AI-linked energy names are ripping higher Tuesday, fueled by a surge of speculative options activity that’s overwhelmingly tilted toward calls. Traders are piling into short-dated contracts, and the flows are lighting up some of the sector’s smallest, most speculative players.
Oklo $OKLO ( ▲ 8.65% ) is up nearly 9 percent as of 10:10 a.m. ET, with a put/call ratio below 0.3 versus its 20-day average of 1.05. Bloom Energy $BE ( ▲ 10.32% ) is showing similar one-way traffic, sporting a 0.3 ratio compared to its 0.7 average. The most extreme move is coming from Plug Power $PLUG ( ▼ 1.99% ) the frequent meme-stock visitor is running on a put/call ratio of just 0.05, a steep drop from its already-low 0.2 average.
Traders are targeting near-term upside. The most active contracts for both Plug and Oklo are calls expiring Friday. For Bloom, the busiest contract expires on December 19.
It’s a sharp reversal for the group, which had been hammered since mid-October as speculative names sold off and rising credit risk crept into the AI trade. Today, at least, momentum is back on their side.