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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Sample Trading System
The following trading system is presented as an educational example and should not be interpreted as financial advice. Past performance does not guarantee future results, and trading involves inherent risks. Please consult with a qualified financial advisor before implementing any trading strategies.
Dear Readers,
I’m excited to share some important updates with you!
We’ve just added a new daily report to the website that I believe will significantly enhance the value of our service—introducing the Unusual Activity Report. This report focuses on three powerful indicators that can drive market momentum: unusual options activity, insider buying, and institutional sponsorship with a US and Canadian watchlist. Using advanced algorithms and proprietary research we scan public information to help identify important information to keep you in sync with unusual activity and help guide your decision-making. This report will offer timely and valuable insights if you want to stay ahead of potential stock movements.
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However, current members will be grandfathered in at their current price for life as long as they remain with us. This is our way of saying thank you for your continued support!
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Don’t miss out on this chance to secure exceptional value at the current rate. I’m confident this new report will bring more insight and opportunities to your trading.
Thank you for being part of our journey, and enjoy the premiere report.
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 that highlight 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.
Daily Standout Options Trades
In today’s stock market, options trading activity reflected a mix of bearish and bullish sentiment, with deep-pocketed investors signaling potential price movements across several prominent companies. Key players like Visa, JD.com, and Moderna saw heavy bearish positioning, while Carvana, XPeng, and Workday attracted bullish attention. Below is a breakdown of the notable trades across various sectors.
Visa (V)
Visa experienced predominantly bearish sentiment, with 52% of trades reflecting a negative outlook. A total of 15 put trades amounted to $875,964, while only four call trades totaled $279,465. Investors are targeting a price range between $230 and $300, signaling some uncertainty about Visa’s near-term performance.
JD.com (JD)
JD.com saw a split in options sentiment, though bearishness was slightly favored. The 12 put trades totaled $609,015, while calls were significantly higher, reaching $2,048,631. Investors appear focused on a price range between $25 and $30 for the next quarter.
Trade Desk (TTD)
Trade Desk exhibited strong bearish activity, with 75% of trades being bearish. Puts amounted to $808,150, overshadowing $244,857 in call trades. Investors seem to expect a price range between $50 and $115, with many betting on a downturn.
Carvana (CVNA)
In contrast, Carvana attracted significant bullish sentiment, with call trades totaling $2,048,631 against $609,015 in put trades. Investors are aiming for a price range between $70 and $250, signaling optimism about the company’s future.
Moderna (MRNA)
Moderna saw cautious bearish positioning, with traders placing $4,197,475 in puts compared to $516,749 in call trades. Investors seem to expect movement within the $50 to $120 range, reflecting hesitation about the company’s outlook.
XPeng (XPEV)
XPeng attracted considerable bullish interest, with $879,208 in call trades compared to $101,800 in puts. The price target for investors appears to be between $6 and $10, indicating optimism in the electric vehicle sector.
Workday (WDAY)
Workday was a standout for bullish sentiment, with 76% of trades reflecting a positive outlook. Calls totaled $1,420,928, while puts amounted to only $112,330. Investors are targeting a price range between $240 and $250, signaling confidence in the company’s cloud-based solutions.
CrowdStrike (CRWD)
CrowdStrike saw mixed sentiment, with $485,505 in put trades and $1,672,938 in call trades. The price targets range from $160 to $350, indicating investor uncertainty about the cybersecurity firm’s trajectory.
Snowflake (SNOW)
Snowflake experienced a slight bearish tilt, with 42% of trades reflecting negative sentiment. Puts totaled $177,167, while calls amounted to $773,215. Investors are eyeing a broad price range between $85 and $190, reflecting some caution in the data storage space.
Vornado Realty Trust (VNO)
Vornado Realty Trust saw a significant multi-sweep call purchase, with investors paying $71,225 in premiums for calls expiring on January 17, 2025, at a $40 strike price. This trade suggests a bullish outlook for the real estate investment trust.
Walmart (WMT)
Walmart attracted a large call purchase set to expire on September 20, 2024, at a $55 strike price. Investors paid $777,510 in premiums, indicating expectations of a sharp price movement despite the current spot price being 30.21% above the strike.
