Mining for Profits: Unusual Options Movements in Tech, AI, and Metals

Notable Flow 2/5

Hello everyone - welcome back to Unusual Flow. We have been working on some things and getting settled back in so our apologies for the hiatus.

U.S. stock markets are exhibiting mixed performance. The Dow Jones Industrial Average has risen by approximately 0.6%, while the S&P 500 has seen a modest increase of about 0.3%. In contrast, the Nasdaq Composite is relatively flat, with a slight decline of around 0.1%. The Russell 2000 seems to be the strongest index today with current gains just under 1% at the moment.

Notably, Alphabet (GOOGL) shares have declined by 7.5% following a revenue miss and significant planned investments in AI infrastructure. Advanced Micro Devices (AMD) also experienced a 7.6% drop due to weaker-than-expected data center revenue.

We are going to dive into our favorite flows from the day but we also included a plethora of other flow pulls from the session in the image at the bottom of today’s read organized by calls bought, puts bought, & puts sold. No risk reversals are mentioned in today’s read. Let’s dive in.