The $3T name is still getting bought and two under-the-radar tickers are tagging along
By Steve Strazza
May 6, 2026
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 May 6:
*Click to enlarge view
Amazon.com $AMZN — When a $3 trillion company shows up at the top of the flow sheet, you pay attention.
12,000 contracts of the 6/18 $325 calls traded for just under $1M in premium. When the entry comes in above the ask this signals aggressive, out-of-the-money conviction.
XPLR Infrastructure $XIFR — Renewable utilities don't usually make the flow sheet. When they do, we take a closer look..
4,997 contracts of the 6/18 $13 calls hit the tape with nearly 70x the open interest, which means this is brand new positioning. Someone is quietly building a directional bet in a name most traders have never heard of.
Innventure Inc $INV — A newer company with an IPO less than 2 years ago that’s up nearly 49% in a month, and the options market just piled in.
950 contracts of the 11/20 $12.5 calls landed in a name with a $600M market cap.
