Options flow for May 7 2026 showed heavy premium concentration in tech and industrial names. $LITE opened the session with multiple large‑scale sweeps — the biggest at $1,050 puts expiring Jan 2027 for $65M — followed by another $38M buy sweep on $800 calls, signaling aggressive two‑way positioning. Semiconductors dominated with $TSM’s $38M put sweep at $400 (Dec 2026) and several $SIMO call sweeps between $135 – $140 strikes totaling over $50M in premium. $MU added $18M in long‑dated $700 puts (Jan 2027), rounding out a very active chip tape. Outside tech, $ETN printed offsetting $16M call and sell sweeps, while $CAT and $CVNA each contributed $10–12M in tactical buys. Overall tone: highly engaged, with broad two‑sided interest showing traders rotating exposure within semis and cyclicals rather than chasing unilateral momentum.