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The Daily Flow

Food Distribution Is Flowing, Adobe Is Fading, and Avis Is Accelerating

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 April 10:

*Click to enlarge view

Sysco Corp $SYY — Food distribution is a business that never sleeps, and right now option traders are leaning in. With the stock down nearly 14% over the past month, big players are stepping up to buy the dip.

Bullish flow hit the tape with 5,000 contracts of the 6/18 $80 calls — the largest contract count on today's sheet, a clear statement of conviction for a snapback higher.

Adobe Inc $ADBE — Software names have been under pressure, and Adobe is no exception — shares are off more than 17% over the past month with no clear floor in sight yet.

Traders put on 244 contracts of the 10/16 $175 puts, a measured but deliberate bet that the selling isn't finished.

Avis Budget Group $CAR — Rental and leasing names are seeing renewed momentum, and Avis is leading the charge — the stock is up nearly 200% over the past month, one of the strongest moves on the board.

Bullish flow backed it up with 400 contracts of the 1/15/27 $400 calls, signaling confidence in the long term.