NVIDIA (NVDA)
NVIDIA saw significant activity with two multi-sweep call purchases, expiring on October 18, 2024, at a $116 strike price. A total premium exceeding $5.1 million suggests investors are betting on continued strength in NVIDIA’s stock.
Fortress Biotech (FBIO)
Fortress Biotech garnered attention with a speculative multi-sweep call purchase expiring on April 17, 2025, at a $2.50 strike price. The $10,575 premium highlights the trade’s speculative nature, with investors hoping for a substantial upside.
Evergy (EVRG)
Evergy saw bullish activity with a call purchase expiring today at a $60 strike price. Investors paid $50,750 in premiums, reflecting confidence in short-term gains as the spot price hovered at $61.72.
Delta Airlines (DAL)
Delta Airlines attracted a call purchase with an expiration date of November 15, 2024, and a $47 strike price. The transaction involved 12,722 contracts with a total premium of $660,000, suggesting expectations of continued recovery in the airline sector.
Core Scientific (CORZ)
Core Scientific saw a bold call purchase for January 17, 2025, at a $10 strike price. The $1,054,440 premium reflects investor confidence in the company’s future performance despite its spot price being 15% below the strike.
Rocket Companies (RKT)
Rocket Companies experienced a call sweep with a premium of $258,640, targeting a $14 strike price. This trade suggests strong bullish sentiment as the strike price is 25.71% below the current spot price.
BWX Technologies (BWXT)
BWX Technologies attracted a call sweep at the $110 strike price with a $16,560 premium. Investors are positioning for potential gains ahead of the October 18, 2024 expiry.
Alphabet (GOOGL)
Alphabet saw a significant multi-sweep call trade targeting a $165 strike price for November 15, 2024, with a premium of $1,289,320. This reflects strong investor confidence in the tech giant’s future performance.
GameStop (GME)
GameStop witnessed a call sweep of $461,992 at the $21 strike price, indicating investor confidence in a near-term rebound for the company ahead of the October 18, 2024 expiry.
QuantamScape (QS)
QuantamScape experienced a long-term call sweep, targeting the $7 strike price with an expiry as far out as January 16, 2026. The $160,000 premium reflects optimism about the electric vehicle battery manufacturer’s long-term prospects.
Gold Miners ETF (GDX)
The Gold Miners ETF saw a bullish call sweep for a $35 strike price expiring on January 17, 2025, with a premium of $530,005. This trade suggests positive sentiment in the commodities market, particularly for gold.
Marvell Technology (MRVL)
Marvell Technology attracted a bullish bet with a $765,000 call sweep at a $58 strike price, expiring on September 20, 2024. Investors are betting on a recovery despite a recent dip in the stock’s price.
OKLO Corp (OKLO)
OKLO saw two large put sales with an expiration date of January 17, 2025, and a $7.50 strike price. The trades involved 324 contracts each, with total premiums of $81,438 and $68,500, indicating potential bullish sentiment or expectations that downside risk may be limited.
Significant US 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.
Significant Insider Purchases
Appian Corp (APPN)
Buyer: Abdiel Capital Advisors, LP (Large Shareholder)
Shares Purchased: 7,617 (+0.1%)
Price: USD 33.55 per share
Total Value: USD 255,550
Tile Shop Holdings Inc (TTSH)
Buyer: Fund 1 Investments, LLC (Large Shareholder)
Shares Purchased: 27,900 (+0.4%)
Price: USD 6.65 per share
Total Value: USD 185,571
Zenas BioPharma, Inc. (ZBIO)
Buyer: Leon O. Moulder Jr (Chief Executive Officer)
Shares Purchased: 2,633 (+0.2%)
