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 21:
*Click to enlarge view
IREN Ltd $IREN - While many are waiting on crypto to rebound, one trader is taking action now.
They purchased 1,895 contracts of the 5/15 $110 calls — roughly double today’s trading level.
PageSeguro Digital Ltd $PAGS - International trade strength is drawing attention, and bullish bets are following.
One trader positioned long-term, buying 1,150 contracts of the 1/15 $20 calls expiring in January 2027.
Vale SA $VALE - The metals trade continues to show momentum, and a couple of bullish transactions are backing it up.
One buyer grabbed 3,333 contracts of the 3/20 $18 calls, and another purchased 4,999 contracts of the 4/17 $16 calls. While the strikes aren’t extremely aggressive, the size of these bets signals serious conviction.
