Notice: The Unusual Activity report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.

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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.

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.

Options Flow Analysis: Trading Day 2025-9-26

The following analysis focuses on the Stock Options Flow Leaderboard for the trading day 2025-9-26. Each section highlights significant institutional activity, providing sentiment, key observations, and market expectations based on the data. All numbers represent large block trades likely executed by institutional players, not total-market figures.

Note: This report highlights institutional block option flow based on net premium. Strike prices and expiration dates are not available with block data.

Tesla, Inc. (TSLA)
Sentiment: Bullish
Options Activity: Significant call buying activity occurred alongside heavy put selling with substantial premium collected. While some calls were also sold, net flows leaned strongly bullish as institutions positioned for upside while simultaneously betting shares will hold above key levels.
Total Premium: $11,236,660
Analysis: The large positive net premium highlights sustained institutional conviction in Tesla’s upside potential, with combined call purchases and put selling reinforcing a confident bullish stance.

MicroStrategy Inc. (MSTR)
Sentiment: Bullish
Options Activity: Institutions displayed strong interest in upside with heavy call buying, supported by put selling that collected additional premium. Call sales were present but outweighed by aggressive bullish flows.
Total Premium: $10,371,997
Analysis: Net premium positioning reflects bullish conviction, with exposure geared toward continued appreciation in MicroStrategy shares.

Synopsys, Inc. (SNPS)
Sentiment: Bullish
Options Activity: Modest call buying was overshadowed by large-scale put selling, where premium was collected. This shows confidence in the stock holding firm above current levels.
Total Premium: $7,833,130
Analysis: The heavy reliance on put selling signals investors favoring stability or moderate upside rather than aggressive speculation. Overall positioning remains bullish.

The Trade Desk, Inc. (TTD)
Sentiment: Bullish
Options Activity: A mix of call buying and notable put selling activity drove the flow, with put sellers collecting significant premium while adding to bullish posture.
Total Premium: $7,484,333
Analysis: Institutions appear positioned for upside continuation, with premium flow weighted toward bullish strategies.

Amazon.com, Inc. (AMZN)
Sentiment: Bullish
Options Activity: Institutions engaged in steady call buying, complemented by put selling that generated collected premium. Though some calls were sold, overall flow tilted bullish.
Total Premium: $4,948,979
Analysis: Combined call buying and put selling suggests investors are confident in Amazon’s resilience and further gains.

Freeport-McMoRan Inc. (FCX)
Sentiment: Bullish
Options Activity: Heavy call buying paired with bullish put selling drove flows. Premium collected on puts further strengthened the bias toward upside.
Total Premium: $4,836,835
Analysis: Options positioning reflects strong institutional confidence in Freeport, signaling expectations of continued strength in the commodity cycle.

Alphabet Inc. (GOOGL)
Sentiment: Bullish
Options Activity: Strong call buying dominated flows, supported by smaller but meaningful put selling activity. Some call sales muted the effect but overall positioning remained bullish.
Total Premium: $4,794,464
Analysis: Net premium flow points to ongoing institutional demand for upside exposure in Alphabet.

Hims & Hers Health, Inc. (HIMS)
Sentiment: Bullish
Options Activity: Institutions accumulated calls and sold puts to collect premium, aligning bullish strategies. Despite some call sales, positioning leaned decisively positive.
Total Premium: $4,444,056
Analysis: Flows highlight bullish conviction in continued growth momentum for Hims & Hers.

Rocket Companies, Inc. (RKT)
Sentiment: Bullish
Options Activity: Strong call buying combined with put selling drove flows, with premium collected reinforcing a bullish outlook.
Total Premium: $4,151,875
Analysis: Institutions are building upside exposure in Rocket, signaling confidence in housing and mortgage-related trends.

Rigetti Computing, Inc. (RGTI)
Sentiment: Bullish
Options Activity: Call buying paired with put selling collected premium, creating a bullish skew despite some call sales.
Total Premium: $3,928,426
Analysis: Institutions appear positioned for appreciation in Rigetti shares, showing confidence in the stock’s trajectory.

uniQure N.V. (QURE)
Sentiment: Bullish
Options Activity: Large call buying dominated flows, supported by put selling that collected premium.
Total Premium: $3,875,990
Analysis: Strong institutional interest highlights bullish conviction, with exposure geared toward upside participation.

