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 July 20:

*Click to enlarge view

Molina Healthcare Inc $MOH — Managed care continues to strengthen, and Molina is attempting to complete a major reversal pattern.

209 contracts of the 10/16 $270 calls traded for $242K in premium, a bullish bet on further upside.

Veeva Systems Inc $VEEV — Healthcare software remains a pocket of strength, and traders are positioning for a longer-term recovery.

609 contracts of the 3/19/27 $240 calls hit the tape for $1.2M in premium, signaling strong conviction.

Netflix Inc $NFLX — After a prolonged correction, traders are betting the streaming giant can reclaim higher ground.

2,000 contracts of the 6/17/27 $102 calls traded for $580K in premium, a patient bet on a sustained recovery.