Unusual Call Options Activity Today

Sudden spikes in call option trading can be one of the earliest signs that bullish sentiment is building in a stock.

When call volume jumps well above normal levels, it often means traders are actively positioning for upside—whether in response to news, earnings expectations, or shifting market momentum. Because options offer leveraged exposure, this activity can reflect high conviction moves rather than casual interest.

For investors, tracking unusual call activity is a way to see where attention—and capital—is flowing in real time. It can help surface stocks gaining momentum before large price moves occur, confirm strengthening trends, or generate new ideas worth deeper research.

Not every surge in call volume leads to gains, but consistently watching where bullish bets are increasing can provide valuable insight into market sentiment and emerging opportunities.

CompanyCurrent Price6/23/2026 Call Options VolumeAverage Options VolumePercentage Increase
Relative to Avg. Volume
Average Stock VolumeIndicator(s)
Direxion Daily GOOGL Bull 2X Shares stock logo
GGLL
Direxion Daily GOOGL Bull 2X Shares
$107.21
-2.7%
15,0092,052631.4%1.50 million
Americas Gold and Silver Corporation stock logo
USAS
Americas Gold and Silver
$4.90
-8.1%
13,8924,521207.3%4.10 million
Iamgold Corporation stock logo
IAG
Iamgold
$16.19
-4.3%
10,5532,869267.8%5.70 million
Backblaze, Inc. stock logo
BLZE
Backblaze
$11.66
+43.6%
8,7695321548.3%1.41 million
ADTRAN Holdings, Inc. stock logo
ADTN
ADTRAN
$14.47
-7.1%
8,1491,493445.8%2.78 million
iShares Core S&P 500 ETF stock logo
IVV
iShares Core S&P 500 ETF
$737.14
-1.4%
7,1191,695320.0%8.71 million
BuzzFeed, Inc. stock logo
BZFD
BuzzFeed
$1.53
+7.7%
4,855925424.9%1.18 million
Genmab A/S Sponsored ADR stock logo
GMAB
Genmab A/S
$25.94
+1.3%
4,6391,074331.9%1.57 million
iShares Biotechnology ETF stock logo
IBB
iShares Biotechnology ETF
$178.09
+0.6%
4,4791,225265.6%1.29 million
Xylem Inc. stock logo
XYL
Xylem
$110.58
-1.1%
2,8141,124150.4%1.89 million
Sharplink Gaming Inc. stock logo
SBET
Sharplink Gaming
$4.97
-6.4%
35,40324,90242.2%8.14 million
Ramaco Resources, Inc. stock logo
METC
Ramaco Resources
$12.83
-4.3%
25,3773,319664.6%1.46 million
TripAdvisor, Inc. stock logo
TRIP
TripAdvisor
$12.39
+0.2%
24,6635,534345.7%4.53 million
Viking Therapeutics, Inc. stock logo
VKTX
Viking Therapeutics
$34.81
+7.5%
16,3789,06980.6%1.98 million
Stellantis N.V. stock logo
STLA
Stellantis
$5.97
-6.4%
14,3288,03278.4%16.91 million
Varonis Systems, Inc. stock logo
VRNS
Varonis Systems
$35.03
+7.1%
16,1558261855.8%1.51 million
NiCE stock logo
NICE
NiCE
$87.07
+3.6%
12,4811,253896.1%777,068
STUB stock logo
STUB
STUB
$11.76
+3.2%
54,4698,062575.6%5.99 million
Hyperliquid Strategies Inc stock logo
PURR
Hyperliquid Strategies
$8.14
-11.5%
44,19718,640137.1%19.44 million
Iridium Communications Inc stock logo
IRDM
Iridium Communications
$44.16
+2.0%
33,1213,161947.8%2.71 million
Teva Pharmaceutical Industries Ltd. stock logo
TEVA
Teva Pharmaceutical Industries
$33.16
+3.0%
16,77811,08851.3%6.30 million
Pacific Gas & Electric Co. stock logo
PCG
Pacific Gas & Electric
$16.80
+1.0%
114,24833,107245.1%17.35 million
SELLAS Life Sciences Group, Inc. stock logo
SLS
SELLAS Life Sciences Group
$9.07
+6.3%
41,15326,79953.6%8.10 million

Frequently Asked Questions

Unusual call options activity happens when call trading volume in a stock jumps well above its normal level, which can signal rising bullish interest or a meaningful catalyst.

It can help surface stocks where traders are making aggressive upside bets, which may point to momentum, conviction, or an upcoming event worth researching.

No. It shows elevated positioning, not a guaranteed outcome. Options activity is a signal to investigate, not a prediction by itself.

Large call volume can follow news, analyst changes, technical breakouts, sector momentum, or other events that make traders more bullish on a stock.

Stock volume measures shares traded. Unusual call activity measures options contracts traded relative to that stock’s normal options volume.

Use it as a starting point: review the stock, check the options chain, understand the strategy, and model the trade before acting.