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 22:
*Click to enlarge view
Helix Energy Solutions Group $HLX - The energy sector is off to a strong start this year, and momentum looks sustainable.
Two bullish trades stood out: 1,688 contracts of the 9/18 $10 calls and 2,496 contracts of the 6/18 $10 calls.
Array Technologies Inc $ARRY - Solar continues to show upside potential, and one buyer reinforced that view by purchasing 4,999 contracts of the 5/15 $17 calls — roughly 70% out-of-the-money, signaling strong conviction.
Duolingo Inc $DUOL - Landing at the bottom of the leaderboard for the past month, this stock remains under pressure.
One bearish bet was placed with 375 contracts of the 1/15 $75 puts for January 2027, highlighting a clear directional stance.