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 May 27:

*Click to enlarge view

Ondas Holdings $ONDS — Communication equipment is starting to get attention again, and this name is coiled and ready..

9,356 contracts of the 7/17 $13 calls traded for $858K, one of the larger prints on the sheet today.

Bitdeer Technologies $BTDR — Software-application names with crypto exposure are back in play as momentum builds across the space.

Traders put $200K to work in 1,000 contracts of the 9/18 $22.5 calls, a clean bullish bet on continued upside.

Sezzle Inc $SEZL — Buy-now-pay-later and credit services names are picking up steam as consumer spending rotates into fintech.

616 contracts of the 6/18 $130 calls hit the tape with the stock already up 45% over the past month.