PDD Holdings Inc. (PDD)
Sentiment: Bullish
Options Activity: Notable put selling was the dominant driver, with institutions collecting premium and showing confidence the stock will hold above key levels.
Total Premium: $3,537,098
Analysis: Bullish flows reflect positioning for stability and potential upside in PDD shares.

American Airlines Group Inc. (AAL)
Sentiment: Bullish
Options Activity: Call activity was modest, but institutions aggressively sold puts to collect premium, showing confidence in stability above current levels.
Total Premium: $3,039,614
Analysis: Heavy put selling underscores bullish sentiment, indicating institutions expect resilience in American Airlines shares.

Apple Inc. (AAPL)
Sentiment: Bullish
Options Activity: Call buying activity outpaced call sales, and put selling provided additional bullish weight. Some put buying offset flows slightly but overall direction stayed positive.
Total Premium: $2,432,415
Analysis: Institutions remain constructive on Apple, positioning for continued resilience and growth.

Peloton Interactive, Inc. (PTON)
Sentiment: Bullish
Options Activity: Calls were actively bought, paired with put selling that generated premium collected. Despite modest hedging activity, flows leaned bullish.
Total Premium: $2,000,075
Analysis: Flows show institutional willingness to accumulate bullish exposure, suggesting optimism toward a rebound in Peloton shares.

XPO, Inc. (XPO)
Sentiment: Bullish
Options Activity: A single large block of calls was purchased, creating strong bullish exposure with no offsetting put activity.
Total Premium: $1,770,000
Analysis: The concentrated flow highlights aggressive bullish positioning in XPO.

Bitmine Immersion Technologies, Inc. (BMNR)
Sentiment: Bullish
Options Activity: Institutions engaged in both call buying and put selling, with premium collected supporting bullish bias despite some call sales.
Total Premium: $1,769,737
Analysis: Net premium flow shows continued institutional interest, positioning for upside in Bitmine shares.

Microsoft Corporation (MSFT)
Sentiment: Bullish
Options Activity: Call buying led flows, supported by put selling with premium collected. Some hedging occurred but was overshadowed by bullish activity.
Total Premium: $1,741,314
Analysis: Institutions remain bullish on Microsoft, reflected in steady net premium inflows.

Walmart Inc. (WMT)
Sentiment: Bullish
Options Activity: Call buying was balanced by some call sales, but notable put selling with premium collected tilted the activity bullish.
Total Premium: $1,734,690
Analysis: Institutions show constructive positioning in Walmart, using put sales and call exposure to lean bullish.

Tickers: TSLA, MSTR, SNPS, TTD, AMZN, FCX, GOOGL, HIMS, RKT, RGTI, QURE, PDD, AAL, AAPL, PTON, XPO, BMNR, MSFT, WMT

Important Note: The numbers above only represent aggregate figures of large block trades made by institutions. They are not total-market figures and should not be interpreted as such.

Individual Options Trades: Trading Day 2025-9-26

This section focuses on unusual trades that stand out on an individual basis. These trades are highlighted for their distinctiveness, reflecting significant activity that diverges from typical market behavior.

Cenovus Energy Inc. (CVE)
Sentiment: Bullish
Options Activity: Buyers acquired calls with expiry on October 17, 2025, at a strike price of $18, which was generally at or slightly above/below the spot price; one trade noted size exceeding prior open interest.
Total Values: Total premium paid $264,990
Strike Price: $18
Analysis: With 21 days to expiration, the acquisition of these calls reflects bullish expectations as investors are paying premiums to bet on an upward movement in the stock price beyond the strike, and the instance where trade size surpassed prior open interest points to fresh positioning being established.

NexGen Energy Ltd. (NXE)
Sentiment: Bullish
Options Activity: Buyers purchased calls with expiries on November 21, 2025, and October 17, 2025, at a strike price of $10, which was above the spot price in most cases; one trade highlighted size exceeding prior open interest.
Total Values: Total premium paid $560,554
Strike Price: $10
Analysis: With 56 days to expiration for some contracts and 21 days for others, this call buying activity signals bullish sentiment since participants are wagering on price appreciation above the strike, particularly noteworthy with the trade size larger than prior open interest suggesting new bullish bets.

Intel Corporation (INTC)
Sentiment: Bullish
Options Activity: Buyers obtained calls with expiry on November 21, 2025, at a strike price of $44, significantly above the spot price; one trade indicated size exceeding prior open interest.
Total Values: Total premium paid $1,057,688
Strike Price: $44
Analysis: With 56 days to expiration, the purchase of these out-of-the-money calls demonstrates strong bullish conviction, as investors are investing substantial premiums anticipating a rally well beyond the current spot, and the oversized trade relative to prior open interest implies initiation of new positions.

