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 12:
*Click to enlarge view
Ondas Inc $ONDS — Drone stocks are getting serious attention after Ondas announced a strategic partnership with Palantir.
Bullish flow stepped in with 5,099 contracts of the 4/17 $15 calls — a short-term bet in a high short-interest name.
Firefly Aerospace Inc $FLY — Commercial space launch is back in focus after a successful Alpha Flight 7 delivery renewed confidence in the company following several failed attempts last year.
Traders stepped in with 3,000 contracts of the 4/17 $30 calls — a clean bet on follow-through as the stock bounces off support.
CF Industries Holdings $CF — Nitrogen fertilizer producers are catching a bid, and a longer-dated conviction showed up with 200 contracts of the 1/15/27 $150 calls — patient positioning as the stock resolves higher from a major base breakout.
