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Unusual Activity Report
This daily report focuses on three key components that can lead to market momentum: unusual options activity, insider buying, and institutional sponsorship. By scanning for these signals each day, we uncover potential stock movements driven by notable trades, insider transactions, and institutional investments. Using advanced algorithms and proprietary research methods, we sift through vast amounts of data to identify unique opportunities, offering timely insights highlighting emerging market momentum.
Disclaimer: All data and information presented in this report are sourced from publicly available materials intended for informational purposes only. The content is not a recommendation to buy or sell securities and should not be relied upon as financial advice. Readers are encouraged to conduct their own research before making any investment decisions.
Standout Options Trades
This section highlights notable options trades reflecting significant sentiment—bullish, bearish, or mixed—characterized by high-dollar-value transactions or large trade sizes exceeding prior open interest. When open interest rises from the previous day, it often indicates the creation of new positions rather than the closing of existing ones, suggesting a fresh outlook on the underlying stock or ETF.
For instance, call buying generally signals an expectation of upward movement, while selling calls suggest the trader anticipates the price will stay below a certain level. Put selling reflects confidence that the price will hold above the strike, implying stability. In contrast, put buying may reveal a bearish outlook or serve as a hedge against a larger bullish position elsewhere.
Note: This report highlights large, unusual options trades identified for their size and potential impact, representing individual sentiment rather than broad market consensus. These trades are informational and are not intended as buy or sell signals. They reflect noteworthy activity observed during the trading day and should be viewed as one part of a broader analysis.
Stock Name (USO)
Sentiment: Neutral to Slightly Bearish
Options Activity: Sale of 70 strike calls expiring on January 17, 2025, executed via ARCA trade, with a total premium of $1,931,720.
Total Values: $1,931,720
Strike Price: 70
Expectations: The spot price was $70.2757 at the time of the trade, which suggests a neutral to slightly bearish sentiment, expecting the price to remain near or below the strike price.
Stock Name (PPTA)
Sentiment: Bullish
Options Activity: Purchase of 15 strike calls expiring on June 20, 2025, executed via multi-sweep, with a total premium of $150,128.
Total Values: $150,128
Strike Price: 15
Expectations: The spot price was $12.18. This activity signals a bullish outlook, with expectations of significant upward movement by expiration.
Stock Name (PM)
Sentiment: Bullish
Options Activity: Purchase of 130 strike calls expiring on December 20, 2024, executed via multi-sweep, with a total premium of $241,809.
Total Values: $241,809
Strike Price: 130
Expectations: The spot price was $130.57, nearly at the strike price. This trade suggests a bullish sentiment expecting further upward movement.
Stock Name (IONQ)
Sentiment: Bullish
Options Activity: Purchase of 40 strike calls expiring on December 20, 2024, executed via GEMX trade, with a total premium of $269,730.
Total Values: $269,730
Strike Price: 40
Expectations: The spot price was $37.895, suggesting a bullish outlook anticipating a rise above the strike price.
Stock Name (SOUN)
Sentiment: Mixed
Options Activity: Several trades, including the sale of 13.5 strike calls expiring on December 27, 2024, totaling $580,000, and other complex trades.
Total Values: $580,000
Strike Price: 13.5
Expectations: The spot price was $14.995, slightly above the strike price, suggesting expectations for the price to stabilize or slightly decline.
Stock Name (MO)
Sentiment: Bullish
Options Activity: Purchase of 58 and 57 strike calls expiring on December 13, 2024, executed via multi-sweep and MIAX-split, with combined premiums of $121,820.
Total Values: $121,820
Strike Price: 57–58
Expectations: The spot price ranged from $57.175 to $57.195, indicating a bullish sentiment with expectations for further gains.
Moderna, Inc. (MRNA)
Sentiment: Bullish
Options Activity: High put-selling activity with a premium of $63,682,365, significantly outweighing put-buying activity ($40,316,931). Calls bought ($342,547) slightly exceeded calls sold ($221,465).
Total Values: Net premium: $23,486,516
Outlook: Reflects a strong preference for stability above key levels, as indicated by heavy put selling.
DocuSign, Inc. (DOCU)
Sentiment: Bullish
Options Activity: Calls bought ($24,082,416) dominate the activity, with minimal call-selling ($2,149,585) and negligible put activity.
Total Values: Net premium: $22,140,250
Outlook: Primarily focused on upside potential, with heavy call-buying.