Amazon.com, Inc. (AMZN)
Sentiment: Bullish
Options Activity: Buyers secured calls with expiries on October 10, 2025, and September 18, 2026, at strike prices of $225 and $215, which were above or below the spot price respectively; one trade marked size exceeding prior open interest.
Total Values: Total premium paid $2,847,078
Strike Price: $225, $215
Analysis: With 14 days to expiration for shorter-term contracts and 357 days for the longer-term one, this call activity conveys bullish outlook as buyers are positioning for gains above the strikes, with the larger-than-prior open interest trade indicating potential new speculative interest.

Aquestive Therapeutics, Inc. (AQST)
Sentiment: Bullish
Options Activity: Buyers took calls with expiries on February 20, 2026, May 15, 2026, and November 21, 2025, at strike prices of $10, $5, and $9, generally above or below the spot price; multiple trades noted size exceeding prior open interest.
Total Values: Total premium paid $391,310
Strike Price: $10, $5, $9
Analysis: With 147 days to expiration for some, 231 days for others, and 56 days for the shortest, the call purchases underscore bullish views with premiums paid to capture upside, and the trades exceeding prior open interest highlight likely new positioning in anticipation of positive developments.

BlackBerry Limited (BB)
Sentiment: Bullish
Options Activity: Buyers acquired calls with expiry on March 20, 2026, at a strike price of $6, above the spot price; one trade showed size exceeding prior open interest.
Total Values: Total premium paid $187,620
Strike Price: $6
Analysis: With 175 days to expiration, buying these calls expresses bullish sentiment through willingness to pay premiums for potential appreciation over the strike, and the size greater than prior open interest suggests establishment of fresh positions.

Skye Bioscience, Inc. (SKYE)
Sentiment: Bullish
Options Activity: Buyers purchased calls with expiry on October 17, 2025, at a strike price of $5, above the spot price; the trade noted size exceeding prior open interest.
Total Values: Total premium paid $82,500
Strike Price: $5
Analysis: With 21 days to expiration, this call buying indicates bullish expectations as the premium was paid betting on a rise above the strike, and exceeding prior open interest points to new positioning being opened.

AppLovin Corporation (APP)
Sentiment: Bullish
Options Activity: Buyers obtained calls with expiry on October 3, 2025, at a strike price of $700, above the spot price in all cases.
Total Values: Total premium paid $813,737
Strike Price: $700
Analysis: With 7 days to expiration, the acquisition of these calls reflects short-term bullish momentum, with investors paying premiums to profit from an expected increase beyond the high strike, suggesting confidence in near-term upside.

PDD Holdings Inc. (PDD)
Sentiment: Bullish
Options Activity: Sellers sold puts with expiry on December 19, 2025, at a strike price of $130, slightly below the spot price; the trade indicated size exceeding prior open interest.
Total Values: Total premium collected $3,019,540
Strike Price: $130
Analysis: With 84 days to expiration, selling these puts collects a substantial premium and implies bullish stance, as the seller anticipates the stock will remain above the strike, avoiding assignment, with the large size over prior open interest signaling new confident positioning.

Rocket Companies, Inc. (RKT)
Sentiment: Bullish
Options Activity: Buyers secured calls with expiry on November 21, 2025, at a strike price of $21, above the spot price; one trade highlighted size exceeding prior open interest.
Total Values: Total premium paid $4,099,076
Strike Price: $21
Analysis: With 56 days to expiration, this heavy call buying activity denotes bullish sentiment, as significant premiums were committed to leverage potential gains above the strike, and the oversized trade versus prior open interest indicates initiation of new bullish trades.

Butterfly Network, Inc. (BFLY)
Sentiment: Bullish
Options Activity: Buyers took calls with expiry on January 15, 2027, at a strike price of $3, above the spot price; two trades noted size exceeding prior open interest.
Total Values: Total premium paid $171,180
Strike Price: $3
Analysis: With 476 days to expiration, purchasing these long-dated calls shows long-term bullish optimism, with premiums paid for extended exposure to upside, and multiple instances of size exceeding prior open interest suggesting substantial new positions being built.