Price: USD 18.97 per share
Total Value: USD 49,948
ReneSola Ltd (SOL)
Buyer: Shah Capital Management (Large Shareholder)
Shares Purchased: 36,083 (+0.2%)
Price: USD 2.26 per share
Total Value: USD 81,511
Appian Corp (APPN)
Buyer: Abdiel Capital Advisors, LP (Large Shareholder)
Shares Purchased: 6,811 (+0.1%)
Price: USD 33.70 per share
Total Value: USD 229,531
America’s CAR-MART Inc (CRMT)
Buyer: Joshua G. Welch (Non-Executive Director)
Shares Purchased: 23,255 (+18.5%)
Price: USD 43.00 per share
Total Value: USD 999,965
Blue Foundry Bancorp (BLFY)
Buyer: Keith Owes (Chief Risk Officer)
Shares Purchased: 1,000 (+10.0%)
Price: USD 11.02 per share
Total Value: USD 11,020
AgeX Therapeutics Inc (AGE)
Buyer: Gregory Bailey (Non-Executive Director)
Shares Purchased: 11,679 (+23.1%)
Price: USD 6.11 per share
Total Value: USD 71,384
Significant Insider Sales
Hess Midstream LP (HESM)
Seller: Global Infrastructure Investors II, LLC (Large Shareholder)
Shares Sold: 12,650,000 (-100.0%)
Price: USD 35.12 per share
Total Value: USD 444,268,000
Viking Therapeutics Inc (VKTX)
Seller: Brian Lian (President & CEO)
Shares Sold: 119,874 (-4.9%)
Price: USD 71.15 per share
Total Value: USD 8,529,047
NVIDIA Corp (NVDA)
Seller: Colette Kress (EVP & Chief Financial Officer)
Shares Sold: 45,510 (-0.9%)
Price: USD 116.19 per share
Total Value: USD 5,287,798
Donnelley Financial Solutions Inc (DFIN)
Seller: Jeffrey Jacobowitz (Non-Executive Director)
Shares Sold: 86,728 (-7.7%)
Price: USD 67.07 per share
Total Value: USD 5,816,595
Korn Ferry (KFY)
Seller: Robert P. Rozek (EVP, CFO & CCO)
Shares Sold: 26,200 (-17.0%)
Price: USD 75.18 per share
Total Value: USD 1,969,800
Mission Produce Inc (AVO)
Seller: Jay A. Pack (Non-Executive Director)
Shares Sold: 22,000 (-1.9%)
Price: USD 13.41 per share
Total Value: USD 295,020
AppFolio Inc (APPF)
Seller: Maurice J. Duca (Large Shareholder)
Shares Sold: 1,100 (-7.0%)
Price: USD 234.65 per share
Total Value: USD 258,115
Revolve Group Inc (RVLV)
Seller: Michael Karanikolas (Co-CEO, Large Shareholder)
Shares Sold: 6,493 (-100.0%)
Price: USD 25.92 per share
Total Value: USD 168,299
Significant Canadian Insider Transactions
On September 20, 2024, notable insider transactions were reported across several Canadian companies, offering valuable insights into the actions of key shareholders and executives. This list highlights the most significant purchases and sales, showcasing moves by influential figures such as Eric Sprott and Frank Giustra. These transactions can often provide a window into insider confidence and market sentiment. Below, we break down the most significant insider purchases and sales, giving readers a closer look at these impactful trades.
Significant Insider Purchases
Blackrock Silver Corp (BRC)
Buyer: Eric Sprott (10% Security Holder)
Shares Purchased: 15,625,000 (+62.2%)
Price: CAD 0.32
Total Value: CAD 5,000,000
Blackrock Silver Corp (BRC)
Buyer: 2176423 Ontario Ltd. (10% Security Holder)
Shares Purchased: 15,625,000 (+62.2%)
Price: CAD 0.32
Total Value: CAD 5,000,000
Core Nickel Corp (CNCO)
Buyer: Paul Gregory Reid (10% Security Holder)
Shares Purchased: 4,000,000 (+103.1%)
Price: CAD 0.05
Total Value: CAD 200,000
Butte Energy Inc (BUT)
Buyer: Frank Giustra (10% Security Holder)
Shares Purchased: 6,083,333 (+608.3%)
Price: CAD 0.15
Total Value: CAD 912,500
Butte Energy Inc (BUT)
Buyer: Frank Giustra (10% Security Holder)
Shares Purchased: 3,916,667
Price: CAD 0.15
Total Value: CAD 587,500
TELUS Corporation (TIXT)
Buyer: TELUS Corporation (10% Security Holder)
Shares Purchased: 100,000 (+2.3%)
Price: CAD 4.92
Total Value: CAD 492,000
Premier American Uranium Inc.
