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 March 2:
*Click to enlarge view
Golar LNG $GLNG — Liquefied natural gas demand continues to attract attention with ongoing energy security concerns.
Bullish flow came in with 1,036 contracts of the 4/17 $48 calls, positioning for continued upside.
Nektar Therapeutics $NKTR — Biotech continues to attract speculative capital, especially in names with potential near-term catalysts.
Bulls stepped in with 279 contracts of the 4/17 $80 calls, aligning with the stock’s ongoing uptrend.
MP Materials $MP — Rare earths are back in focus as domestic supply chain concerns keep the group in play.
Bullish flow showed up in size with 1,756 contracts of the 9/18 $95 calls, representing nearly $1M in premium — a longer-term bet in a stock that’s been consolidating for months.