Options Flow — July 9, 2026 | Pushing Profits

Market Overview On July 9, 2026, the options market revealed a bullish sentiment with total bullish premium amounting to $229.0 million, surpassing the total bearish premium of $159.1 million. This landscape suggests that traders are favoring upward movement in the markets, which may indicate growing confidence. Notably, the QQQ options drew attention with a significant bullish trade of $16.5 million on a call at $720, reflecting strong demand for technology sector moves. Additionally, a bearish sentiment was highlighted by an identical trade of $10.3 million on IWM put options at $280, suggesting some traders are hedging against potential downturns. The activity in Micron Technology (MU) is particularly interesting, with multiple bullish trades across different strike prices. The largest among these was $10.1 million on a call at $1100, indicating optimism about the company’s potential growth prospects. Overall, the mix of bullish and bearish trades demonstrates the market's cautious optimism. Traders should keep an eye on the volatility as earnings season approaches, influencing sentiment and potential price movements.