Buyer: Timothy James Rotolo (10% Security Holder)
Shares Purchased: 25,000 (+9.6%)
Price: CAD 1.94
Total Value: CAD 48,403
Seven Oaks Capital Corp (SEVN.P)
Buyer: Grant McLeod (Director of Issuer)
Shares Purchased: 10,000 (+2.6%)
Price: CAD 10.00
Total Value: CAD 100,000
Significant Insider Sales
Capstone Copper Corp (CS)
Seller: Darren Murvin Pylot (Executive Director)
Shares Sold: 283,954 (-13.6%)
Price: CAD 9.96
Total Value: CAD 2,828,182
TC Energy Corp (TRP)
Seller: Mark Yeomans (Executive Director)
Shares Sold: 6,764
Price: CAD 62.39
Total Value: CAD 422,032
Power Corporation of Canada (POW)
Seller: Claude Généreux (Executive Director)
Shares Sold: 10,000 (-40.3%)
Price: CAD 43.02
Total Value: CAD 430,214
Power Corporation of Canada (POW)
Seller: Stéphane Lemay (Executive Director)
Shares Sold: 7,000 (-99.8%)
Price: CAD 43.05
Total Value: CAD 301,350
Sierra Metals Inc (SMT)
Seller: J. Alberto Arias (Director or Senior Officer of 10% Security Holder)
Shares Sold: 133,902 (-0.5%)
Price: USD 0.51
Total Value: USD 68,732
ADENTRA Inc. (formerly, Hardwoods Distribution Inc.)
Seller: Daniel Brian Figgins (Senior Officer of Issuer)
Shares Sold: 7,800 (-24.9%)
Price: USD 28.50
Total Value: USD 222,300
Institutional Spotlight: Eric Sprott
As silver teeters on the edge of a potential breakout and gold keeps pushing to new all-time highs, it’s worth taking a closer look at Eric Sprott’s recent market activity. His latest interview offers valuable insights into his strategies and recent moves, making it a must-watch for those following the precious metals space.
Most Recent
On September 20, 2024, Blackrock Silver Corp (BRC) saw a significant purchase from Eric Sprott, a major shareholder and 10% security holder. Sprott increased his stake by 62.2%, acquiring an additional 15,625,000 shares for CAD 0.32 per share, totaling an investment of CAD 5 million. This substantial move signals continued confidence in the company’s future prospects.
Recent Investments
- Blackrock Silver Corp.: On September 16, 2024, Sprott invested $5 million to fund drilling at the Tonopah West property.
- Aftermath Silver Ltd.: On September 17, 2024, Sprott subscribed to a $5 million private placement to support the Berenguela project in Peru.
- Cerro de Pasco Resources: In July 2024, Sprott acquired a 9% stake to support the reprocessing of the Quiulacocha Tailings.
- Ramp Metals Inc.: In July 2024, Sprott led a $4.5 million private placement for strategic metals projects.
- Heliostar Metals Ltd.: In June 2024, Sprott invested $4.5 million to advance Heliostar’s resource projects.
- Golden Spike Resources: In June 2024, Sprott led an oversubscribed placement to fund exploration.
- Galleon Gold Corp.: In April 2024, Sprott participated in a $1.41 million private placement.
- Tudor Gold Corp.: In April 2023, Sprott invested $2 million in an $18.5 million placement for Tudor’s Golden Triangle exploration.
- Freegold Ventures Limited (FVL.TO): In July 2024, Sprott acquired 770,000 shares of Freegold Ventures, bringing his holdings to 27.7%.
Top Increases This Quarter
- Vizsla Silver Corp. (VZLA): Sprott holds 15.86 million shares valued at $28.17 million, with an increase of 2.0888% in portfolio allocation this quarter.
- Pan American Silver Corp. (PAAS): With 2.96 million shares valued at $58.78 million, the portfolio allocation increased by 1.2240%.
- SilverCrest Metals Inc. (SILV): Holding 8.13 million shares valued at $66.36 million, the allocation increased by 1.0862%.
- IAMGOLD Corporation (IAG): Sprott holds 3.68 million shares worth $13.82 million, with a portfolio increase of 0.7762%.
- Sprott Inc. (SII): Holding 1.45 million shares valued at $60.08 million, the allocation rose by 0.5831%.
