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
CNX (CNX Resources Corporation)
Sentiment: Bullish
Options Activity: Large call option purchases for April 2025 expiration, suggesting a bullish outlook. Complex trade with size exceeding prior open interest.
Total Values: $1,295,000
Strike Price: 40
Expectations: Anticipating an upward price move by April 2025.
NVDA (Nvidia Corporation)
Sentiment: Bullish
Options Activity: High-volume call purchases for January 2025 with $100 and $120 strikes. Selling of $145 calls in the same expiration period.
Total Values: $1,161,890 and $2,080,000
Strike Price: 100, 120, and 145
Expectations: Strong potential for a price increase, with varying strike prices showing broad bullish interest.
VALE (Vale S.A.)
Sentiment: Bearish
Options Activity: Significant put buying for January 2026 expiration, indicating concern about downside risk.
Total Values: $446,000
Strike Price: 12
Expectations: A potential decline in price over the long term as investors hedge against downside.
DLTR (Dollar Tree, Inc.)
Sentiment: Bearish
Options Activity: Substantial put buying for January 2025, indicating expectations of a price drop.
Total Values: $43,052,500
Strike Price: 120
Expectations: Market participants anticipate a significant downward move by mid-2025.
HPE (Hewlett Packard Enterprise)
Sentiment: Bullish
Options Activity: High volume of call buying for January 2025 expiration at a low strike price, reflecting optimism.
Total Values: $188,000
Strike Price: 20
Expectations: Potential price increase expected in the short to medium term.
DJT (Trump Media & Technology Group)
Sentiment: Bullish
Options Activity: Active call buying for October 2024 expiration, showing short-term bullish sentiment.
Total Values: $466,450
Strike Price: 20
Expectations: Investors are looking for a bounce within the next few weeks.
SPY (S&P 500 ETF)
Sentiment: Bearish
Options Activity: Large volume of call sales with strikes well above current price levels, indicating a lack of confidence in near-term upside.
Total Values: $4,966,000
Strike Price: 610
Expectations: Limited upside expected for the S&P 500, with a potential market plateau.
MRK (Merck & Co., Inc.)
Sentiment: Mixed
Options Activity: Both put buys and sells observed for October 2024 expiration, suggesting uncertainty in the direction of price movement.
Total Values: $4,396,000 and $5,851,200
Strike Price: 125 and 130
Expectations: Investors are hedging bets on both sides, indicating mixed sentiment.
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
PGIM Private Real Estate Fund, Inc. (N/A)
Buyer: Prudential Insurance Co of America (Large shareholder)
Shares Purchased: 261,059 (+6.6%)
Price: USD 27.58
Total Value: USD 7,200,000
Nuvation Bio Inc. (NUVB)
Buyer: Robert Mashal (Non-Executive Director)
Shares Purchased: 99,981 (+526215.8%)
Price: USD 2.20
Total Value: USD 219,958
US Insider Sales
Bank of America Corp (BAC)
Seller: Berkshire Hathaway Inc. (Large shareholder)
Shares Sold: 3,933,197 (-0.5%)
Price: USD 39.99
Total Value: USD 157,292,875
Robinhood Markets Inc. (HOOD)
