Notice: The Daily Setups are provided for informational purposes only and are not intended as a stock-picking service. The charts and information provided are intended to aid research and analysis and should only be used as indicators. They should not be considered as a direct trigger to buy or sell any security. The creator assumes no responsibility for any actions readers take and strongly advises each individual to fully understand the risks and potential consequences before making any investment decisions. Please note that the charts shared are not intended as signals to buy or sell but as a tool to add to your watchlist and analyze according to your trading ability. Remember that not all charts will result in buy or sell actions at any time.
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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.
Disclaimer: 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.
MARA Holdings, Inc. (MARA)
Sentiment: Bullish
Options Activity: 76 calls bought vs. 55 calls sold; 26 puts bought vs. 37 puts sold
Total Values: Call Premium Bought – $6.66M, Call Premium Sold – $1.29M, Put Premium Bought – $1.70M, Put Premium Sold – $2.43M
Net Premium: $6.09M
Strike Price: The substantial net premium, particularly in call options, suggests institutional investors are leaning bullishly on MARA, potentially expecting upward price movement.
Market View: The significant call-buying activity, combined with net positive premiums, indicates confidence in MARA’s potential for upward momentum, suggesting positive expectations for future stock performance.
MicroStrategy (MSTR)
Sentiment: Bullish
Options Activity: 25 calls bought vs. 22 calls sold; 22 puts bought vs. 24 puts sold
Total Values: Call Premium Bought – $15.69M, Call Premium Sold – $10.36M, Put Premium Bought – $0.67M, Put Premium Sold – $11.23M
Net Premium: $15.89M
Strike Price: Significant net premium indicates expectations of potential upward movement in MicroStrategy’s stock price, driven by substantial institutional call buying activity.
Market View: The large net premium and institutional interest in call options suggest expectations of increased bullish movement.
Robinhood Markets, Inc. (HOOD)
Sentiment: Bullish
Options Activity: 55 calls bought vs. 34 calls sold; 14 puts bought vs. 9 puts sold
Total Values: Call Premium Bought – $3.29M, Call Premium Sold – $0.30M, Put Premium Bought – $0.32M, Put Premium Sold – $0.06M
Net Premium: $2.73M
Strike Price: The high net premium and strong call-buying activity relative to puts indicate bullish sentiment from institutional traders, suggesting expectations of upward momentum for Robinhood’s stock.
Market View: The significant disparity between call and put premiums reflects confidence from institutional investors in positive price movement.
GameStop Corp. (GME)
Sentiment: Bullish
Options Activity: 74 calls bought vs. 43 calls sold; 6 puts bought vs. 6 puts sold
Total Values: Call Premium Bought – $3.71M, Call Premium Sold – $2.36M, Put Premium Bought – $0.09M, Put Premium Sold – $0.10M
Net Premium: $1.36M
Strike Price: The net positive premium primarily driven by call-buying activity suggests a bullish outlook from institutional investors, indicating expectations of a potential rise in GameStop’s stock price. The relatively low put activity further supports this positive sentiment.
Market View: Institutional sentiment appears to favor upward price movement for GameStop, as reflected in the significant call-buying and net premium.
Energy Transfer LP – Limited Partnership (ET)
Sentiment: Bullish
Options Activity: 47 calls bought vs. 29 calls sold; 15 puts bought vs. 11 puts sold
Total Values: Call Premium Bought – $1.64M, Call Premium Sold – $0.46M, Put Premium Bought – $0.10M, Put Premium Sold – $0.04M
Net Premium: $1.13M
Strike Price: The net positive premium, driven by strong call-buying activity, reflects a bullish sentiment from institutional investors, indicating expectations for a potential increase in ET’s price.
Market View: The imbalance in call premiums suggests optimism about Energy Transfer’s future price movements, with institutions showing greater interest in call purchases relative to puts.
