Big money is buying the cloud, fading home goods, and turning bullish on solar
By Steve Strazza
May 15, 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 15:
*Click to enlarge view
Twilio Inc $TWLO — Software has been bouncing back and Twilio is one of the leaders.
166 contracts of the 12/18 $230 calls traded for $432K, a sizeable bet that this name keeps pushing higher from its already impressive 44% run over the past month.
Wayfair Inc $W — Retail names have been getting hit lately, and someone with serious conviction is pressing that thesis.
2,499 contracts of the 6/18 $50 puts were purchased, one of the larger prints of the day and a clear signal that the bears expect more pain ahead.
Enphase Energy Inc $ENPH — Solar is waking up and the smart money is getting there early.
716 contracts of the 7/17 $55 calls traded for $304K, a clean bullish bet on a name that has already ripped 65% in the past month and looks like it has room to run.
