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

Sentiment: Bearish
Options Activity: 21 trades detected, with 57% bearish sentiment and 28% bullish sentiment. 10 puts and 11 calls observed, with expiration dates ranging from January 2027 to June 2026.
Total Values: $633,792 in puts, $710,438 in calls
Strike Price or Range of Strike Prices: $5.00 to $15.00
Expectations: Large investors are aiming for a price range between $5 and $15 in the coming months.
Market View: SoFi faces downward pressure, with more bearish bets placed than bullish.

XPeng (XPEV)
Sentiment: Bearish
Options Activity: 21 trades detected, with 66% bearish sentiment. 3 puts and 18 calls observed, with expiration dates ranging from April 2025 to February 2025.
Total Values: $114,635 in puts, $4,049,308 in calls
Strike Price or Range of Strike Prices: $7.50 to $17.00
Expectations: Significant price action expected in the $7.50 to $17.00 range, signaling potential volatility.
Market View: Investors seem cautious with most options suggesting a downside risk for XPeng.

Lowe’s Companies (LOW)
Sentiment: Bullish
Options Activity: 21 trades detected, with 42% bullish sentiment and 23% bearish sentiment. 7 puts and 14 calls observed, with expiration dates ranging from April 2025.
Total Values: $283,740 in puts, $1,548,705 in calls
Strike Price or Range of Strike Prices: $240.00 to $300.00
Expectations: Large investors are looking for price action within $240 and $300 over the next several months.
Market View: Most trades point to bullish sentiment, with substantial bets on higher price levels, indicating confidence in future gains for Lowe’s.

Roblox (RBLX)
Sentiment: Bearish
Options Activity: 10 trades detected, with 60% bearish sentiment. 4 puts and 6 calls observed, with expiration dates ranging from October 2024 to January 2027.
Total Values: $187,226 in puts, $255,221 in calls
Strike Price or Range of Strike Prices: $22.50 to $50.00
Expectations: Major investors are betting on a price range from $22.50 to $50, suggesting potential volatility in Roblox’s price action.
Market View: Investors are leaning bearish, expecting downside price movement in the near term.

JPMorgan Chase (JPM)
Sentiment: Bearish
Options Activity: 60 trades detected, with 50% bearish sentiment and 36% bullish sentiment. 43 puts and 17 calls observed, with expiration dates from November 2024 to January 2026.
Total Values: $2,869,780 in puts, $1,617,064 in calls
Strike Price or Range of Strike Prices: $155.00 to $225.00
Expectations: Significant investors are focusing on price movement between $155 and $225 in the coming months.
Market View: JPMorgan faces a largely bearish outlook, with investors bracing for potential downside risks.

Cisco Systems (CSCO)
Sentiment: Bullish
Options Activity: 12 trades detected, with 66% bullish sentiment. 5 puts and 7 calls observed, with expiration dates ranging from October 2024 to January 2026.
Total Values: $262,915 in puts, $262,318 in calls
Strike Price or Range of Strike Prices: $40.00 to $57.50
Expectations: Investors anticipate upward price movement, with significant activity focused on the $40.00 to $57.50 strike range.
Market View: Cisco is expected to perform well, with bullish bets dominating the options trades.

Mondelez International (MDLZ)
Sentiment: Bearish
Options Activity: 10 trades detected, with 70% bearish sentiment. 2 puts and 8 calls observed, with expiration dates ranging from January 2025 to January 2026.
Total Values: $120,426 in puts, $426,661 in calls
Strike Price or Range of Strike Prices: $40.00 to $77.50
Expectations: Price movement is expected within the $40.00 to $77.50 range, with downside risk looming.
Market View: Investors are leaning bearish, expecting the stock to face selling pressure in the near future.

Nike (NKE)
Sentiment: Bullish
Options Activity: 35 trades detected, with 57% bullish sentiment and 34% bearish sentiment. 20 puts and 15 calls observed, with expiration dates ranging from October 2024 to March 2025.
Total Values: $1,045,808 in puts, $819,701 in calls
Strike Price or Range of Strike Prices: $60.00 to $125.00
Expectations: Investors are looking for price action in the $60.00 to $125.00 range, with potential upside movement.
Market View: Nike is seeing a predominantly bullish outlook, with expectations for strong performance in the upcoming months.

