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 Jun 24:
*Click to enlarge view
LGI Homes $LGIH — Residential construction names are starting to see meaningful rotation, and this one just picked up a sizable call bet to go with it.
230 contracts of the 12/18 $70 calls traded for $184K.
Norwegian Cruise Line Holdings $NCLH — Travel stocks continue pulling bids off the late spring lows, and the flow here backs that move with size.
1,443 contracts of the 8/21 $25 calls were purchased today.
Lowe's Companies $LOW — Big-box retail has been grinding sideways for weeks, and one trader is getting involved for a potential breakout.
249 contracts of the 3/19/27 $270 calls hit the tape for $199K.