ARK Innovation ETF (ARKK)
Sentiment: Bullish
Options Activity: 65 calls bought vs. 24 calls sold; 2 puts bought vs. 6 puts sold
Total Values: Call Premium Bought – $7.04M, Call Premium Sold – $2.45M, Put Premium Bought – $0.08M, Put Premium Sold – $0.32M
Net Premium: $4.83M
Strike Price: The significant call-buying activity with a strong net positive premium indicates bullish sentiment from institutional investors. The relatively low put activity further emphasizes confidence in potential upward movement for ARKK’s price.
Market View: Institutions appear optimistic, as evidenced by high call activity and net premium, suggesting expectations of a favorable performance in ARK Innovation ETF.
Coinbase Global, Inc. (COIN)
Sentiment: Bullish
Options Activity: 53 calls bought vs. 31 calls sold; 13 puts bought vs. 20 puts sold
Total Values: Call Premium Bought – $17.99M, Call Premium Sold – $16.66M, Put Premium Bought – $1.48M, Put Premium Sold – $1.82M
Net Premium: $1.67M
Strike Price: The substantial net premium driven by call options activity indicates bullish sentiment from institutional traders. While there is notable call selling, the overall net positive premium reflects confidence in a potential upward movement for Coinbase.
Market View: The data suggests positive expectations for Coinbase, as evidenced by the strong call activity relative to puts, hinting at potential price appreciation.
Pinterest, Inc. (PINS)
Sentiment: Bearish
Options Activity: High activity on PUTs around earnings-related events with SSR implications.
Total Values: $466,734 in premiums with notable strikes at $32.5 and a spot of $29.15.
Strike Price: $32.5 PUT, expires 2024-11-08.
Market View/Expectations: Heavy selling interest indicates price containment or downside expectations.
VanEck Gold Miners ETF (GDX)
Sentiment: Bearish
Options Activity: Notable PUT buying, indicating a bearish outlook into the 2024-12-20 expiry.
Total Values: $548,498 in premiums traded, spot near parity to strike.
Strike Price: $39 PUT, expires 2024-12-20.
Market View/Expectations: Potential downside protection/hedging as miners could face headwinds.
Copart, Inc. (CPRT)
Sentiment: Bullish (selling puts)
Options Activity: Selling 57.5 PUT with a relatively stable spot.
Total Values: Premium of $180,000.
Strike Price: $57.5 PUT, expires 2024-11-15.
Market View/Expectations: Confidence price holds at or above strike, suggesting support levels.
Tesla, Inc. (TSLA)
Sentiment: Bearish
Options Activity: Heavy call selling, focused on the 260 strike expiring 2024-11-08, with multi-sweep and SPHR trades indicating strong market interest. Significant activity also noted at 335-355 strikes for December expiries.
Total Values: Multiple trades exceeded $2 million per strike, with notable transactions at $2,865,000 and $2,183,130.
Expectations and Market View: Sellers are positioning for downside or capping potential upside moves, with strategies covering volatility spreads.
Apple, Inc. (AAPL)
Sentiment: Bullish
Options Activity: Significant call buying at the 207.5 strike, expiring on 2024-11-15.
Total Values: Key transaction valued at $1,371,580.
Strike Price: 207.5
Expectations and Market View: Anticipated upward momentum as buyers appear confident ahead of the expiration date, possibly expecting a positive price movement.
Bloomberg Commodity Index (BCD)
Sentiment: Mixed
Options Activity: Multiple trades involving both buy and sell transactions of puts around the 36 strike, expiring on 2024-12-20.
Total Values: Transactions included values up to $205,200.
Strike Price: 36
Expectations and Market View: Traders appear divided on future movements, with mixed sentiment likely reflecting varying views on market direction for commodities.
ZoomInfo Technologies Inc. (ZI)
Sentiment: Bearish
Options Activity: Put buying at the 11 strike, expiring on 2024-11-15, with notable size greater than prior open interest.
Total Values: Key transaction valued at $220,600.
Strike Price: 11
Expectations and Market View: Potential downside protection or speculative bearish bets are being placed as traders prepare for possible declines.