- Kinross Gold Corporation (KGC): Sprott’s 2.16 million shares are valued at $17.99 million, with a portfolio increase of 0.5495%.
- Silver Surprize Inc. (SLSR): Holding 2.58 million shares valued at $7.19 million, the allocation increased by 0.5334%.
- Eldorado Gold Corporation (EGO): Holding 0.49 million shares valued at $7.25 million, the portfolio increased by 0.5128%.
- Gatos Silver, Inc. (GATO): Sprott holds 3.55 million shares valued at $37 million, with a portfolio increase of 0.3859%.
- Coeur Mining, Inc. (CDE): Holding 1.57 million shares valued at $8.85 million, the allocation rose by 0.3585%.
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
AAON, ABL, ACVA, ADMA, AESI, AEYE, AGX, AKR, ANNX, AON, APH, APO, APP, ARIS, ARQT, ASMB, ATGE, AVAV, AVGO, AY, BCO, BDSX, BKNG, BLFS, BNTC, BOOT, BROS, BV, CAAP, CACI, CBNK, CDE, CEG, CHCI, CIM, CMRE, COHR, CORZ, CRS, CURI, CVNA, DTM, DY, EDR, EE, ELUT, ELVN, ENV, EPI, FAX, FHTX, FLUT, FNKO, FTK, FXI, GAIA, GE, GGT, GLBE, HEAR, HEI, HNVR, HPF, IAUM, IBKR, IFN, INFN, IRM, ITRI, JANX, JHG, JPI, KGS, KMI, LFVN, LMB, LOAN, LRN, LUV, MCHX, MGEE, MMM, MNDY, MSGE, MTZ, MUI, NEM, NEON, NRG, NRIX, NTRA, OLED, OLLI, PCF, PFO, PIPR, PLNT, PLTR, PNTG, POWL, PRCT, PSLV, PTGX, PWSC, QTWO, RCL, RDW, REFR, RZLT, SBAC, SE, SEZL, SFM, SHCR, SHIP, SKYW, SLV, SMAR, STEP, STRL, STX, SWI, TG, THRD, TNDM, TPC, TREE, TRN, TSEM, TVTX, UGL, UI, UTHR, VERA, VHI, VRNS, VSTO, WDC, WFC, WHD, WWD, WWW, XLU, ZETA, ZVRA
Canadian Institutional Momentum Watchlist
AAUC.TO, ABX.TO, AG.TO, AGI.TO, AIM.TO, AP/UN.TO, AQN.TO, ARE.TO, ARIS.TO, ASM.TO, ATZ.TO, BDI.TO, BEPC.TO, BLX.TO, BMO.TO, BNE.TO, BNS.TO, BTO.TO, CCA.TO, CCO.TO, CEU.TO, CG.TO, CGO.TO, CGY.TO, CIGI.TO, CIX.TO, CM.TO, CPX.TO, CRDL.TO, CRR/UN.TO, CTC/A.TO, CXB.TO, DCBO.TO, DFY.TO, DML.TO, DNG.TO, DOL.TO, DPM.TO, DRM.TO, EDR.TO, EDV.TO, EFX.TO, ELD.TO, EMA.TO, EMP/A.TO, ENB.TO, ENGH.TO, EQB.TO, EXE.TO, FCR/UN.TO, FNV.TO, FRU.TO, FSV.TO, GEI.TO, GLO.TO, GRT/UN.TO, IAG.TO, IFC.TO, IGM.TO, IMG.TO, K.TO, KMP/UN.TO, KPT.TO, L.TO, LEV.TO, LUG.TO, MAG.TO, MDA.TO, MI/UN.TO, MTY.TO, NFI.TO, NGD.TO, NPI.TO, NWC.TO, NWH/UN.TO, NXR/UN.TO, ODV.V, OLA.TO, OR.TO, PAAS.TO, PBH.TO, PHX.TO, PPL.TO, PRL.TO, QBR/B.TO, QTRH.TO, RCI/B.TO, RUS.TO, SEA.TO, SES.TO, SIA.TO, SII.TO, SIL.TO, SSL.TO, SSRM.TO, SVM.TO, TA.TO, TD.TO, TFPM.TO, TRP.TO, TVE.TO, TXG.TO, WDO.TO, WPM.TO, WSP.TO, WTE.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!