SkyWater Technology, Inc. (SKYT)
Sentiment: Bullish
Options Activity: Buyers acquired calls with expiry on October 31, 2025, at a strike price of $20, above the spot price; all trades marked size exceeding prior open interest.
Total Values: Total premium paid $181,600
Strike Price: $20
Analysis: With 35 days to expiration, the call buys convey bullish expectations through premiums invested for price advances over the strike, and the consistent outpacing of prior open interest implies active new positioning.

UP Fintech Holding Limited (TIGR)
Sentiment: Bullish
Options Activity: Buyers purchased calls with expiry on January 16, 2026, at a strike price of $13, above the spot price.
Total Values: Total premium paid $120,224
Strike Price: $13
Analysis: With 112 days to expiration, this call activity signals bullish intent as investors are paying to position for growth beyond the strike, potentially indicating emerging interest in upward momentum.

Bitmine Immersion Technologies, Inc. (BMNR)
Sentiment: Bullish
Options Activity: Buyers obtained calls with expiry on January 16, 2026, at a strike price of $49, essentially at the spot price; the trade noted size exceeding prior open interest.
Total Values: Total premium paid $1,313,990
Strike Price: $49
Analysis: With 112 days to expiration, buying these at-the-money calls reflects bullish views with a large premium outlay for breakeven above the strike plus premium, and surpassing prior open interest points to new speculative bets.

Draganfly Inc. (DPRO)
Sentiment: Bullish
Options Activity: Buyers secured calls with expiries on April 17, 2026, and January 15, 2027, at a strike price of $7.5, above the spot price.
Total Values: Total premium paid $258,855
Strike Price: $7.5
Analysis: With 203 days to expiration for some contracts and 476 days for others, the call purchases indicate sustained bullish sentiment, committing premiums for long-term upside potential, suggesting confidence in future appreciation.

Erasca, Inc. (ERAS)
Sentiment: Bullish
Options Activity: Buyers took calls with expiry on April 17, 2026, at a strike price of $2, near the spot price; both trades showed size exceeding prior open interest.
Total Values: Total premium paid $43,900
Strike Price: $2
Analysis: With 203 days to expiration, acquiring these calls expresses bullish expectations as premiums are paid anticipating rises above the strike, with the larger sizes than prior open interest indicating new positions amid potential catalysts.

uniQure N.V. (QURE)
Sentiment: Bullish
Options Activity: Buyers acquired calls with expiry on January 16, 2026, at a strike price of $31, well below the spot price; both trades noted size exceeding prior open interest.
Total Values: Total premium paid $3,073,780
Strike Price: $31
Analysis: With 112 days to expiration, the deep in-the-money call buying suggests strong bullish conviction, effectively leveraging for upside with lower risk, and exceeding prior open interest highlights significant new positioning.

SUI Group Holdings Limited (SUIG)
Sentiment: Bullish
Options Activity: Buyers purchased calls with expiry on January 16, 2026, at strike prices of $7.5 and $10, above the spot price; one trade marked size exceeding prior open interest.
Total Values: Total premium paid $47,500
Strike Price: $7.5, $10
Analysis: With 112 days to expiration, this call activity denotes bullish outlook as investors position for substantial gains over the strikes, with the oversized trade implying fresh interest in upward potential.

iShares Ethereum Trust ETF (ETHA)
Sentiment: Bullish
Options Activity: Sellers sold puts with expiry on January 21, 2028, at a strike price of $26, below the spot price, with size exceeding prior open interest; additionally, buyers bought calls with expiry on January 16, 2026, at a strike price of $24, below the spot price, also with size exceeding prior open interest.
Total Values: Total premium collected $679,422 for puts; total premium paid $400,500 for calls
Strike Price: $26 (puts), $24 (calls)
Analysis: With 847 days to expiration for the puts and 112 days for the calls, the put selling collects premiums betting the price stays above the strike for bullish stability, while the call buying adds to upside exposure; both with sizes over prior open interest suggest new bullish strategies.

XPO, Inc. (XPO)
Sentiment: Bullish
Options Activity: Buyers obtained calls with expiry on October 17, 2025, at a strike price of $130, above the spot price; the trade indicated size exceeding prior open interest.
Total Values: Total premium paid $1,770,000
Strike Price: $130
Analysis: With 21 days to expiration, purchasing these calls signals bullish anticipation of a move higher beyond the strike, with the large premium and size surpassing prior open interest pointing to new aggressive positioning.

