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 March 3:
*Click to enlarge view
Kodiak Gas Services $KGS — Oil and gas equipment names are quietly gaining traction as infrastructure spending accelerates.
Bullish flow showed up with 800 contracts of the 1/15/27 $75 calls, a long-dated bet following a recent base breakout.
Nike $NKE — The footwear giant remains under pressure, and traders are positioning for more downside.
A sizable bearish print crossed with 9,999 contracts of the 3/13 $58 puts, representing roughly $1M in premium — one of the largest trades on the sheet.
Teck Resources $TECK — Copper and zinc demand isn't going away, and traders are starting to take notice.
Bullish flow showed up with 2,823 contracts of the 4/17 $65 calls — positioning themselves for a potential major base breakout.
