Unusual options activity — UOA — is an options trade that is far larger, more urgent or more aggressively priced than that contract normally sees. Jon and Pete Najarian built their careers spotting those prints on the floor. This is what the signal is, how to read it, and how the club turns it into ideas you can act on.
Cancel anytime · No trading experience required
A sweep takes liquidity across several exchanges at once because someone wants filled now. A block is one large negotiated print. Each idea says which one fired and why it matters.
Millions of contracts trade a day and almost all of it is noise, hedging or rolls. The desk publishes the handful of prints that pass a size, urgency and open-interest filter.
Every flagged print comes with the structure being used, a suggested entry zone, risk parameters and the expiration risk you are taking on.
Flow ideas get updated when the position is closed, rolled or proven wrong — including the ones that did not work.
Jon & Pete Najarian — your desk
Four things move a print from ordinary to unusual: size relative to that contract's average volume, volume that exceeds existing open interest (meaning the position is new, not a close), aggressive pricing at or above the ask, and short-dated expirations that only pay if something happens soon. When all four line up in a name with a catalyst, somebody with a view is expressing it with real money.
Options are where informed money goes for leverage and defined risk. A fund that wants exposure to a pending catalyst can buy calls for a fraction of the capital a stock position would need. Those trades have to print publicly on the tape. That is the edge: the position is visible even when the reasoning is not.
It is not insider information and it is not a guarantee. Plenty of unusual prints are hedges against a stock position, one leg of a spread, or a fund rolling exposure forward. Reading flow well means knowing which prints to ignore — which is exactly the filter thirty years on the floor buys you.
Do not blindly copy a print. Size the position so a total loss is survivable, respect the expiration you are inheriting, and decide your exit before you enter. Most members use flow as a starting filter and then apply the same risk rules the desk publishes with every idea.
Flagged prints arrive in your member inbox and by email as the desk publishes them, with the write-up attached. Pro members get the full archive plus Rebel AI to ask follow-up questions, and every member can bring a print to the live monthly Q&A with Jon.
““I used to see a stock rip and wonder what I missed. Now I see the sweep that came first and I understand why.””
““The flow alerts are filtered. I get a handful of prints that actually matter instead of a scanner screaming all day.””
““Jon explains what the print means — hedge, spread or real conviction. That context is the whole product.””
Member experiences shared with permission · Results are not typical and not a guarantee
Options flow is the starting filter for everything the desk publishes. Here is how it connects to the rest of the club.
Join Rebel Investors Club for about a dollar a trading day and get every idea, live session and archive the desk publishes.