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The Daily Flow

Satellites, Servers, and Short Sellers

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 13:

*Click to enlarge view

AST SpaceMobile $ASTS — Satellite-to-cell names are attracting fresh capital as direct-to-device broadband moves closer to commercial scale.

Bullish flow surfaced with 632 contracts of the 4/10 $100 calls, signaling conviction for further upside as satellite deployment ramps.

Soleno Therapeutics $SLNO — Rare-disease biotech names are facing renewed pressure as commercial execution risks come back into focus.

Traders swept 341 contracts of the 6/18 $30 puts, a clear bet on continued downside as legal and commercial headwinds mount.

Super Micro Computer $SMCI — AI server infrastructure names have bounced off the lows, but Super Micro remains a contested story as margin pressure and lingering accounting concerns weigh on sentiment.

Bearish flow hit hard with 12,000 contracts of the 3/27 $20 puts above the ask — the largest print on today’s tape, pointing to near-term downside.