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 section of the 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.
American Airlines (AAL) Sentiment: Bearish
Options Activity: Sold 8,541 call contracts expiring on October 25, 2024.
Total Values: Premium paid was $805,000.
Strike Price: 13
Market View: Suggests expectations of price resistance around the $13 level.
Merck & Co (MRK) Sentiment: Bullish
Options Activity: Sold 3,215 put contracts expiring on October 18, 2024.
Total Values: Premium received was $3,075,000.
Strike Price: 120
Expectations: Expectation that the stock will stay above $120 by the expiration date.
Invesco QQQ Trust (QQQ) Sentiment: Bullish
Options Activity: Bought 181 call contracts expiring on September 19, 2025.
Total Values: Premium paid was $1,194,870.
Strike Price: 520
Expectations: Anticipation of significant growth over the next year.
Carnival Corporation (CCL) Sentiment: Bullish
Options Activity: Bought 11,710 call contracts expiring on June 20, 2025.
Total Values: Premium paid was $243,950.
Strike Price: 20
Expectations: Potential upside move beyond $20 before expiration.
Intel Corporation (INTC) Sentiment: Mixed
Options Activity: Bought and sold multiple put contracts with expirations ranging from October 18, 2024, to January 17, 2025.
Total Values: Premium received for sold puts was $3,568,500, and premium paid for bought puts was $8,518,400.
Strike Price or Range: 30-45
Expectations: Traders positioning for downside movement but also hedging positions.
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
HNR Acquisition Corp. (HNRA)
Buyer: Dante Caravaggio (Chief Executive Officer)
Shares Purchased: 100,000 (+18.2%)
Price: USD 1.00
Total Value: USD 100,000
PBF Energy Inc (PBF)
Buyer: Control Empresarial de Capitales S.A. de C.V. (Large Shareholder)
Shares Purchased: 1,000,000 (+4.3%)
Price: USD 31.75
Total Value: USD 31,752,400
Camp4 Therapeutics Corp (CAMP)
Buyer: Enavate Sciences GP, LLC (Large Shareholder)
Shares Purchased: 1,363,636 (+56.3%)
Price: USD 11.00
Total Value: USD 14,999,996
US Insider Sales
EnLink Midstream LLC (ENLC)
Seller: Global Infrastructure Investors III, LLC (Large Shareholder)
Shares Sold: 200,340,753 (-100.0%)
Price: USD 14.90
Total Value: USD 2,985,077,220
Sterling Check Corp (STER)
Seller: Melanie Laird (Large Shareholder)
Shares Sold: 1,114,000 (-10.4%)
Price: USD 17.13
Total Value: USD 19,082,820
DoorDash Inc (DASH)
Seller: Tony Xu (Chief Executive Officer)
Shares Sold: 25,864 (-100.0%)
Price: USD 148.76
Total Value: USD 3,847,606
CDN Insider Purchases
Freeman Gold Corp (LGC)
Buyer: Bassam Moubarak (Executive Director)
Shares Purchased: 1,800,000 (+85.7%)
Price: CAD 0.06
Total Value: CAD 108,000
Lavras Gold Corp (LGC)
Buyer: Rostislav Christov Raykov (Non-Executive Director)
Shares Purchased: 130,000 (+2.5%)
Price: CAD 2.60
Total Value: CAD 338,000
Acadian Timber Corp (ADN)
Buyer: Malcolm Jack Lorne Cecil-Cockwell (Non-Executive Director, Large Shareholder)
Shares Purchased: 134,183 (+1.6%)
Price: CAD 17.99
Total Value: CAD 2,413,281
CDN Insider Sales
Lavras Gold Corp (LGC)
Seller: Eric Sprott (Large Shareholder)
Shares Sold: 200,000 (-2.8%)
Price: CAD 2.60
Total Value: CAD 519,240
Rokmaster Resources Corp
Seller: Adam Pankratz (Non-Executive Director)
Shares Sold: 200,000 (-25.0%)
Price: CAD 0.02
Total Value: CAD 4,000
Bayhorse Silver Inc (BHS)
Seller: Graeme O’Neill (Senior Officer)
Shares Sold: 500,000 (-3.9%)
Price: CAD 0.04
Total Value: CAD 20,000
Institutional Spotlight: ASP Isotopes (ASPI)
ASP Isotopes Inc. (ASPI) specializes in the production and commercialization of enriched isotopes, which play a crucial role in the nuclear energy sector, medical diagnostics, and industrial applications. As the global shift towards clean energy accelerates, nuclear energy is becoming an increasingly vital component in reducing carbon emissions. ASP Isotopes is well-positioned to benefit from this trend. The company’s enriched isotopes are essential in operating nuclear reactors, making them a key player in the push for sustainable energy solutions.
This strategic positioning within the nuclear sector has sparked a significant uptick in institutional interest. As of the most recent quarter, 78 institutions hold 8.8 million shares, representing 13.25% of the company’s outstanding stock. Institutional ownership surged by an impressive 118.05%, with a net increase of 4.78 million shares in the last quarter alone. Among the major institutional investors are BlackRock Inc., Vanguard Group Inc., and Geode Capital Management, LLC, signaling confidence in the company’s growth trajectory.
The stock’s performance has also played a pivotal role in attracting institutional buyers. Over the past year, ASP Isotopes’ share price has surged from $1.09 on October 17, 2023, to $3.50 as of October 16, 2024—a remarkable 221% increase. This substantial price momentum reflects optimism surrounding the company’s prospects in the nuclear energy market and its broader application in critical industries.