Bakkt Holdings, Inc. (BKKT)
Sentiment: Bullish
Options Activity: Buyers secured calls with expiry on October 17, 2025, at a strike price of $20, above the spot price.
Total Values: Total premium paid $958,774
Strike Price: $20
Analysis: With 21 days to expiration, the call buys reflect short-term bullish sentiment, paying premiums to capitalize on expected gains above the strike, potentially indicating momentum building.

Amrize AG (AMRZ)
Sentiment: Bullish
Options Activity: Buyers took calls with expiry on April 17, 2026, at a strike price of $40, below the spot price; both trades noted size exceeding prior open interest.
Total Values: Total premium paid $1,718,210
Strike Price: $40
Analysis: With 203 days to expiration, acquiring these in-the-money calls shows bullish leverage for further appreciation, with substantial premiums and sizes exceeding prior open interest suggesting significant new positions.

Tickers: CVE, NXE, INTC, AMZN, AQST, BB, SKYE, APP, PDD, RKT, BFLY, SKYT, TIGR, BMNR, DPRO, ERAS, QURE, SUIG, ETHA, XPO, BKKT, AMRZ

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

Worthington Industries Inc (WOR)
Buyer: Endres, Michael J (Non-Executive Director)
Shares Purchased: 10,000 (+11.7%)
Price: USD 52.95
Total Value: USD 529,500

New York City REIT Inc (NYCI)
Buyer: Schorsch, Nicholas S (Large shareholder)
Shares Purchased: 1,863 (+0.2%)
Price: USD 10.13
Total Value: USD 18,872

GCI Liberty Inc (GLIBA)
Buyer: Malone, John C (Non-Executive Director, Large shareholder)
Shares Purchased: 1,594 (+0.1%)
Price: USD 35.00
Total Value: USD 55,790

Global Partners LP (GLP)
Buyer: Global GP LLC (General Partner)
Shares Purchased: 5,000 (+3.0%)
Price: USD 50.08
Total Value: USD 250,400

Butler National Corp (BUKS)
Buyer: Daly, Joseph Patrick (Non-Executive Director, Large shareholder)
Shares Purchased: 5,561 (+0.1%)
Price: USD 1.80
Total Value: USD 10,010

Marvell Technology Inc (MRVL)
Buyer: Murphy, Matthew J (Chairman of the Board and CEO, Executive Director)
Shares Purchased: 13,600 (+5.3%)
Price: USD 77.09
Total Value: USD 1,048,424

Marvell Technology Inc (MRVL)
Buyer: Koopmans, Chris (President and COO, Officer)
Shares Purchased: 6,800 (+6.9%)
Price: USD 78.03
Total Value: USD 530,604

Marvell Technology Inc (MRVL)
Buyer: Meintjes, Willem A (Chief Financial Officer, Officer)
Shares Purchased: 3,400 (+2.6%)
Price: USD 78.03
Total Value: USD 265,302

Marvell Technology Inc (MRVL)
Buyer: Bharathi, Sandeep (President, Data Center Group, Officer)
Shares Purchased: 3,400 (+4.9%)
Price: USD 78.03
Total Value: USD 265,302

AGL Private Credit Income Fund
Buyer: Abu Dhabi Investment Authority (Large shareholder)
Shares Purchased: 4,561,402 (+33.1%)
Price: USD 24.62
Total Value: USD 112,301,718

US Insider Sales

Cipher Mining Inc (CIFR)
Seller: V3 Holding Ltd (Large shareholder)
Shares Sold: 1,777,894 (-2.4%)
Price: USD 12.80
Total Value: USD 22,757,043

Cipher Mining Inc (CIFR)
Seller: V3 Holding Ltd (Large shareholder)
Shares Sold: 1,679,532 (-2.2%)
Price: USD 11.87
Total Value: USD 19,936,045

Cipher Mining Inc (CIFR)
Seller: V3 Holding Ltd (Large shareholder)
Shares Sold: 47,114 (-0.1%)
Price: USD 13.52
Total Value: USD 636,981

Cloudflare Inc (NET)
Seller: Zatlyn, Michelle (President and Board Co-Chair, Executive Director)
Shares Sold: 9,968 (-39.2%)
Price: USD 213.41
Total Value: USD 2,127,231

Cloudflare Inc (NET)
Seller: Zatlyn, Michelle (President and Board Co-Chair, Executive Director)
Shares Sold: 8,224 (-20.4%)
Price: USD 211.43
Total Value: USD 1,738,775