GEO Group (GEO)
Sentiment: Bearish
Options Activity: 10 trades detected, with 60% bearish sentiment. 1 put and 9 calls observed, with expiration dates ranging from October 2024 to January 2025.
Total Values: $61,186 in puts, $398,097 in calls
Strike Price or Range of Strike Prices: $11.00 to $16.00
Expectations: Investors expect GEO Group to face downward pressure, with notable activity in the $11.00 to $16.00 range.
Market View: Sentiment leans bearish, indicating potential downside for the stock.

Ulta Beauty (ULTA)
Sentiment: Bearish
Options Activity: 18 trades detected, with 50% bearish sentiment and 16% bullish sentiment. 10 puts and 8 calls observed, with expiration dates from October 2024 to January 2025.
Total Values: $335,034 in puts, $304,783 in calls
Strike Price or Range of Strike Prices: $200.00 to $450.00
Expectations: Investors expect Ulta Beauty’s price to fluctuate between $200.00 and $450.00, with a downside bias in the near term.
Market View: Ulta is facing strong bearish pressure, with most trades signaling negative sentiment for the stock.

To wrap up today’s options report, we observed several notable option trades throughout the day that, while significant, may not necessarily reflect how positions closed by the end of trading.

For Apple (AAPL), the 232.5 call strike dominated the opening flow, signaling strong bullish sentiment from traders expecting further price appreciation. Occidental Petroleum (OXY) saw a dramatic skew in its Put/Call ratio, with 3,809 puts versus 36,000 calls, showing overwhelming bullish expectations for the stock.

Kandi Technologies (KNDI) experienced a surge in speculative bulls, with options volume running 40 times higher than usual, pointing to strong expectations for a price jump. Meanwhile, GameStop (GME) presented a highly bullish picture, with 8,005 puts and a staggering 49,000 calls, reflecting significant confidence in upward momentum.

In the energy sector, Noble Energy (NE) attracted attention with opening bull betting, and Uniti Group (UNIT) continued to see repeated bullish sweeps, demonstrating investor confidence in a price rise.

DAQO New Energy (DQ) showed a strong bullish tilt, with 1,551 puts compared to 7,639 calls, while BP (BP) saw 662 puts and 11,000 calls traded, further supporting a positive outlook for the stock.

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

Fundrise Income Real Estate Fund, LLC (NONE)
Buyer: Jeffrey Deitrich (Non-Executive Director)
Shares Purchased: 1,003 (+25.0%)
Price: USD 9.97
Total Value: USD 10,000

Butler National Corp (BUKS)
Buyer: Joseph Patrick Daly (Non-Executive Director, Large Shareholder)
Shares Purchased: 27,900 (+0.7%)
Price: USD 1.28
Total Value: USD 35,712

US Insider Sales

Hormel Foods Corp (HRL)
Seller: Steven J. Lykken (Group Vice President)
Shares Sold: 9,800 (-24.3%)
Price: USD 31.91
Total Value: USD 312,689

Eaton Vance California Municipal Income Trust (CEV)
Seller: Saba Capital Management, L.P. (Large Shareholder)
Shares Sold: 22,043 (-2.7%)
Price: USD 10.81
Total Value: USD 238,285

Donaldson Company Inc (DCI)
Seller: Scott J. Robinson (Chief Financial Officer)
Shares Sold: 44,600 (-54.2%)
Price: USD 74.04
Total Value: USD 3,302,184

Donaldson Company Inc (DCI)
Seller: Scott J. Robinson (Chief Financial Officer)
Shares Sold: 39,000 (-50.8%)
Price: USD 74.04
Total Value: USD 2,887,560

Greenlight Capital Re Ltd (GLRE)
Seller: Ian Isaacs (Non-Executive Director)
Shares Sold: 7,159 (-7.6%)
Price: USD 13.81
Total Value: USD 98,847

CDN Insider Purchases

Kenorland Minerals Ltd (KLD)
Buyer: Sumitomo Metal Mining Canada Limited (10% Security Holder)
Shares Purchased: 162,934 (+2.2%)
Price: CAD 1.05
Total Value: CAD 171,081

