One of the hottest trades of the year is about to get even hotter.
Mining stocks have struck gold since the start of 2016, rallying more than 17 percent and shooting to their highest level since late October. The move has sparked a flurry of bullish activity this week.
"Gold and gold miners is where the options action was this week, … with the top two stocks being Freeport McMoRan and Newmont Mining," Mike Khouw told CNBC's "Fast Money" on Thursday. Freeport and Newmont were up a respective 16 and 27 percent in the last week, while the broader gold miners ETF, the GDX, has rallied 6 percent in the same period.