The Daily Flow

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 19:

*Click to enlarge view

JetBlue Airways Corp $JBLU — Although airlines have been under pressure, the largest flow of the day showed up here: 9,999 contracts of the 4/10 $4.5 calls.

Hecla Mining Co $HL — Silver has been one of the hottest trades over the past year but has pulled back sharply in recent weeks, and miners are feeling it.

Bearish flow hit with 6,073 contracts of the 4/17 $15 puts, positioning for continued downside in the near term.

Alliance Resource $ARLP — Coal is getting a second look as the policy backdrop shifts and demand expectations adjust.

4,000 contracts of the 6/18 $35 calls traded, signaling a bullish bet that this high-yield coal name catches a bid as the narrative develops.