Cloudflare Inc (NET)
Seller: Zatlyn, Michelle (President and Board Co-Chair, Executive Director)
Shares Sold: 6,587 (-20.6%)
Price: USD 212.23
Total Value: USD 1,397,985

Globalstar Inc (GSAT)
Seller: Jacobs, Paul E (Chief Executive Officer, Executive Director)
Shares Sold: 53,479 (-47.6%)
Price: USD 34.95
Total Value: USD 1,869,086

UiPath Inc (PATH)
Seller: Dines, Daniel (CEO and Chairman, Executive Director, Large shareholder)
Shares Sold: 122,733 (-6.2%)
Price: USD 12.02
Total Value: USD 1,474,846

Ciena Corp (CIEN)
Seller: Claflin, Bruce L. (Non-Executive Director)
Shares Sold: 8,461 (-13.4%)
Price: USD 140.12
Total Value: USD 1,185,555

Sky Quarry Inc (SKYQ)
Seller: Sealock, Valeria Vigas (Spouse of former CEO)
Shares Sold: 1,124,800 (-75.2%)
Price: USD 0.43
Total Value: USD 478,152

CDN Insider Purchases

Westgate Energy Inc (WGT)
Buyer: Ogle, Kelly (Director of Issuer, Non-Executive Director)
Shares Purchased: 50,000 (+37.2%)
Price: CAD 0.21
Total Value: CAD 10,500

Versamet Royalties Corporation
Buyer: O’Flaherty, Daniel (Director of Issuer, Senior Officer of Issuer, Executive Director)
Shares Purchased: 2,200 (+13.8%)
Price: CAD 9.31
Total Value: CAD 20,482

Versamet Royalties Corporation
Buyer: de Groot, Marcel H. (Director of Issuer, Non-Executive Director)
Shares Purchased: 10,500 (+0.6%)
Price: CAD 9.22
Total Value: CAD 96,810

Spanish Mountain Gold Ltd (SPA)
Buyer: Janes, Lembit (Director of Issuer, Non-Executive Director)
Shares Purchased: 1,852,000 (+2.3%)
Price: CAD 0.14
Total Value: CAD 250,020

Kodiak Copper Corp (KDK)
Buyer: Laycock, Mark (Senior Officer of Issuer, Officer)
Shares Purchased: 40,000 (+35.4%)
Price: CAD 0.62
Total Value: CAD 24,800

Killam Apartment REIT (KMP.UN)
Buyer: Walt, Manfred (Director of Issuer, Non-Executive Director)
Shares Purchased: 5,000 (+2.8%)
Price: CAD 17.60
Total Value: CAD 88,000

Killam Apartment REIT (KMP.UN)
Buyer: Walt, Manfred (Director of Issuer, Non-Executive Director)
Shares Purchased: 5,000 (+2.9%)
Price: CAD 17.80
Total Value: CAD 89,000

Intrepid Metals Corp (INTR)
Buyer: King & Bay West Management Corp. (Deemed Insider)
Shares Purchased: 95,000 (+8.5%)
Price: CAD 0.40
Total Value: CAD 38,000

Groupe Dynamite Inc (Pre-Merger)
Buyer: Stevens, David John (Senior Officer of Issuer, Officer)
Shares Purchased: 550 (+32.5%)
Price: CAD 58.99
Total Value: CAD 32,445

Clairvest Group Inc (CVG)
Buyer: Horn, Douglas (Senior Officer of Issuer, Officer)
Shares Purchased: 6,800 (+35.4%)
Price: CAD 70.00
Total Value: CAD 476,000

Clairvest Group Inc (CVG)
Buyer: Andrisani, Michael Lee (Senior Officer of Issuer, Officer)
Shares Purchased: 2,150 (+26.5%)
Price: CAD 70.00
Total Value: CAD 150,500

Clairvest Group Inc (CVG)
Buyer: Isenberg, Robert (Director or Senior Officer of Insider or Subsidiary of Issuer, Executive Director)
Shares Purchased: 2,300 (+3.6%)
Price: CAD 70.00
Total Value: CAD 161,000

Clairvest Group Inc (CVG)
Buyer: Miller, James (Senior Officer of Issuer, Officer)
Shares Purchased: 2,100 (+8.3%)
Price: CAD 70.00
Total Value: CAD 147,000