Seller: Meyer Malka (Non-Executive Director)
Shares Sold: 3,225,806 (-9.9%)
Price: USD 25.07
Total Value: USD 80,878,698
Credo Technology Group Holding Ltd (CRDO)
Seller: Tan Lip Bu (Non-Executive Director)
Shares Sold: 117,036 (-5.2%)
Price: USD 33.23
Total Value: USD 3,889,282
Samsara Inc. (IOT)
Seller: Sanjit Biswas (Chief Executive Officer)
Shares Sold: 51,234 (-6.6%)
Price: USD 47.77
Total Value: USD 2,447,284
CDN Insider Purchases
Satellos Bioscience Inc (MSCL)
Buyer: Franklin Milan Berger (Director)
Shares Purchased: 750,000 (+11.0%)
Price: CAD 0.57
Total Value: CAD 427,500
Planet Ventures Inc (PXI)
Buyer: Etienne Moshevich (Senior Officer)
Shares Purchased: 30,500,000 (+74.7%)
Price: CAD 0.03
Total Value: CAD 762,500
Goldcliff Resource Corp (GCN)
Buyer: George Walter Sanders (Director)
Shares Purchased: 1,400,000 (+5.1%)
Price: CAD 0.05
Total Value: CAD 70,000
Goldcliff Resource Corp (GCN)
Buyer: George Walter Sanders (Director)
Shares Purchased: 2,100,000 (+8.2%)
Price: CAD 0.04
Total Value: CAD 73,500
Trifecta Gold Ltd (TG)
Buyer: Richard Micheal Drechsler (Director)
Shares Purchased: 260,229 (+70.8%)
Price: CAD 0.10
Total Value: CAD 26,023
Tourmaline Oil Corp (TOU)
Buyer: Mike Rose (Senior Officer)
Shares Purchased: 2,500 (+0.2%)
Price: CAD 63.95
Total Value: CAD 159,875
CDN Insider Sales
Flying Nickel Mining Corp (FLYN)
Seller: John Lee (Director)
Shares Sold: 400,000 (-7.6%)
Price: CAD 0.05
Total Value: CAD 19,200
Peyto Exploration & Development Corp (PEY)
Seller: Stephen Jonathan Chetner (Director)
Shares Sold: 1,429 (-1.9%)
Price: CAD 15.77
Total Value: CAD 22,535
Pyrogenesis Canada Inc (PYR)
Seller: Photis Peter Pascali (10% Security Holder, Director)
Shares Sold: 13,700 (-2.0%)
Price: CAD 0.85
Total Value: CAD 11,675
Institutional Spotlight: Stocks Available at Lower Prices
Several stocks are currently trading below the prices paid by top-performing hedge fund managers, offering an opportunity to monitor at a discount. Here are key stocks where the current stock price is lower than the average purchase price of these leading hedge funds:
- Intuit (INTU), purchased by James Parsons of Junto Capital Management, is now trading at $619.30, just 0.16% below the hedge fund’s average price of $620.28.
- Synnex Corp (SNX), owned by Glenn Greenberg of Brave Warrior Advisors, is priced at $119.69, down 2.05% from the average purchase price of $122.19.
- Iris Energy Ltd (IREN), acquired by David Rogers of Castle Hook Partners, trades at $7.33, 2.19% lower than their average buy-in price of $7.49.
- Alphabet Inc (GOOGL), held by Alex Sacerdote of Whale Rock Capital Management, is currently at $162.08, down 3.85% from the fund’s average price of $168.57.
Some other notable mentions include:
- First Solar Inc (FSLR), trading 5.94% lower than Telemark Asset Management’s average of $218.00.
- HubSpot Inc (HUBS), priced at $553.49, representing a 9.75% discount from Pentwater Capital Management’s average purchase of $613.26.
- Qualcomm Inc (QCOM), available at $168.52, 10.78% lower than Whale Rock Capital’s purchase price of $188.89.
