Unusual Options Activity: Bull Trade on Harley-Davidson

We spotted a big, bullish trade Monday on Harley Davidson (HOG). At 11:48 this morning, 9,000 contracts of the Jan. 2022 60 call crossed the tap, against open interest of 190 contracts. At the same time, 6,300 contracts of the Jan. 32.5 put crossed the tape. The puts moved low in the spread, suggesting they were sold, while the calls moved high, which indicates likely buy-to-open activity.