Clairvest Group Inc (CVG)
Buyer: Isenberg, Robert (Director or Senior Officer of Insider or Subsidiary of Issuer, Executive Director)
Shares Purchased: 1,400 (+140.0%)
Price: CAD 70.00
Total Value: CAD 98,000

Canadian National Railway Co (CNR)
Buyer: Bruder, Shauneen Elizabeth (Director of Issuer, Non-Executive Director)
Shares Purchased: 690 (+4.0%)
Price: CAD 129.54
Total Value: CAD 89,381

Aya Gold & Silver Inc (AYA)
Buyer: La Salle, Benoit (Director of Issuer, Senior Officer of Issuer, Executive Director)
Shares Purchased: 10,000 (+7.1%)
Price: CAD 12.31
Total Value: CAD 123,100

Aya Gold & Silver Inc (AYA)
Buyer: Burzynski, John Feliks (Director of Issuer, Non-Executive Director)
Shares Purchased: 5,000 (+16.7%)
Price: CAD 12.28
Total Value: CAD 61,400

Aya Gold & Silver Inc (AYA)
Buyer: Burzynski, John Feliks (Director of Issuer, Non-Executive Director)
Shares Purchased: 5,000 (+20.0%)
Price: CAD 12.07
Total Value: CAD 60,350

Tamarack Valley Energy Ltd (TVE)
Buyer: Joseph, Shannon (Director of Issuer, Non-Executive Director)
Shares Purchased: 16,949 (+322.8%)
Price: CAD 6.04
Total Value: CAD 102,453

Morguard Real Estate Investment Trust (MRT.UN)
Buyer: Armoyan, Sime (10% Security Holder of Issuer, Large shareholder)
Shares Purchased: 81,800 (+30.0%)
Price: CAD 5.70
Total Value: CAD 466,415

Axcap Ventures Inc (AXCP)
Buyer: Dorward, John Andrew (Director of Issuer, Non-Executive Director)
Shares Purchased: 4,800,000
Price: CAD 0.10
Total Value: CAD 480,000

CDN Insider Sales

TC Energy Corp (TRP)
Seller: Poirier, Francois Lionel (Director of Issuer, Senior Officer of Issuer, Executive Director)
Shares Sold: 100,000 (-46.8%)
Price: CAD 74.50
Total Value: CAD 7,450,290

Taseko Mines Ltd (TKO)
Seller: Pickering, Kenneth William (Director of Issuer, Non-Executive Director)
Shares Sold: 150,000 (-84.3%)
Price: CAD 5.53
Total Value: CAD 830,100

Taseko Mines Ltd (TKO)
Seller: Pickering, Kenneth William (Director of Issuer, Non-Executive Director)
Shares Sold: 75,000 (-38.1%)
Price: CAD 5.51
Total Value: CAD 413,550

Taseko Mines Ltd (TKO)
Seller: Hamming, Bryce (Senior Officer of Issuer, Officer)
Shares Sold: 90,000 (-27.0%)
Price: CAD 5.54
Total Value: CAD 498,600

Ur-Energy Inc (URE)
Seller: Smith, Roger L. (Senior Officer of Issuer, Officer)
Shares Sold: 252,087 (-28.5%)
Price: CAD 2.34
Total Value: CAD 589,026

Talisker Resources Ltd (TSK)
Seller: Phoenix Gold Fund Limited (10% Security Holder of Issuer, Large shareholder)
Shares Sold: 343,700 (-6.5%)
Price: CAD 1.29
Total Value: CAD 443,854

Talisker Resources Ltd (TSK)
Seller: Panah Fund (10% Security Holder of Issuer, Large shareholder)
Shares Sold: 343,700 (-9.8%)
Price: CAD 1.29
Total Value: CAD 443,854

Parkit Enterprise Inc (PKT)
Seller: Tamblyn, Robert Blair (Director of Issuer, Non-Executive Director)
Shares Sold: 186,500 (-14.1%)
Price: CAD 0.60
Total Value: CAD 111,900

Franco-Nevada Corp (FNV)
Seller: de Vries, Boris (Director or Senior Officer of Insider or Subsidiary of Issuer, Executive Director)
Shares Sold: 800 (-14.4%)
Price: CAD 298.00
Total Value: CAD 238,400

Institutional Spotlight: September 25, 2025

CPF (Central Pacific Financial Corp.)
Holdco Asset Management LP, led by Vikaran Ghei, reported a position of 2,219,189 shares, representing 8.20% ownership. This marks a significant institutional stake.

