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 20:

*Click to enlarge view

Planet Labs $PL — Planet Labs just reported a monster earnings beat, posting record annual revenue of $308M.

Bullish flow showed up with 900 contracts of the 5/15 $45 calls, a high-conviction chase on a name that just gave the market every reason to re-rate higher.

TeraWulf Inc $WULF — No longer just a Bitcoin miner, TeraWulf is pivoting into AI infrastructure with a $9.5B HPC joint venture backed by Google.

Longer-dated interest hit the tape with 3,098 contracts of the 6/17/27 $30 calls ($900K premium), signaling a patient bet on continued upside.

The Mosaic Company $MOS — Mosaic caught attention as Middle East tensions tighten fertilizer markets.

A major buy came through with 4,831 contracts of the 1/21/28 $40 calls ($1.5M premium), showing clear conviction for the long term.