These price differences provide a potential opportunity, allowing investors to add these stocks to a watchlist at prices lower than what top hedge fund managers recently paid.
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 Momentum Watchlist
AA, AAON, AAPL, ACN, ACST, ADI, ADMA, ADP, ADSK, ADX, AESI, AEYE, AGS, AGX, AIG, AKR, AMBP, AMD, AMPY, AMZN, ANET, AORT, APO, APP, ARES, ARGT, ARIS, ATO, AVAV, AVGO, AXP, BABA, BAC, BARK, BBAR, BCO, BCPC, BCS, BEKE, BFLY, BGC, BIDU, BILI, BJ, BK, BKNG, BMA, BMI, BMTX, BMY, BOOT, BR, BSX, BTU, BURL, BV, BWIN, BXP, BZ, BZUN, CAAP, CADE, CAF, CAH, CAPR, CARG, CARR, CAVA, CBNK, CCJ, CCOI, CDNA, CEG, CHCI, CHI, CHRW, CIEN, CION, CLH, CLM, CLMT, CLS, COF, COHR, COKE, CORZ, CPA, CPNG, CPRI, CRBG, CRDO, CRH, CRS, CSL, CSLR, CVNA, CWH, CZR, DAL, DASH, DD, DECK, DERM, DHY, DKNG, DOCU, DRVN, DT, DTM, DXJ, DY, EAT, EBAY, EGY, ELVN, EMR, ESTA, EWTX, FANG, FIP, FLUT, FN, FNKO, FRHC, FSCO, FTK, FUTU, FXI, GAM, GCI, GDS, GE, GEHC, GILD, GKOS, GOOGL, GPI, GRID, GS, GTES, HEAR, HEI, HLT, HOOD, HPE, HPQ, HTLF, HUBS, HWKN, HWM, HY, IBKR, IHD, IP, ITRI, IVZ, JCI, JD, JHG, JOBY, JPM, JXN, KEX, KGS, KMI, KNTK, KR, KWEB, LBPH, LE, LGND, LMAT, LOAN, LOCO, LPTH, LTH, LUV, LVS, LYV, MAMA, MAR, MBIN, MLI, MNDY, MNKD, MNSO, MP, MPWR, MRUS, MRVL, MSGE, MTCH, MTSI, MTX, MTZ, MWA, NEWT, NFLX, NN, NRG, NTAP, NTES, NTRA, NVDA, NVT, OCUL, ODD, OLED, OLLI, ONTO, ORCL, OSW, PANW, PCT, PDD, PFGC, PHG, PIPR, PLNT, PLTR, PNR, POWL, PPC, PRA, PRIM, PSLV, PYPL, QFIN, QTWO, RCL, RDNT, RDW, RKLB, RNA, RSI, RTX, RVMD, RYAM, RZLT, SASR, SB, SBUX, SE, SFM, SGHC, SHIP, SILV, SITM, SKWD, SKYW, SLV, SMR, SNX, SPNS, SPXC, SQ, SSO, STEP, STEW, STRL, SWI, TDG, TEAF, TECK, TG, TIGR, TISI, TOST, TPC, TRDA, TREE, TRMB, TRN, TSCO, TSLA, TSM, TTEK, TVTX, TXRH, UAA, UAL, UBER, UBS, UI, ULH, UNFI, UNIT, USLM, USM, UTHR, VERA, VHI, VIRT, VITL, VMI, VNET, VRNS, VRT, VSTO, WFC, WGS, WHD, WMT, WRBY, WTV, WYNN, XHR, XLC, ZETA, ZTO
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional Momentum Watchlist
ABX.TO, AC.TO, ACO/X.TO, AD/UN.TO, AG.TO, AGF/B.TO, ALA.TO, AP/UN.TO, ARE.TO, ARG.TO, ARX.TO, ASM.TO, ATH.TO, ATRL.TO, ATZ.TO, BAM.TO, BBD/B.TO, BDT.TO, BEPC.TO, BMO.TO, BN.TO, BNS.TO, BTE.TO, BTO.TO, CAE.TO, CCO.TO, CEF.TO, CEU.TO, CF.TO, CIX.TO, CJ.TO, CLS.TO, CMG.TO, CNQ.TO, CPX.TO, CS.TO, CVE.TO, CWB.TO, CXB.TO, DCBO.TO, DFY.TO, DML.TO, DOL.TO, DPM.TO, DSG.TO, ECN.TO, EFX.TO, ELBM.V, ENB.TO, EQB.TO, ERO.TO, ET.TO, FC.TO, FFH.TO, FIL.TO, FM.TO, FN.TO, FRU.TO, FSZ.TO, GEI.TO, GFL.TO, GLO.TO, GLXY.TO, GOLD.TO, GWO.TO, HBM.TO, HITI.V, IAG.TO, IAU.TO, IGM.TO, IMO.TO, JWEL.TO, KEY.TO, KPT.TO, LAC.TO, LB.TO, LNF.TO, LSPD.TO, LUG.TO, LUN.TO, MAG.TO, MDA.TO, MEG.TO, MFC.TO, MTL.TO, MTY.TO, MX.TO, NA.TO, NVEI.TO, NXE.TO, NXR/UN.TO, OBE.TO, OGC.TO, OLA.TO, ONC.TO, ONEX.TO, PAAS.TO, PNE.TO, POW.TO, PPL.TO, PRL.TO, PRMW.TO, PTK.V, PZA.TO, QTRH.TO, RUS.TO, SES.TO, SIL.TO, SLF.TO, SMT.TO, STLC.TO, STN.TO, SU.TO, SVM.TO, TA.TO, TAL.TO, TD.TO, TF.TO, TFII.TO, TOU.TO, TOY.TO, TRP.TO, TVE.TO, TVK.TO, TXG.TO, URC.TO, VHI.TO, VNP.TO, WEF.TO, WJX.TO, WRN.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!