This note highlights a select group of stocks showing the most unusual — and highly directional — options activity.
The goal is simple: follow the big money and trade in the direction of the underlying trend.
Here is the list of Unusual Options activity from January 14:
*Click to enlarge view
Taiwan Semiconductor $TSM – With earnings slated for tomorrow, two big bearish bets were placed today.
One trader bought 16,946 contracts of the 2/20 $330 puts, while another picked up 10,040 contracts of the 2/20 $320 puts.
iShares Silver Trust $SLV– With silver dominating headlines and momentum stretched, one trader is betting on mean reversion.
They stepped in to buy 10,000 contracts of the 2/27 $50 puts, positioning for a pullback after the recent strength.
BlackSky Technology Inc $BKSY – As the stock attempts to emerge from a multi-year base, a call buyer is anticipating an upside resolution sooner rather than later.
The trade consisted of 794 contracts of the 5/15 $45 calls. The strike sits more than 70% above current prices, highlighting aggressive bullish conviction.
VNET Group Inc $VNET - With the stock knocking on the door of a fresh base breakout, a call buyer is buying with conviction.
The purchase was for 750 contracts in the 5/15 $17 calls. With the strike roughly 40% out-of-the-money this signals they are looking for a decisive move.
Since the beginning of the year, we’ve been pounding the table on this name, buying 3/20 $11 and the 3/20 $12 calls — now up 400% each.
