Trump Media & Technology (DJT) stock surged 6.04% in intraday trading, catching investors' attention with its impressive rally. The stock's upward movement comes amid notably bullish options activity, suggesting increased optimism among traders.

Options flow data revealed significant interest in DJT calls, with 19,265 contracts trading at twice the expected volume. This surge in call options indicates that traders are positioning themselves for potential further upside in the stock. Adding to the bullish sentiment, the implied volatility for DJT options jumped by over 3 points to 78.78%, reflecting heightened market expectations for larger price swings in the near term.

Trump Media & Technology, which operates the Truth Social platform, has been a volatile stock since its public debut. While the company has faced challenges, including recent financial losses, today's options activity suggests that some investors remain optimistic about its prospects. As always, investors should approach such high-volatility stocks with caution and conduct thorough research before making investment decisions.