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 28:

*Click to enlarge view

Ramaco Resources $METC — Coking coal is quietly getting a second look as industrial demand holds up better than expected.

1,000 contracts of the 7/17 $18 calls traded for $125K, a clean bullish print in a sector most traders have written off.

Strategy Inc $MSTR — With Bitcoin getting hit today traders are taking advantage of the dip and buying into a leveraged vehicle from the long side.

4,317 contracts of the 7/17 $175 calls put $3M in premium to work, the largest bet on the board today.

Amprius Technologies $AMPX — Next-generation battery technology is getting attention as the energy storage buildout accelerates.

960 contracts of the 8/21 $35 calls traded for $154K, a notable bullish print in a name that’s breaking out from a major basing pattern.