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 4:
*Click to enlarge view
Crescent Energy $CRGY — Energy continues to draw fresh capital as traders hunt for opportunity in a choppy tape.
Bullish flow hit with 7,879 contracts of the 4/17 $12.5 calls, a high-conviction bet on a stock showing improving momentum.
Corning $GLW — Electronic components are back in focus as fiber optic and display demand expands across key end markets.
Traders bought 1,500 contracts of the 4/17 $190 calls, positioning for further upside from this breakout.
StubHub $STUB — The live events platform has struggled since its IPO, and bears are leaning in.
A notable print crossed with 11,000 contracts of the 3/13 $8.5 puts, representing over $500K in premium — a short-term bet that another leg lower is coming.
