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.
Just a friendly reminder: Please pay close attention to the Daily Setups and Workspace scan results for potential future additions to stay ahead of the game.
If you’re facing challenges understanding the Daily Setups or need help crafting a trading strategy, don’t hesitate to ask for assistance. You can contact me via email at info@setyourstop.com or reach me through the Workspace. Let’s schedule a meeting to address your specific requirements and provide you with the guidance you need.
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.
SPDR S&P 500 ETF Trust (SPY)
Sentiment: Mixed
Options Activity: A 2024-11-22 put bought for $3,470,440 at a strike price of 605, followed by a 2024-11-15 put sold for $1,625,820 at the same strike.
Total Values: $5,096,260
Strike Price: 605
Market View: Elevated demand suggests heightened market caution.
SPDR S&P 500 ETF Trust (SPY)
Sentiment: Bullish
Options Activity: Heavy put selling, with expirations on November 15 and 22, 2024.
Total Values: $5.09 million across all trades.
Strike Price: $570 strike.
Expectations: Price may stabilize around the $570 level due to bullish sentiment.
iShares Russell 2000 ETF (IWM)
Sentiment: Bullish
Options Activity: Sold a 2024-11-15 put for $894,000 and a 2024-12-20 put for $1,242,360.
Total Values: $2,136,360
Strike Price: 207, 209
Market View: Each trade suggests price action will stay above the strike price.
Amazon.com, Inc. (AMZN)
Sentiment: Bearish
Options Activity: Notable call selling immediately after earnings.
Total Values: $4.65 million across trades.
Strike Price: $197.985 strike.
Expectations: Price may be capped in the short-term.
Palantir Technologies Inc. (PLTR)
Sentiment: Bearish
Options Activity: Sold a 2027-01-15 call for $3,277,520 at strike 60 in two trades.
Total Values: $3,277,520
Strike Price: 60
Wolfspeed, Inc. (WOLF)
Sentiment: Bullish
Options Activity: Significant call buying, indicating confidence in price recovery.
Total Values: $634,659 across trades.
Strike Price: $13.32 strike.
Expectations: Anticipation of upward price movement.
Market View: Positive outlook supported by favorable industry trends.
Roblox Corporation (RBLX)
Sentiment: Bullish
Options Activity: Buy call options expiring on January 16, 2026, suggesting strong bullish activity.
Total Values: $1,736,000 across all trades.
Strike Price: $55 strike.
Avago Technologies Limited (AVGO)
Sentiment: Bullish
Options Activity: Sell put options expiring on June 20, 2025, indicating bullish outlook.
Total Values: $4,485,000 across all trades.
Strike Price: $158 strike.
Dave & Buster’s Entertainment, Inc. (PLAY)
Sentiment: Bullish
Options Activity: Buy call options expiring on April 17, 2025, indicating bullish sentiment.
Total Values: $407,730 across all trades.
Strike Price: $45 strike.
ARK Innovation ETF (ARKK)
Sentiment: Bullish
Options Activity: Sell put options expiring on December 19, 2025, suggesting bullish sentiment.
Total Values: $434,666 across all trades.
Strike Price: $42 strike.
Direxion Daily Semiconductor Bull 3X Shares (SOXL)
Sentiment: Bullish
Options Activity: Sell put options expiring on January 15, 2027, indicating bullish outlook.
Total Values: $9,354,920 across all trades.
Strike Price: $20 – $22 strikes.
Riot Blockchain, Inc. (RIOT)
Sentiment: Bullish
Options Activity: Buy call options expiring on March 21, 2025, suggesting strong bullish activity.
Total Values: $1,332,000 across all trades.
Strike Price: $15 strike.
CLSK (CleanSpark Inc.)
Sentiment: Bullish
Options Activity: Call buying indicates speculative interest and potential expectations for upward price movement.
Total Values: $243,000 across trades.
Strike Price: $10.325
AAPL (Apple Inc.)
Sentiment: Bullish
Options Activity: Active put selling and call buying indicates bullish sentiment around product launches.
Total Values: $10.32 million across trades.
Strike Price: $222.5 – $230 strike.
Expectations: Price likely to stabilize and trend upwards.
Market View: Strong product pipeline supports positive market perception.
META (Meta Platforms, Inc.)
Sentiment: Mixed
Options Activity: Call selling indicates profit-taking or hedging strategies around earnings reports.
Total Values: $6.13 million across trades.
Strike Price: $570.264 – $580 strike.
Expectations: Market stability with potential for upward movement post-earnings.
Market View: Overall mixed sentiments surrounding tech stocks.
GraniteShares 2x Long NVDA Daily ETF (NVDL)
Sentiment: Bullish
Options Activity: Bought a total of two call options expiring on December 20, 2024, for $3,809,990 and $2,292,350.
Total Values: $6,102,340 across both trades.
Strike Price: $72.11 – $72.145.
