Two chip stocks are surging this week. Options traders bet one will keep going and one will falter

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Two of the semiconductor stocks that reported this week saw some big post-earnings moves and substantially above-average options trading activity.

Among the biggest winners were Wolfspeed Inc. and Advanced Micro Devices Inc. . AMD WOLF 5D mountain AMD vs Wolfspeed, 5 days Are options markets aligned with these spikes or fading them using them as opportunities to initiate new bearish positions? Betting against Wolfspeed Wolfspeed popped sharply after a modest topline beat. Wolfspeed "is a global leader in Silicon Carbide technology and RF semiconductors" that supplies the EV industry as well as telecom, military and aerospace.

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