Invesco QQQ Trust (QQQ)
Sentiment: Bearish or hedging
Options Activity: Put buying at the 510 strike, expiring on 2025-01-17.
Total Values: Significant transaction valued at $1,184,000.
Strike Price: 510
Expectations and Market View: Long-term bearish sentiment suggests trader is positioning for a potential market decline or hedging bullish positions over an extended period.
SPDR S&P China ETF (FXI)
Sentiment: Mixed
Options Activity: Both call buying and put selling observed, primarily expiring on 2025-03-21 at strikes 29 and 37.
Total Values: Transactions ranged between $1,545,000 and $1,140,000.
Strike Price: 29 (puts) and 37 (calls)
Expectations and Market View: Mixed trades may indicate hedging strategies or differing views on market movement for the Chinese market.
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
Noble Corporation PLC (NE)
Buyer: APMH Invest A/S (Large shareholder)
Shares Purchased: 330,000 (+1.1%)
Price: USD 35.19
Total Value: USD 11,612,700
CVR Partners LP (UAN)
Buyer: ICAHN CARL C (Large shareholder)
Shares Purchased: 23,910 (+75.6%)
Price: USD 68.76
Total Value: USD 1,644,052
OPKO Health Inc (OPK)
Buyer: FROST PHILLIP MD ET AL (CEO & Chairman, Executive Director Large shareholder)
Shares Purchased: 280,183 (+0.1%)
Price: USD 1.50
Total Value: USD 421,535
US Insider Sales
Amazon.com Inc (AMZN)
Seller: BEZOS JEFFREY P (Executive Chair, Executive Director Large shareholder)
Shares Sold: 1,807,570 (-0.2%)
Price: USD 209.84
Total Value: USD 379,307,358
Robinhood Markets Inc (HOOD)
Seller: Malka Meyer (Non-Executive Director)
Shares Sold: 2,791,306 (-9.6%)
Price: USD 30.25
Total Value: USD 84,426,958
Alkami Technology Inc (ALKT)
Seller: GENERAL ATLANTIC, L.P. (Non-Executive Director Large shareholder)
Shares Sold: 2,500,000 (-16.1%)
Price: USD 37.50
Total Value: USD 93,750,000
Simply Good Foods Co (SMPL)
Seller: SCALZO JOSEPH (Non-Executive Director)
Shares Sold: 225,912 (-61.9%)
Price: USD 35.67
Total Value: USD 8,058,304
Altice USA Inc (ATUS)
Seller: Next Alt S.a.r.l. (Non-Executive Director Large shareholder)
Shares Sold: 268,409 (-0.8%)
Price: USD 25.68
Total Value: USD 6,893,709
CDN Insider Purchases
Premium Brands Holdings Corp (PBH)
Buyer: Ciampi, Johnny (Non-Executive Director)
Shares Purchased: 3,500 (+30.4%)
Price: CAD 77.02
Total Value: CAD 269,570
Premium Brands Holdings Corp (PBH)
Buyer: Hodge, John Bruce (Non-Executive Director)
Shares Purchased: 3,000 (+0.9%)
Price: CAD 77.31
Total Value: CAD 231,922
Lion Copper and Gold Corp (LEO)
Buyer: Alford, Tony Lee (Large Shareholder)
Shares Purchased: 14,000,000 (+19.0%)
Price: USD 0.05
Total Value: USD 630,000
Spark Energy Minerals Inc (EMIN)
Buyer: Hodgson A., Eugene (Executive Director)