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
John Hancock GA Mortgage Trust
Buyer: Manufacturers Life Reinsurance Ltd (Large shareholder)
Shares Purchased: 4,000,000 (+[Percentage Change in Holdings]%)
Price: USD 18.16
Total Value: USD 72,624,800
Graybug Vision Inc (GRAY)
Buyer: Leheny A. Rachel (Executive Director Large shareholder)
Shares Purchased: 20,000 (+[Percentage Change in Holdings]%)
Price: USD 3.75
Total Value: USD 75,000
Central Valley Community Bancorp (CVCY)
Buyer: BARTLEIN ROBERT (Non-Executive Director)
Shares Purchased: 1,000 (+[Percentage Change in Holdings]%)
Price: USD 18.80
Total Value: USD 18,800
Capital Bancorp Inc (CBNK)
Buyer: Canuso Dominic C (Officer)
Shares Purchased: 493 (+[Percentage Change in Holdings]%)
Price: USD 25.42
Total Value: USD 12,532
Capital Bancorp Inc (CBNK)
Buyer: Canuso Dominic C (Officer)
Shares Purchased: 348 (+[Percentage Change in Holdings]%)
Price: USD 25.41
Total Value: USD 8,843
US Insider Sales
Donegal Group Inc (DGICA)
Seller: PANDEY SANJAY (Officer)
Shares Sold: 35,000 (-[Percentage Change in Holdings]%)
Price: USD 15.50
Total Value: USD 542,360
Donegal Group Inc (DGICA)
Seller: SPONIC DAVID WAYNE (Officer)
Shares Sold: 12,000 (-[Percentage Change in Holdings]%)
Price: USD 15.50
Total Value: USD 185,952
CDN Insider Purchases
Stack Capital Group Inc (STCK)
Buyer: Meiers, Jason (Senior Officer of Issuer)
Shares Purchased: 44,700 (+54.8%)
Price: CAD 11.00
Total Value: CAD 491,700
Gold Reserve Ltd.
Buyer: Camac Partners, LLC (Large shareholder)
Shares Purchased: 70,000 (+0.7%)
Price: CAD 2.24
Total Value: CAD 156,653
Hemostemix Inc (HEM)
Buyer: Smeenk, Thomas (Non-Executive Director)
Shares Purchased: 3,009,491 (+None%)
Price: CAD 0.05
Total Value: CAD 150,475
Collective Mining Ltd (CNL)
Buyer: Mehra, Ashwath (Non-Executive Director)
Shares Purchased: 40,000 (+3.2%)
Price: CAD 5.00
Total Value: CAD 200,000
Anthem Citizen Real Estate Development Trust
Buyer: Wade, Brooke Nelson (Non-Executive Director)
Shares Purchased: 50,000 (+None%)
Price: CAD 10.00
Total Value: CAD 500,000
CDN Insider Sales
Talon Metals Corp.
Seller: Resource Capital Fund VI L.P. (Large shareholder)
Shares Sold: 114,588,550 (-None%)
Price: CAD 0.08
Total Value: CAD 9,167,084
Institutional Spotlight: Septerna, Inc. (SEPN)
In a significant move within the biotechnology sector, Biotechnology Value Fund LP, managed by Mark Lampert, has filed an SC 13G indicating ownership of 2,452,024 shares of Septerna, Inc., representing 5.50% of the company’s outstanding shares. This acquisition, filed on November 1, 2024, follows an event date of October 25, 2024, and marks a substantial change as it accounts for a 100% new investment.
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 – 2024-11-01
AGX, AMZN, ANET, APH, AVT, AXNX, AY, BDC, BKNG, BLCO, BLK, BNTC, BV, BX, CACI, CART, CBSH, CBU, CCK, CEE, CLM, CLS, CNK, CNTX, COMP, CRDO, CRH, DAL, DOCS, DOCU, DORM, DUOL, ELDN, EME, ENVA, EOLS, ETN, EWTX, EZPW, FIX, FNGS, FTAI, FWONK, GILD, GLW, GM, GMED, GTES, HCP, HLMN, HLT, HPE, IBKR, IESC, INOD, IP, IPI, ISRG, ITRI, JHG, JPI, JPM, KMPR, KVYO, LAZ, LITE, MA, MD, MNDY, MNKD, MRVL, MTSI, MTZ, MWA, NBXG, NCNO, NDAQ, NFLX, NN, NNI, NOW, NVDA, OSW, PFS, PLXS, POWL, PPC, PRIM, PSN, PTGX, QTWO, RDW, REPL, ROAD, RSI, RVMD, RZLT, SANM, SATX, SE, SFM, SFNC, SLNO, SMTC, SNDR, SWI, TARS, TGTX, THRD, TOST, TPC, TSM, UAL, UTHR, VCTR, VERX, VUG, WMT, XLF, YOU, YPF, ZBRA, ZIM, ZWS
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional – 2024-11-01
AAUC.TO, AC.TO, AGF/B.TO, ARE.TO, ARG.TO, ATRL.TO, ATZ.TO, BAM.TO, BBD/B.TO, BDT.TO, BNS.TO, CAS.TO, CEU.TO, CFP.TO, CIX.TO, CLS.TO, CM.TO, DCBO.TO, DNG.TO, DNTL.TO, DOL.TO, DSG.TO, ECN.TO, EFX.TO, ENB.TO, FFH.TO, FM.TO, FSZ.TO, FURY.TO, HBM.TO, HITI.V, IAG.TO, IFC.TO, IFP.TO, IGM.TO, KEY.TO, L.TO, LAC.TO, MDA.TO, MG.TO, MTL.TO, NEO.TO, NOA.TO, NVEI.TO, NWC.TO, ONEX.TO, OR.TO, POW.TO, PZA.TO, SES.TO, SLF.TO, SSL.TO, STLC.TO, STN.TO, SXP.TO, TOT.TO, TRI.TO, TVE.TO, TVK.TO, TXG.TO, VHI.TO, WN.TO, WSP.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!