Traders Bet on Long-Dated Breakouts While Fading Nuclear
By Steve Strazza
February 11, 2026
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 February 11:
*Click to enlarge view
Nucor Corp $NUE — Steel is creeping back into focus as materials start to see renewed interest.
One trader paid the ask for 207 contracts of the 6/17/27 $210 calls, a long-dated bet that NUE finally resolves its nearly two-year base to the upside.
Cisco Systems Inc $CSCO — Communication equipment has been a quiet leader lately.
A buyer stepped into 216 contracts of the 1/15/27 $92.50 calls, positioning for a longer-term breakout from Cisco’s massive dot-com-era base.
NuScale Power Corporation $SMR — The nuclear theme is still active, but one trader is leaning bearish near term.
In the largest trade of the day, they bought 33,315 contracts of the 2/20 $12 puts, betting the recent 21% drop isn’t done yet.