Shares Purchased: 200,000 (+133.3%)
Price: CAD 0.15
Total Value: CAD 30,000
Inventus Mining Corp (IVS)
Buyer: Milne, Glen Alexander (Non-Executive Director)
Shares Purchased: 500,000 (+101.2%)
Price: CAD 0.05
Total Value: CAD 25,000
CDN Insider Sales
Fortis Inc (FTS)
Seller: Laurito, James P. (Executive Director)
Shares Sold: 22,810 (-53.9%)
Price: USD 43.98
Total Value: USD 1,003,161
iA Financial Corporation Inc (IAG)
Seller: O’Brien, Sean Albert (Senior Officer)
Shares Sold: 10,000 (-87.0%)
Price: CAD 130.94
Total Value: CAD 1,309,376
Andlauer Healthcare Group Inc (AND)
Seller: Skelton, Ronald Martin (Executive Director)
Shares Sold: 10,000 (-6.2%)
Price: CAD 44.50
Total Value: CAD 444,989
PHX Energy Services Corp (PHX)
Seller: Ritchie, Cameron Michael (Senior Officer)
Shares Sold: 50,000 (-26.3%)
Price: CAD 9.85
Total Value: CAD 492,250
Endeavour Silver Corp (EDR)
Seller: Gray, Donald Paul (Senior Officer)
Shares Sold: 100,000
Price: CAD 6.62
Total Value: CAD 661,650
Institutional Spotlight: BlackRock’s Strategic Positions in Mind Medicine (MindMed) Inc. (MNMD) and CleanSpark, Inc. (CLSK)
BlackRock, Inc. has maintained significant holdings in both Mind Medicine (MindMed) Inc. (MNMD) and CleanSpark, Inc. (CLSK). As of November 8, 2024, BlackRock disclosed ownership of 5,664,033 shares in MindMed, representing 7.0% of the company’s outstanding shares. This position remains unchanged from their previous filing on October 22, 2024, reflecting sustained confidence in MindMed’s strategy and potential within the psychedelic medicine sector.
BlackRock also reported holding 19,473,511 shares in CleanSpark, equating to 7.7% ownership. Their consistent stake highlights confidence in CleanSpark’s focus on Bitcoin mining. CleanSpark, a U.S.-based Bitcoin mining company, holds nearly 9,000 Bitcoin and produces over 600 new Bitcoin monthly. This positions CleanSpark as one of the most leveraged entities to Bitcoin price movements, with operations entirely based in the U.S., benefiting from potential favorable shifts in regulatory policy.
The recent Trump administration’s deregulatory approach toward cryptocurrencies and psychedelic therapies for mental health could benefit both MindMed and CleanSpark. MindMed stands to gain from eased regulations, potentially streamlining research and development efforts for innovative therapies. CleanSpark’s substantial Bitcoin holdings and consistent production capacity position it to capitalize on favorable shifts in cryptocurrency valuations.
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 – 2024-11-09
