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 February 4:
*Click to enlarge view
Bunge Global $BG — As strength builds in staples, one trader stepped in with a bullish bet on this sector.
They bought 500 contracts of the 7/17 $140 calls.
Goodyear Tire & Rubber Co $GT — The stock has shown notable relative strength this week with back-to-back gains, and one trader is betting roughly $1 million that the short-term momentum continues.
The purchase was for 20,000 contracts of the 3/20 $11 calls.
Fifth Third Bancorp $FITB — Regional banks remain a bright spot within financials, and one trader is leaning into that strength following the stock’s recent breakout.
They purchased 1,703 contracts of the 9/18 $65 calls.