Energy storage surging, gold miners running, and solid-state battery plays heating up
By Steve Strazza
May 11, 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 11:
*Click to enlarge view
Harmony Gold Mining $HMY — Up 65% in the past month, and someone just made a big swing toward even higher prices.
4000 contracts of the 1/15/27 $30 calls were purchased. That's a bold strike well above current prices, and it signals real conviction that the gold mining trade has a lot more room to run.
QuantumScape $QS — The solid-state battery space is getting attention again, and QS is starting to move with it.
2,000 contracts of the 11/20 $13 calls traded for $210K. Someone is positioning for this name to keep climbing well into the fall.
Eos Energy Enterprises $EOSE — Energy storage is one of the hottest pockets in the market right now, and EOSE fits right into that theme.
3,000 contracts of the 6/18 $14 calls hit for $150K in premium. That's a near-term bet pointing to traders who want exposure before the next leg higher.
