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 April 2:

*Click to enlarge view

Intel Corp $INTC — The semiconductor comeback story is gaining traction as Intel ramps its 18A process node and AI demand drives data center growth.

Bullish flow showed up with 798 contracts of the 11/20 $60 calls, a longer-dated bet that the turnaround still has legs.

Dynatrace Inc $DT — The stock has been grinding lower and is now trading down near a key level worth watching.

One buyer jumped in with 1,000 contracts of the 5/15 $42.5 calls, positioning for a near-term bounce.

Rocket Companies $RKT — The stock has been in a drawdown of roughly 40% to start the year, and one trader thinks there’s more to go. 

Bearish flow hit with 2,775 contracts of the 6/18 $13 puts, the largest bet of the day, signaling potential for further downside.