Flying Nickel Mining Corp (FLYN)
Buyer: John Lee (Executive Director)
Shares Purchased: 800,000 (+13.9%)
Price: CAD 0.05
Total Value: CAD 40,000

Core Nickel Corp (CNCO)
Buyer: Marc Magellan Pais (10% Security Holder)
Shares Purchased: 88,500 (+2.0%)
Price: CAD 0.21
Total Value: CAD 18,585

Telus International Cda Inc (TIXT)
Buyer: TELUS Corporation (10% Security Holder)
Shares Purchased: 450,000 (+9.5%)
Price: CAD 5.09
Total Value: CAD 2,290,995

NanoXplore Inc (GRA)
Buyer: Pedro Azevedo (Senior Officer)
Shares Purchased: 7,000 (+35.0%)
Price: CAD 2.23
Total Value: CAD 15,610

Harvest Gold Corp (HVG)
Buyer: Leonard William Brownlie (Non-Executive Director)
Shares Purchased: 272,500 (+30.3%)
Price: CAD 0.04
Total Value: CAD 10,900

BQE Water Inc (BQE)
Buyer: Songlin Ye (Senior Officer)
Shares Purchased: 300 (+7.0%)
Price: CAD 57.00
Total Value: CAD 17,100

CDN Insider Sales

Excellon Resources Inc (EXN)
Seller: Golden Capital Consulting (10% Security Holder)
Shares Sold: 119,500 (-2.3%)
Price: CAD 0.11
Total Value: CAD 13,408

Reitmans (Canada) Limited
Seller: Richard Wait (Senior Officer)
Shares Sold: 20,000 (-66.7%)
Price: CAD 2.50
Total Value: CAD 50,000

Reitmans (Canada) Limited
Seller: Richard Wait (Senior Officer)
Shares Sold: 16,000 (-34.8%)
Price: CAD 2.48
Total Value: CAD 39,650

Lithium Americas (Argentina) Corp (LAAC)
Seller: Jose Manuel Aggio (Senior Officer)
Shares Sold: 462
Price: USD 3.35
Total Value: USD 1,548

EQB Inc (EQB)
Seller: Chadwick Westlake (Senior Officer)
Shares Sold: 3,500 (-36.6%)
Price: CAD 104.19
Total Value: CAD 364,665

EQB Inc (EQB)
Seller: Chadwick Westlake (Senior Officer)
Shares Sold: 3,400 (-25.9%)
Price: CAD 104.48
Total Value: CAD 355,215

Institutional Spotlight: Tiger Global Management

Tiger Global Management, co-led by Chase Coleman and Feroz Dewan, is a hedge fund known for its aggressive growth-oriented investments in technology, e-commerce, and other sectors poised for rapid expansion. With a focus on both public and private markets, Tiger Global has built a reputation for backing companies with innovative business models and significant global market potential. The firm has played a prominent role in the venture capital world while continuing to expand its influence in the public equities space. Known for its savvy investments in high-growth companies, Tiger Global has often been a trendsetter in spotting the next big thing in tech and global markets.