MicroStrategy Incorporated (MSTR)
Sentiment: Bullish
Options Activity: Significant call-buying ($55,514,908) and call-selling ($32,069,107), with comparatively minimal put-buying ($5,142,001).
Total Values: Net premium: $21,809,842
Outlook: Call-buying outweighs selling.
Trane Technologies plc (TT)
Sentiment: Bullish
Options Activity: Single large call-buying transaction worth $10,533,900. No notable put activity.
Total Values: Net premium: $10,533,900
Outlook: Singular focus on upside potential.
CME Group Inc. (CME)
Sentiment: Bullish
Options Activity: Calls bought ($58,147,200) exceeded calls sold ($48,007,926), with no put activity.
Total Values: Net premium: $10,139,274
Outlook: Institutional preference for upward movement, as reflected in net call-buying.
Dow Inc. (DOW)
Sentiment: Bullish
Options Activity: Predominantly put-selling activity ($9,564,594), overshadowing put-buying ($2,246,300).
Total Values: Net premium: $7,335,613
Outlook: Heavy put-selling signals confidence in price stability above current levels.
Amazon.com, Inc. (AMZN)
Sentiment: Mixed
Options Activity: Significant call-buying ($27,888,049) offset by substantial call-selling ($21,884,407). Notable but smaller put activity with buying ($4,140,856) and selling ($3,920,192).
Total Values: Net premium: $5,782,978
Outlook: Activity suggests hedging strategies with mixed sentiment.
Coinbase Global, Inc. (COIN)
Sentiment: Bullish
Options Activity: Call-buying ($12,051,038) dominates, while put activity remains minimal.
Total Values: Net premium: $3,413,926
Outlook: Preference for upward movement.
Insider Transactions
Each day, insider transactions provide insights into the movements of key executives and shareholders within various companies. These transactions can signal confidence in future performance or a need to liquidate holdings. Today’s report identified the most significant insider purchases and sales, highlighting influential figures and companies that made notable moves. Let’s take a look at some of today’s standout transactions.
US Insider Purchases
Granite Ridge Resources Inc (GRNT)
Buyer: Miller Matthew Reade (Non-Executive Director)
Shares Purchased: 41,000 (+5.6%)
Price: USD 6.10
Total Value: USD 250,100
Providence Service Corp (PRSC)
Buyer: Q Global Capital Management, L.P. (Large shareholder)
Shares Purchased: 32,903 (+1.7%)
Price: USD 17.57
Total Value: USD 578,106
Donegal Group Inc (DGICA)
Buyer: Donegal Mutual Insurance Co (Large shareholder)
Shares Purchased: 10,000 (+0.1%)
Price: USD 16.72
Total Value: USD 167,189
US Insider Sales
BigBear.ai Holdings Inc (BBAI)
Seller: BBAI Ultimate Holdings, LLC (Large shareholder)
Shares Sold: 6,328,238 (-5.7%)
Price: USD 3.39
Total Value: USD 21,452,727
BlackRock Inc (BLK)
Seller: Wiedman Mark (Senior Managing Director)
Shares Sold: 9,373 (-22.7%)
Price: USD 1,043.32
Total Value: USD 9,779,081
Altice USA Inc (ATUS)
Seller: Next Alt S.a.r.l. (Large shareholder)
Shares Sold: 268,409 (-1.6%)
Price: USD 25.68
Total Value: USD 6,893,709
Unity Software Inc (U)
Seller: Bar-Zeev Tomer (Non-Executive Director)
Shares Sold: 210,000 (-21.7%)
Price: USD 27.93
Total Value: USD 5,865,300
BlackRock Inc (BLK)
Seller: Goldstein Robert L. (Chief Operating Officer)
Shares Sold: 16,824 (-19.9%)
Price: USD 1,045.01
Total Value: USD 17,581,310
CDN Insider Purchases
Titan Mining Corp (TI)
Buyer: Warke, Richard William (Director of Issuer)
Shares Purchased: 30,000 (+0.1%)
Price: CAD 0.33
Total Value: CAD 9,750
TAG Oil Ltd (TAO)
Buyer: Pierce, Toby Robert (Director of Issuer, Senior Officer of Issuer)
Shares Purchased: 300,000 (+17.0%)
Price: CAD 0.17
Total Value: CAD 51,000
Peyto Exploration & Development Corp (PEY)
Buyer: Lachance, Jean-Paul Henri (Director of Issuer, Senior Officer of Issuer)
Shares Purchased: 10,000 (+25.0%)
Price: CAD 16.16
Total Value: CAD 161,600
Happy Creek Minerals Ltd (HPY)
Buyer: Triggs, Patrick (10% Security Holder of Issuer)
Shares Purchased: 1,000,000 (+3.6%)
Price: CAD 0.05
