongoing sentiment offers a freeride to hold shares into results. For those willing to take on more risk, a blowout could reward the YOLO bet.

Still, caution is warranted as MU’s RSI has now reached 97, signaling extreme bullishness. The last time it closed near this level was June 20, at 93.9, followed by a dip of more than 1% the next day.

Snowflake (SNOW): The data warehouse provider is benefiting from a successful pivot to help customers modernize data infrastructure for AI modeling, which has reignited growth after a stagnant period. Notably, there are 6,050 out-of-the-money $237.5 calls expiring next week, far outweighing the 782 contracts at the $220 strike, signaling that traders are positioning for an AI-driven move. While the stock has given back some post-earnings gains, it remains above key support, suggesting a potential reversal could be in play.

Adobe (ADBE): The design software leader has rebounded from recent lows, as investors bet AI-generated content will become more of an opportunity than a risk. Much like Google defending its AI-powered search against ChatGPT, Adobe could leverage AI to expand its business, at least in the eyes of the market. Option flow is leaning bullish, with 1,490 calls at the $372.5 strike and 1,014 at $380 expiring next Friday, compared with 503 at-the-money contracts. Technically, the stock is tracing a bullish higher-low and higher-high pattern and is hovering just below the key $372 resistance. A breakout above that level would confirm further upside momentum.

Meta: While the long-term impact of its AR glasses remains uncertain, the favorable AI environment continues to push the stock higher. Traders have accumulated 6,819 contracts of the $800 calls expiring next week, the most concentrated level of bullish exposure for the period. The put-call ratio has dropped to 0.44, underscoring a broad bullish tilt. The $800 level has been a stubborn resistance since mid-August, but if it breaks this time, the stock could establish a stronger bullish pattern.

Tesla (TSLA): Shares have pulled back slightly after Musk’s bold target of an $8.5 trillion market valuation built on robotaxi and humanoid bots, but that does not mean momentum has faded. Open interest shows 12,000 and 18,000 calls outstanding at the $450 and $470 strikes expiring next Friday, compared with just 3,338 at-the-money contracts. This suggests believers in Musk’s vision are still firmly in play, anticipating more surprises ahead.

Bank of America (BAC): Banking stocks have surged to new highs on Trump’s deregulation push and the Fed’s rate cuts, which support lending growth and an improved financial environment. BAC stands out, with 4,073 contracts remaining at the $54 strike expiring next week, nearly double the at-the-money calls. However, caution is advised as 4,915 puts are also outstanding at the $49 strike, suggesting volatility ahead for the stock.

Nebius (NBIS): The AI infrastructure firm has consolidated after its initial rally driven by a $19.4 billion contract with Microsoft, but momentum is building again. The Nvidia-backed name saw more than 4,000 contracts each at the $100 and $110 calls expiring next week, reflecting aggressive bullish positioning. With renewed AI momentum, the stock could once again challenge the $100 level, which would reinforce the bullish trend.