Top Increases This Quarter

• UnitedHealth Group Incorporated (UNH): Holding 0.49 million shares valued at $1.20 billion, the portfolio allocation increased by 5.5282%.
• QUALCOMM Incorporated (QCOM): Holding 0.19 million shares valued at $370.02 million, the portfolio allocation increased by 1.7110%.
• Applied Materials, Inc. (AMAT): Holding 0.21 million shares valued at $211.26 million, the portfolio allocation increased by 0.9769%.
• Sea Limited – Depositary Receipt (SE): Holding 0.04 million shares valued at $1.15 billion, the portfolio allocation increased by 0.8954%.
• NVIDIA Corporation (NVDA): Holding 0.16 million shares valued at $1.20 billion, the portfolio allocation increased by 0.7495%.
• Grab Holdings Limited (GRAB): Holding 0.09 million shares valued at $329.88 million, the portfolio allocation increased by 0.3789%.
• Taiwan Semiconductor Manufacturing Company Limited – Depositary Receipt (TSM): Holding 0.03 million shares valued at $533.75 million, the portfolio allocation increased by 0.2038%.
• Alphabet Inc. (GOOGL): Holding 0.10 million shares valued at $1.88 billion, the portfolio allocation increased by 0.1787%.
• ZKH Group Limited – Depositary Receipt (ZKH): Holding 0.01 million shares valued at $31.96 million, the portfolio allocation increased by 0.1478%.
• Eli Lilly and Company (LLY): Holding 0.01 million shares valued at $842.00 million, the portfolio allocation increased by 0.1091%.
• Rubrik, Inc. (RBRK): Holding 0.00 million shares valued at $7.67 million, the portfolio allocation increased by 0.0354%.
• Broadcom Inc. (AVGO): Holding 0.00 million shares valued at $292.69 million, the portfolio allocation increased by 0.0328%.
• Arm Holdings plc – Depositary Receipt (ARM): Holding 0.00 million shares valued at $49.09 million, the portfolio allocation increased by 0.0220%.
• CrowdStrike Holdings, Inc. (CRWD): Holding 0.00 million shares valued at $344.87 million, the portfolio allocation increased by 0.0177%.
• ATRenew Inc. – Depositary Receipt (RERE): Holding 0.01 million shares valued at $27.21 million, the portfolio allocation increased by 0.0154%.
• Reddit, Inc. (RDDT): Holding 0.00 million shares valued at $31.95 million, the portfolio allocation increased by 0.0129%.

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

ACST, AES, AGNC, AGX, AHCO, AORT, AR, AVAV, AXP, BABA, BBAR, BCO, BEKE, BIDU, BILI, BLDR, BMTX, BMY, BNTC, BZ, BZUN, CARG, CHCI, CHWY, CLMT, COMP, CRS, CZR, DCTH, DT, DX, EDR, EE, ESTA, FAX, FN, FTK, FUTU, FXI, GCI, GDS, GERN, GLBE, GLNG, GOOGL, GPI, GTES, HEAR, HOOD, HWKN, IHD, ITRI, JCI, JD, JPI, JXN, KEX, KGS, KR, KWEB, LE, LMAT, LMT, LOAN, LSB, LSPD, LVS, MAR, MGEE, MGNI, MP, MTCH, NCMI, OBT, ODD, PDD, PHG, PHM, PPC, PRIM, QFIN, QTWO, RDW, RKLB, RM, RZLT, SNY, T, TDS, TG, TMDX, TOST, TPX, TRDA, TRMB, TRN, TRVI, TSLA, UAA, UNIT, USLM, VNET, WGS, WULF, WVE, WWW, WYNN, XLU, ZIM

Canadian Institutional Momentum Watchlist

ACB.TO, ACO/X.TO, AD/UN.TO, ADEN.TO, AFN.TO, AGF/B.TO, AIM.TO, AP/UN.TO, AQN.TO, ARE.TO, ATRL.TO, BAM.TO, BBD/B.TO, BCE.TO, BDI.TO, BDT.TO, BEPC.TO, BN.TO, CAE.TO, CAS.TO, CCA.TO, CCO.TO, CF.TO, CHP/UN.TO, CIX.TO, CP.TO, CTC/A.TO, DBM.TO, DNTL.TO, DOO.TO, DXT.TO, ECN.TO, EFX.TO, EMA.TO, ENB.TO, EXE.TO, FFH.TO, FN.TO, FRU.TO, FSZ.TO, FTS.TO, GEI.TO, GLXY.TO, GOOS.TO, H.TO, HRX.TO, IFC.TO, IFP.TO, III.TO, KPT.TO, LB.TO, LSPD.TO, LUC.TO, MFC.TO, MG.TO, MTY.TO, NEO.TO, NOU.V, NPI.TO, NVEI.TO, NWH/UN.TO, PBH.TO, PIF.TO, PNE.TO, PPL.TO, PRMW.TO, QBR/B.TO, RCI/B.TO, REI/UN.TO, RY.TO, T.TO, TD.TO, TOT.TO, TOU.TO, WFG.TO, WPK.TO, WRN.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!