OFIX (Orthofix Medical Inc.)
Juniper Investment Company LLC disclosed ownership of 2,845,106 shares, equal to 7.20% ownership, establishing a substantial position.

HNW (Pioneer Diversified High Income Trust)
Absolute Investment Advisers LLC reported holding 1,230,946 shares, representing 14.80% ownership, indicating a major institutional position.

PHD (Pioneer Floating Rate Fund)
Absolute Investment Advisers LLC disclosed ownership of 1,400,568 shares, accounting for 11.30% ownership, showing strong institutional presence.

Tickers: CPF, OFIX, HNW, PHD

Institutional Momentum Watchlists

(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)

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 Momentum Watchlist

CRNX, APLT, SPWR, LPTH, AQST, MIR, NLSP, GLUE, HOVR, SRRK, ANNX, NRXS, HROW, BOXL, OLMA, MFH, LRMR, ERAS, MLTX, GRRR, CMCL, NBR, ATI, CRS, GROY, STOK, TSHA, MBC, KRRO, GME, INTC, HIMS, INDV, PCAR, USAU, AG, TENX, APA, MUX, AENT, GPCR, COGT, LTBR, CHWY, LENZ, CMPX, OCUL, CYD, CDTX, CRVS, ARQT, BA, GHRS, GNS, VET, RZLT, GEVO, F, DVN, KALA, CIEN, SPR, APP, VEEV, THM, HCI, MGM, M, PBYI, ADCT, FANG, BDTX, VTYX, VRDN, VGZ, AMBP, IMNM, GOLF, XGN, OXY, OVV, NRG, SEE, TERN, CDE, CMPS, COP, PAYS, MCK, IZEA, MRCY, DY, CW, EME, KYMR, PRIM, RIOT, TT, AA, CAH, EZPW, DTM, WYNN, LINC, XOM, PTGX, HOLX, EXPE, SNT, PLTM, PR, PVLA, IESC, SNDX, SPPP, STNE, LION, H, NUVL, DDOG, ZVRA, ADT, RVMD, WCC, AGX, AEO, ARMK, STEP, WWD, AAP, CCK, TRVI, RAPP, III, FIX, HL, SLV, FMCC, INBX, ZS, TNYA, PCOR, TIGO, RTX, AKRO, FOXA, ETR, CNQ, TOI, ORI, WYY, OPRX, FDX, KOLD, PENN, UNFI, CRC, RRC, XLE, UGL, WDAY, IRON, SRE, ANDE, SNX, LUV, MAR, BWXT, BP, HWM, LH, PIPR, XEL, SNOW, WELL, BG, CRWD, UHS, TBPH, TTWO, ANAB, APTV, SHLS, CORT, IBM, SR, AZO, VLO, WOOF, UAVS, ALL, AUPH, CRBG, DGX, AES, CGON, EYPT, ORLY, PSX, TSLA, CMTL, MRUS, SMTC, ULTA, WAB, EW, STRL, FIHL, FMS, ZWS, PEG, RBC, AREC, LNT, PVH, PSN, INTR, NOV, STT, PRVA, AMAT, VSCO, POR, MTZ, STLD, KMI, BHF, AVTX

Canadian Institutional Momentum Watchlist

EXPORT – Canadian Institutional Momentum Watchlist

DNTL.TO, NFG.V, PPTA.TO, ITR.V, BB.TO, TRX.TO, USA.TO, WRN.TO, NUAG.TO, ASM.TO, PTM.TO, GOLD.TO, ODV.V, EMX.V, AG.TO, GRSL.V, VET.TO, EDR.TO, IMG.TO, EXE.TO, MX.TO, SKE.TO, PAAS.TO, GGD.TO, OBE.TO, ARTG.V, JOY.TO, LUN.TO, SII.TO, BTE.TO, AP/UN.TO, SGD.V, CG.TO, CF.TO, URC.TO, AAV.TO, SVM.TO, DPM.TO, ARIS.TO, MTA.V, NG.TO, NXE.TO, LUG.TO, BTO.TO, NDM.TO, SPB.TO, TXG.TO, ARG.TO, AGI.TO, SGY.TO, TFPM.TO, CVE.TO, CNQ.TO, PD.TO, OR.TO, SSL.TO, BEPC.TO, SSRM.TO, FVI.TO, FNV.TO, GWO.TO, SIA.TO, POU.TO, PEY.TO, WDO.TO, RCI/B.TO, K.TO, WELL.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!