Total Value: CAD 50,000
Storm Exploration Inc (STRM)
Buyer: Counts, Bruce (Director of Issuer, Senior Officer of Issuer)
Shares Purchased: 300,000 (+20.8%)
Price: CAD 0.05
Total Value: CAD 15,000
CDN Insider Sales
Bombardier Inc (BBD.B)
Seller: Brennan, Daniel (Senior Officer of Issuer)
Shares Sold: 19,676 (-10.7%)
Price: CAD 101.17
Total Value: CAD 1,990,650
Kinross Gold Corp (K)
Seller: Gold, Geoffrey Peters (Senior Officer of Issuer)
Shares Sold: 100,000 (-15.2%)
Price: CAD 14.13
Total Value: CAD 1,412,840
TransAlta Corp (TA)
Seller: Kousinioris, John Harry (Director of Issuer, Senior Officer of Issuer)
Shares Sold: 45,000 (-8.3%)
Price: CAD 17.67
Total Value: CAD 795,150
Agnico Eagle Mines Ltd (AEM)
Seller: Robitaille, Jean (Senior Officer of Issuer)
Shares Sold: 10,000 (-12.4%)
Price: CAD 122.00
Total Value: CAD 1,220,000
Galaxy Digital Holdings Ltd
Seller: Tavoso, Richard (Director of Issuer, Senior Officer of Issuer)
Shares Sold: 25,000
Price: CAD 28.82
Total Value: CAD 720,500
Institutional Spotlight: REE Automotive (REE)
REE Automotive Ltd. (Nasdaq:REE) has recently garnered increased attention from institutional investors, reflecting a significant shift in sentiment and strategic positioning. As of the most recent quarter, institutional ownership has surged, with 39 total institutional owners, comprising 38 long-only holders and 1 long/short holder, marking a notable 44.44% increase in activity quarter-over-quarter. This trend underscores heightened confidence in the company’s prospects among professional investors.
Institutions now hold a cumulative 4,305,405 shares, representing 23.13% of the company’s outstanding shares (excluding 13D/G filings). This represents a net addition of 1.22 million shares, or a 39.43% increase in institutional long positions over the previous quarter. The total value of these positions stands at $26.37 million, showcasing significant financial backing from key market players. Prominent institutional holders include M&G Plc, Clal Insurance Enterprises Holdings Ltd, Balyasny Asset Management LLC, and Millennium Management LLC, among others, with each playing a critical role in shaping the company’s ownership landscape.
REE Automotive has experienced substantial price appreciation, with its stock rising from $4.36 on December 7, 2023, to $8.26 as of December 6, 2024, an impressive 89.45% gain over the year. This dramatic increase signals growing market confidence, likely fueled by the company’s strategic moves and the institutional capital inflow. The sharp rise in institutional sponsorship, coupled with such price momentum, suggests a bullish outlook and possibly reflects optimism about the company’s long-term growth prospects.
The average portfolio allocation among institutional investors has also more than doubled, increasing by 108.92% quarter-over-quarter, to 0.0811%. This suggests REE Automotive is gaining traction as a priority investment within diversified portfolios, further highlighting its growing appeal within institutional circles.
Major institutional investors filing 13D or 13G forms signal strategic interest, with Schedule 13D filings indicating active involvement, possibly aimed at influencing business strategy. In contrast, Schedule 13G filings reflect passive investments exceeding 5% of shares outstanding. This blend of active and passive strategies demonstrates a diversified approach among stakeholders to capitalize on REE Automotive’s potential.
Institutional activity surrounding REE Automotive Ltd. highlights a pivotal moment in the company’s trajectory. The combination of robust institutional engagement, a near doubling of the share price over the past year, and increasing portfolio allocation reflects rising confidence in the company’s business model and growth strategy. Investors should monitor these developments closely as they provide valuable insights into market sentiment and institutional expectations for the stock’s future performance.
