OptionsHawk covers every notable option trade in the market daily and dive in-depth into the more interesting trades. This page is dedicated to non-members that want to get a taste for the options activity we deem notable though the further in-depth analysis is for members only.
Small Biotech with Strong Launch Sees Calls Accumulate, Potential M&A Target
Travere (TVTX) is a Biotech I wrote on in late August with options activity suggesting a move higher and shares have since doubled. TVTX has now seen accumulation in December 2025 $15 calls with 6,880 currently in open interest valued over $5M with a mix of opening...
Levered Natural Gas Name Draws Upside Call Option Buys
Comstock Resources (CRK) with unusual activity on 11/20 as 3250 June $18 calls bought aggressively $1.30 to open and then 10,000 of the $25 calls bought $0.45 and 4000 December $17 calls bought $0.25. CRK previously had seen some buys in January and March $11 calls as...
Coffee Giant in Midst of Turnaround Story Sees More Long Term Bulls
Starbucks (SBUX) closed the week strong in a sluggish tape and saw late day buyers on Friday of 460 December 2026 $115 calls at $12.15 to $12.70. Over $550K for the long-term bullish trader that sees upside into next year and beyond for the coffee giant that is...
Bulls Pile into Calls in Highly Shorted Space Company
Intuitive Machines (LUNR) on Friday with a large buy of 3500 March $10 calls and a name with 13,350 December $10 calls in open interest from buyers as well as 8,075 January $10 calls. LUNR has also attracted large buys of March $9, January $7.50, January 2026 $15,...
AI Powered Biotech Attracts Long-Dated Call Accumulation
Recursion Pharma (RXRX) shares basing since late July above the $6 level have seen January 2027 $5 calls bought 5200X in October, a $2.1M position. RXRX does have high short interest at 21% of the float rising from 16% in July, but still worth a closer look. Recursion...
CAR-T Biotech with M&A Potential Sees Large Call Spread Open
Arcellx (ACLX) consistently strong Biotech sees a massive trade for December with 9500 of the $95 calls bought at $8 to $8.60 and 11,000 of the $110 calls trading $4 to $4.20 that appear bought but likely sold as a ratio trade. ARCX has often been seen as a potential...
Unusual Call Buy in Equipment Rental Play with Multiple Tailwinds and Cheap Valuation
Herc Holdings (HRI) shares are +40% YTD and recently with a strong move after earnings clearing 2021 highs. HRI also saw an unusual buy of 525 March $260 calls for $360,000, rare in a name that sees very little options activity. Herc is one of the leading equipment...
Industrial Software M&A Target with Unusual Calls Bought
Bentley Systems (BSY) a name with unusual 3000 February $55 calls bought in open interest as 1000 bought on 9/10 at $1.55 adding to the 2000 bought on 9/5 at $1.85. BSY will report this week, 11/7, before the market open and the action interesting because it was being...
Crypto Miner with Strong Growth Sees Bulls Stick with Upside Momentum
Core Scientific (CORZ) today seeing 4000 Dec. $11 puts sold to open $0.50 and into strength saw 2100 June 2025 $16 calls buy $2.35 offer sweeps for the crypto miner that has stayed one of the strongest names in the group this summer trending to highs and looks to...
Unusual Call Accumulation in Lagging Small Cap Homebuilder
LGI Homes (LGIH) since 10/15 has seen December $120 calls accumulate 2,475 contracts, a position worth $1.35M in a name that rarely sees options activity. LGIH tends to screen well annually but has lagged homebuilder peers, shares at a long-term VPOC currently with...