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 (SPY)
Sentiment: Bearish
Options Activity: Put Buying
Total Values: $2,138,660
Strike Price: 605
Expectations: Bearish view, potentially a hedge against a larger position going into tomorrow’s election.
iShares Russell 2000 ETF (IWM)
Sentiment: Bearish
Options Activity: Put Buying
Total Values: $4,102,630
Strike Price: 209
Expectations: Bearish outlook or potential hedge going into the election tomorrow.
Bit Digital Inc (BTBT)
Sentiment: Neutral to Bearish
Options Activity: Call Selling
Total Values: $75,000
Strike Price: 3.5
Expectations: Price to remain near 3.5 as spot price is at 3.395
Iris Energy Ltd (IREN)
Sentiment: Bullish
Options Activity: Put Selling
Total Values: $450,000
Strike Price: 10
Expectations: Limited downside
NVIDIA Corporation (NVDA)
Sentiment: Neutral to Bearish
Options Activity: Call Selling
Total Values: $2,374,590
Strike Price: 150
Expectations: Price expected to stay below 150, spot at 136.42
Intel Corporation (INTC)
Sentiment: Bullish
Options Activity: Put Selling
Total Values: $1,162,450
Strike Price: 40
Advanced Micro Devices, Inc (AMD)
Sentiment: Bearish
Options Activity: Call Selling
Total Values: $1,443,720
Strike Price: 160
Expectations: Price expected to stay below 160, spot at 140.94
General Motors Company (GM)
Sentiment: Bearish
Options Activity: Put Buying
Total Values: $566,400
Strike Price: 50
Expectations: Potential hedge or bearish bet
Comtech Telecommunications Corp (CMTL)
Sentiment: Bullish
Options Activity: Call Buying
Total Values: $12,500
Strike Price: 5
Expectations: Price anticipated to increase above 5, with spot near 2.46466
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
Atlas Energy Solutions Inc (AESI)
Buyer: Gregory M. Shepard (Member of 10% Owner Group)
Shares Purchased: 14,347 (+0.2%)
Price: USD 19.57
Total Value: USD 280,771
Lucid Group Inc (LCID)
Buyer: Public Investment Fund (Non-Executive Director, Large Shareholder)
Shares Purchased: 21,470,459 (+1.0%)
Price: USD 2.59
Total Value: USD 55,629,959
SS Innovations International Inc (SSII)
Buyer: Timothy P. Adams (Non-Executive Director)
Shares Purchased: 1,399,595 (+142.6%)
Price: USD 1.46
Total Value: USD 2,043,409
US Insider Sales
Visa Inc (V)
Seller: Ryan McInerney (Chief Executive Officer)
Shares Sold: 8,620 (-94.1%)
Price: USD 288.49
Total Value: USD 2,486,784
BlackRock Capital Allocation Trust (BCAT)
Seller: Saba Capital Management, L.P. (Large Shareholder)
Shares Sold: 167,507 (-1.1%)
Price: USD 16.10
Total Value: USD 2,696,863
SS Innovations International Inc (SSII)
Seller: Sudhir Srivastava (Chairman and CEO)
Shares Sold: 1,399,595 (-1.2%)
Price: USD 1.46
Total Value: USD 2,043,409
CDN Insider Purchases
Nurexone Biologic Inc (NRX)
Buyer: James Angus Wilson Richardson (10% Security Holder, Executive Director, Large Shareholder)
Shares Purchased: 50,000 (+22.8%)
Price: CAD 0.55
Total Value: CAD 27,500
CDN Insider Sales
OneSoft Solutions Inc (OSS)
Seller: Douglas James Thomson (Non-Executive Director)
Shares Sold: 227,173
Price: CAD 0.88
Total Value: CAD 199,912
OneSoft Solutions Inc (OSS)
Seller: Douglas James Thomson (Non-Executive Director)
Shares Sold: 1,522,881
Price: CAD 0.88
Total Value: CAD 1,340,135
OneSoft Solutions Inc (OSS)
Seller: Douglas James Thomson (Non-Executive Director)
Shares Sold: 359,705
Price: CAD 0.88
Total Value: CAD 316,540
OneSoft Solutions Inc (OSS)
Seller: Brandon Taylor (Executive Director)
Shares Sold: 2,149,900
Price: CAD 0.88