Institutional Momentum Watchlists
Welcome to the Institutional Momentum Watchlist, an exclusive feature for our members. This list highlights stocks that have recently caught the attention of institutional investors, either through new purchases or significant additions. These stocks are selected based on promising technical setups that suggest potential momentum. Our systematic approach filters for opportunities where institutional sponsorship aligns with favorable technical conditions, offering a unique edge in your trading strategy. Keep an eye on this watchlist as we update it each weekend with the latest insights from the market.
Click on the CandleGlance chart to view it in full size. Find a chart that matches your criteria or interests. You can easily save it to your watchlist on StockCharts.com for further analysis and tracking or copy and paste the ticker list into your chart provider.
US Institutional Momentum Watchlist
EXPORT – US – Institutional – 2024-12-07
DOCU, BTDR, BNTC, AUR, VSCO, HPE, IREN, HIMS, WYY, WOOF, CNTA, APLD, PLTR, APP, KYMR, RDW, ELDN, GRND, CRDO, TSLA, WULF, AVGO, CEE, PCT, REAL, AFRM, ERAS, KVYO, BLND, MNDY, RDVT, BLFS, SRRK, MDRX, HNRG, SHOP, ZM, DCTH, GKOS, EWTX, WSM, CIFR, MGNI, CLS, AMZN, ORCL, RCL, ADMA, BEAT, ROAD, AOSL, KTOS, MDGL, META, COHR, LENZ, WRBY, QFIN, BROS, CLBT, CRNX, TTD, KRNT, GLBE, CIEN, MOD, RYTM, NFLX, FOUR, ZVRA, SLVM, QTWO, AXGN, LAZ, CRVS, FINV, NTRA, LYV, JCI, DASH, CSWI, IBM, ANET, TGLS, WAB, APO, HLT, TBBK, VRNA, WLFC, COOP, PFSI, CVBF, SGHC, AXP, FWONK, HD, SMTC, Z, SPG, YPF, ZBRA, TGNA, MNKD, SPOT, COMP, KW, FNGS, CKPT, PYPL, CFFN, MLNK, CART, DLR, ADSK, TGTX, KN, MTSI, ZWS, BLCO, JPM, FTNT, HTLF, MCO, MA, YEXT, MD, PFS, VUG, HRI, RBLX, KKR, CCL, WSO, BKU, VERX, ARES, CBU, CFG, STRL, FIBK, UPRO, EBC, ISRG, MIR, BOKF, GPI, MTZ, MTUM, OWL, VCTR, WMT, BKNG, XLK, DOCS, VTWO, NBXG, SSO, CPT, CORZ, CMG, FLUT, SKY, CMI, CAVA, OMF, REPL, CRWD, CTAS, LITE, ALLT, OUT, BDC, CRH, MWA, NDAQ, TJX, MRVL, NCLH, ITRI, FRPT, INSM, BRKL, NOW, AY, ETN, FCF, FFIV, BAC, FRHC, CBSH
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional – 2024-12-07
TSAT.TO, OGI.TO, GLXY.TO, PPTA.TO, PTK.V, DOO.TO, TA.TO, SSRM.TO, HITI.V, LB.TO, BMO.TO, SMT.TO, ENGH.TO, CLS.TO, LGO.TO, WELL.TO, CPX.TO, DSG.TO, ACQ.TO, BBD/B.TO, DFY.TO, MDA.TO, ITR.V, IFC.TO, AIM.TO, TRI.TO, MAL.TO, MX.TO, ATRL.TO, TOT.TO, BB.TO, CAE.TO, QBR/B.TO, AC.TO, WILD.TO, WSP.TO, BLDP.TO, FFH.TO, CM.TO, BNS.TO, CCA.TO, WPK.TO, CCO.TO, CIGI.TO, EMP/A.TO, T.TO, BAM.TO, BN.TO, EMA.TO, DML.TO, TOY.TO, OLA.TO, STN.TO, MFC.TO, ALS.TO, GFL.TO, TFII.TO, SRU/UN.TO, EFN.TO, MHC/U.TO
To conclude our report, we thank you for your engagement and insights. Your feedback is valuable, and we encourage you to share your recommendations. Stay attentive to the Daily Setups, the Workspace, and the Watchlists for emerging opportunities. Additionally, explore the PDFs of the scanner results provided in the Daily Setups report. Until next time, happy trading!