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
AAPL, ACGL, ACLX, AEYE, AGX, AMP, ANET, AOSL, APO, APP, ARES, ARIS, ATMU, AVGO, BABA, BCYC, BDC, BK, BKNG, BKU, BLCO, BLK, BLND, BOKF, BSX, BTO, BV, BWIN, BX, BXP, CACI, CARG, CARR, CART, CAVA, CBU, CCL, CDE, CDNA, CDRE, CEG, CFG, CHKP, CHRW, CIM, CLM, CMA, CMI, CNK, CNTA, COHR, COMP, COOP, CORZ, CPNG, CRDO, CRS, CRVL, CSWI, CVNA, CW, CWAN, DASH, DOCU, DORM, DTM, DY, EBC, ELDN, ELVN, ENVA, EOLS, EQH, ERAS, ETR, EWTX, EXPO, FCF, FCNCA, FFIN, FFIV, FINV, FIP, FIS, FIX, FRHC, FRPT, FTNT, FUTU, GCI, GDOT, GE, GLW, GMED, GRND, GWRE, HAS, HCP, HD, HIW, HL, HPE, HPF, HPQ, HTLF, IBKR, IESC, INOD, INSG, INSM, IP, ITT, JCI, JD, JHG, JPM, KGS, KKR, KNSA, KTOS, LAZ, LDOS, LLY, LMB, LMT, LOCO, LYV, MAMA, MELI, META, MITT, MMM, MNDY, MNKD, MOD, MREO, MRUS, MSI, MTSI, MTZ, MWA, NMIH, NOW, NRG, NRIM, NRIX, NTRA, NVDA, NWBI, OCUL, ORCL, OUT, OWL, PCT, PFD, PFS, PGR, PI, PIPR, PLTR, PLXS, POWL, PRIM, PSN, PTGX, PYPL, QNST, QTWO, RDW, RDWR, REVG, RNA, ROAD, RSI, RTX, RVMD, RZLT, SAP, SE, SFM, SFNC, SGHC, SLVM, SMR, SMTC, SPG, SPGI, SPOT, SPXC, SSNC, STEP, STRL, SWI, TDG, TGLS, TPC, TRU, TSM, TT, TTD, TTEK, TYL, UBER, UNH, USM, UTHR, VCTR, VERX, VRNS, VST, WAB, WGS, WIX, WLFC, WMT, WOOF, WVE, WYY, YOU, YPF, ZBRA, ZETA, ZWS
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional Momentum Watchlist
AAUC.TO, ACB.TO, ACO/X.TO, AD/UN.TO, ADEN.TO, AEP.V, AFN.TO, AGF/B.TO, AGI.TO, AIF.TO, ALA.TO, ALYA.TO, ARE.TO, ARTG.V, ATH.TO, ATRL.TO, BAM.TO, BB.TO, BDGI.TO, BEPC.TO, BMO.TO, BN.TO, BNS.TO, BTO.TO, CAE.TO, CAS.TO, CCA.TO, CCO.TO, CEF.TO, CEU.TO, CFP.TO, CG.TO, CGY.TO, CIGI.TO, CIX.TO, CJ.TO, CLS.TO, CM.TO, CMG.TO, CNQ.TO, CP.TO, CPX.TO, CRON.TO, CTC/A.TO, CTS.TO, CU.TO, CURA.TO, CWB.TO, CXB.TO, DBM.TO, DFY.TO, DML.TO, DNTL.TO, DOL.TO, DR.TO, DSG.TO, ECN.TO, EDV.TO, EFN.TO, EFX.TO, ELD.TO, EMP/A.TO, ENB.TO, EQB.TO, EQX.TO, ERO.TO, ET.TO, FC.TO, FFH.TO, FIL.TO, FM.TO, FN.TO, FNV.TO, FRU.TO, FSV.TO, FSZ.TO, FTT.TO, FURY.TO, GEI.TO, GFL.TO, GLXY.TO, GOLD.TO, GWO.TO, HBM.TO, HITI.V, IAG.TO, IAU.TO, IFC.TO, IFP.TO, IGM.TO, ITH.TO, L.TO, LAAC.TO, LAC.TO, LB.TO, LGO.TO, LIF.TO, LUC.TO, LUN.TO, MDA.TO, MFC.TO, MRE.TO, MTL.TO, NA.TO, NEO.TO, NFI.TO, NGD.TO, NOA.TO, NVA.TO, NVEI.TO, NWC.TO, NXE.TO, NXR/UN.TO, OGC.TO, OGI.TO, OLA.TO, OR.TO, PBH.TO, PET.TO, PHX.TO, PIF.TO, PKI.TO, PNE.TO, POW.TO, PPL.TO, PRL.TO, PRMW.TO, PZA.TO, QBR/B.TO, QTRH.TO, RUS.TO, RY.TO, SES.TO, SIA.TO, SLF.TO, SSL.TO, SSRM.TO, STN.TO, SVM.TO, T.TO, TA.TO, TF.TO, TFPM.TO, TIH.TO, TOT.TO, TOU.TO, TOY.TO, TPZ.TO, TRI.TO, TRP.TO, TVE.TO, TVK.TO, TXG.TO, URC.TO, VET.TO, WFG.TO, WJX.TO, WN.TO, WPK.TO, WSP.TO, WTE.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!