Total Value: CAD 1,891,912
OneSoft Solutions Inc (OSS)
Seller: Brandon Taylor (Executive Director)
Shares Sold: 1,290,463
Price: CAD 0.88
Total Value: CAD 1,135,607
OneSoft Solutions Inc (OSS)
Seller: Brandon Taylor (Executive Director)
Shares Sold: 2,124,470
Price: CAD 0.88
Total Value: CAD 1,869,534
OneSoft Solutions Inc (OSS)
Seller: Timothy James Edward (Executive Director)
Shares Sold: 464,548
Price: CAD 0.88
Total Value: CAD 408,802
OneSoft Solutions Inc (OSS)
Seller: Timothy James Edward (Executive Director)
Shares Sold: 5,865,743
Price: CAD 0.88
Total Value: CAD 5,161,854
OneSoft Solutions Inc (OSS)
Seller: Timothy James Edward (Executive Director)
Shares Sold: 2,204,052
Price: CAD 0.88
Total Value: CAD 1,939,566
OneSoft Solutions Inc (OSS)
Seller: Paul Douglas Johnston (Officer)
Shares Sold: 1,140,500
Price: CAD 0.88
Total Value: CAD 1,003,640
OneSoft Solutions Inc (OSS)
Seller: Paul Douglas Johnston (Officer)
Shares Sold: 636,667
Price: CAD 0.88
Total Value: CAD 560,267
Institutional Spotlight: New Buys Flagged on November 4, 2024
Septerna (SEPN)
- Investor: RA Capital Management LLC, led by Peter Kolchinsky
- New Ownership: 6,995,858 shares (15.8% of shares outstanding)
- Shares Change: +6,995,858 shares (100% new position)
- Event Date: October 28, 2024
- Filing Type: SC 13D filed on November 4, 2024
Summary: This significant 100% new buy signals strong confidence from RA Capital in Septerna’s potential for growth.
Northern Dynasty Minerals (NAK)
- Investor: Kopernik Global Investors LLC, managed by David Iben
- New Ownership: 87,087,424 shares (15% of shares outstanding)
- Shares Change: +55,016,733 shares (63% new position)
- Event Date: March 24, 2023
- Filing Type: SC 13D filed on November 4, 2024
Summary: Kopernik’s increased stake in Northern Dynasty indicates a substantial commitment to the company’s future.
Platinum Group Metals (PLG)
- Investor: Kopernik Global Investors LLC, managed by David Iben
- New Ownership: 7,073,746 shares (6.9% of shares outstanding)
- Shares Change: +7,073,746 shares (100% new position)
- Event Date: September 30, 2024
- Filing Type: SC 13G filed on November 4, 2024
Summary: Kopernik’s new position in Platinum Group Metals reflects a notable shift towards resources in their portfolio.
Aris Mining (ARMN)
- Investor: Kopernik Global Investors LLC, managed by David Iben
- New Ownership: 10,765,945 shares (6.3% of shares outstanding)
- Shares Change: +10,765,945 shares (100% new position)
- Event Date: September 30, 2024
- Filing Type: SC 13G filed on November 4, 2024
Summary: Another 100% new acquisition, signaling potential value seen in Aris Mining’s prospects.
Seabridge Gold (SA)
- Investor: Kopernik Global Investors LLC, managed by David Iben
- New Ownership: 6,507,639 shares (7.3% of shares outstanding)
- Shares Change: +3,252,831 shares (50% new position)
- Event Date: September 30, 2024
- Filing Type: SC 13G filed on November 4, 2024
Summary: Kopernik’s substantial increase suggests a positive outlook on Seabridge’s future potential.
International Tower Hill Mines (THM)
- Investor: Kopernik Global Investors LLC, managed by David Iben
- New Ownership: 15,986,338 shares (8% of shares outstanding)
- Shares Change: +479,056 shares (3% new position)
- Event Date: September 30, 2024
- Filing Type: SC 13G/A filed on November 4, 2024
Summary: A smaller addition to Kopernik’s stake, indicating sustained interest in International Tower Hill Mines.
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!