Scott Rubner of Citadel Securities said the recent selloff in technology stocks presents a buying opportunity for investors [1].
This perspective is significant because it suggests that the volatility in the tech sector is a temporary correction rather than a fundamental decline in the industry's growth trajectory. If major institutional strategists view these dips as entry points, it may signal a broader market shift toward renewed optimism in artificial intelligence and megacap valuations.
Rubner, who serves as the head of equity and equity derivatives strategy at Citadel Securities, discussed the opportunity during a conversation with Dani Burger at Bloomberg House Miami on April 30, 2026 [1]. He specifically identified U.S. megacap tech stocks and consumer trading as areas of interest [1].
According to Rubner, the market is experiencing a transition where investors move from fear to a state of missing out, or FOMO [3]. He said that this shift is characterized by a environment where "buybacks rise, and options flows shift bullish" [3].
Despite the price fluctuations seen in the sector, Rubner said he is not seeing a decline in AI spending and demand [1]. This stability in capital expenditure suggests that the underlying drivers of the tech boom remain intact despite the short-term selloff.
Rubner's bullish outlook on these assets is tied to the observed increase in buying activity and a general pivot in sentiment among traders [3]. The combination of corporate share repurchases and and a bullish turn in options markets typically indicates a stronger level of confidence in a stock's future performance.
“buybacks rise, and options flows shift bullish”
The outlook from Citadel Securities suggests that institutional confidence in AI remains high despite market volatility. By focusing on megacap stocks and the behavior of options flows, Rubner indicates that the 'smart money' is looking past short-term price drops to focus on the sustained demand for AI infrastructure and services.