ABT, ACLX, ACRV, ADMA, ADSK, ADT, AESI, AEYE, AGR, AGX, AHCO, AHH, AJG, ALL, ALNY, AM, AMP, AMSC, ANDE, ANF, AON, APGE, APO, APP, APTV, ARES, ARIS, ARQ, ARQT, ASPI, ATMU, AVA, AXON, AXP, BAC, BCC, BCYC, BDSX, BEAT, BECN, BGC, BHRB, BHVN, BILL, BKLN, BKNG, BKU, BL, BLK, BLND, BOKF, BRKL, BROS, BSX, BTDR, BTM, BTO, BV, BWIN, BX, BXMX, BXP, CACI, CARG, CARR, CAVA, CBSH, CBU, CCL, CEE, CFR, CGON, CHD, CHRW, CHWY, CIEN, CIFR, CIM, CLM, CLS, CMA, CMBS, CMC, CME, CMG, CMI, CNP, CNTA, COHR, COOP, CORZ, CPRT, CPT, CRC, CRDO, CRGX, CRH, CRM, CRS, CRVL, CSWI, CSX, CTAS, CVBF, CVNA, CW, CWB, CWBC, DAL, DASH, DAWN, DCTH, DECK, DFH, DGII, DGX, DIS, DKS, DLR, DOCS, DOCU, DORM, DTM, DUOL, DY, EBC, EGP, EME, EMHY, ENVA, EQR, ERAS, ETN, ETR, EVRG, EWTX, EXPO, FBTC, FCF, FDX, FEX, FFIN, FHTX, FI, FIBK, FIHL, FIP, FIX, FLUT, FOUR, FR, FRHC, FRME, FRPT, FTAI, FTNT, FWONK, GCI, GE, GEF, GEV, GGT, GGZ, GKOS, GLBE, GLW, GM, GME, GOLF, GPOR, GRND, GSHD, HALO, HCI, HCP, HD, HDB, HLMN, HLT, HOMB, HON, HPE, HPF, HROW, HTLF, HUBS, HWM, HYGH, IBKR, ICFI, ICVT, IESC, IKT, INDB, INOD, INSG, INSM, INTU, IOT, IRDM, IRON, ISRG, ITRI, ITT, JAZZ, JCI, JHG, JPM, KAI, KEYS, KGS, KKR, KMPR, KNX, KROS, KTOS, KW, LAZ, LBRDK, LDOS, LH, LITE, LLY, LMB, LMT, LOAR, LOPE, LYFT, MA, MAA, MAMA, MBB, MCD, MCO, MGNI, MITT, MKL, MLTX, MMM, MNDY, MNMD, MOD, MRCY, MREO, MSI, MTUM, MTZ, MWA, NATL, NBXG, NCNO, NDAQ, NEXT, NHI, NN, NRIX, NTRA, NU, NUVL, NVEI, NWBI, OCUL, OGE, OMF, ONON, OOMA, ORCL, ORI, OWL, PAYC, PCAR, PCF, PFGC, PFS, PFSI, PG, PGR, PI, PLCE, PLNT, PLTR, PLXS, PMTS, POWL, PPC, PPL, PRIM, PSN, PUTW, PYPL, QNST, QTWO, RBC, RBRK, RCL, RDDT, RDVT, RDW, REAL, REPL, REVG, RGA, ROAD, ROST, RSI, RSSS, RTX, RVMD, RYAN, SAVA, SBUX, SCHW, SEZL, SFM, SFNC, SHOP, SHW, SKY, SLVM, SMMT, SMPL, SMR, SMTC, SNBR, SNDR, SNWVD, SON, SPB, SPG, SPGI, SPOT, SPXC, SR, SRE, SSNC, SSO, STEP, STLD, STRL, SUM, SWX, TARS, TBBK, TDG, TEAM, TERN, TGLS, TGTX, THRD, TISI, TJX, TLSA, TOST, TPX, TRMB, TRU, TSLA, TSM, TT, TTGT, TVTX, TW, TYL, UAL, UNFI, UNH, USDU, USFD, UTHR, UTZ, UUP, V, VCTR, VEON, VERX, VIAV, VRRM, VRSK, VRT, VST, VTV, VTWO, VUG, WAB, WBS, WEAV, WEC, WELL, WGS, WIX, WM, WMT, WSO, WULF, WWD, WYY, XHB, XLE, XLF, YEXT, Z, ZBRA, ZETA, ZM, ZURA
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional – 2024-11-09
ACO/X.TO, AIF.TO, ALA.TO, ATD.TO, ATZ.TO, BAM.TO, BEPC.TO, BMO.TO, BNS.TO, CAE.TO, CCA.TO, CFP.TO, CGO.TO, CIGI.TO, CLS.TO, CMG.TO, CPX.TO, CTC/A.TO, CWB.TO, DBM.TO, DCBO.TO, DNTL.TO, DOL.TO, DSG.TO, ECN.TO, EFN.TO, ENB.TO, EQX.TO, EXE.TO, FN.TO, FSV.TO, FTS.TO, GLXY.TO, GRT/UN.TO, GWO.TO, H.TO, IFC.TO, IGM.TO, IMG.TO, JWEL.TO, LB.TO, LSPD.TO, MATR.TO, MDA.TO, MG.TO, MOGO.TO, MTY.TO, MX.TO, NA.TO, NVA.TO, NVEI.TO, NXE.TO, ONEX.TO, PET.TO, PNE.TO, POW.TO, PRL.TO, SES.TO, T.TO, TD.TO, TRI.TO, VHI.TO, WPM.TO, X.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!
