Semis, software, and travel names dominating the bullish flow today
By Steve Strazza
May 19, 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 19:
*Click to enlarge view
POET Technologies $POET — The biggest premium print of the day, and it's in a semi name most people aren't watching.
10,355 contracts of the 12/15/28 $25 calls traded for $4M in premium. Someone is making a long-dated, high-conviction bet that this $2B semiconductor company has a lot further to run.
Royal Caribbean $RCL — Travel is back on the flow radar.
568 contracts of the 1/15/27 $330 calls for $881K in premium. Long-dated bullish bet on a name that's been acting well, and someone just made a big commitment to the cruise sector continuing to work.
Fiserv $FISV — Bullish flow in fintech, but the stock is struggling.
1,479 contracts of the 7/17 $65 calls for $163K. The stock is down nearly 13% over the last month, so this is someone stepping in and fading the weakness. Worth watching to see if this becomes a turning point.
