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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.
Note: 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.
Options Flow Analysis: Trading Day 2024-12-10
The following analysis focuses on the Stock Options Flow Leaderboard for the trading day 2024-12-10. Each section highlights significant institutional activity, providing sentiment, key observations, and market expectations based on the data. All numbers represent large block trades likely executed by institutional players, not total-market figures.
Dollar Tree, Inc. (DLTR)
Sentiment: Bullish
Options Activity: High volume of puts sold, totaling $39,071,300 in premium, with relatively smaller call premium bought at $158,563.
Total Values: Net premium: $18,480,503
Strike Price: Primarily focused on selling puts, indicating strong confidence in price stability above the relevant strike levels.
Expectations: With the spot price likely above the significant put strike levels, the data reflects bullish sentiment, expecting Dollar Tree’s price to hold steady or increase.
Tesla, Inc. (TSLA)
Sentiment: Bullish
Options Activity: Strong call-buying activity with $67,370,137 in call premiums bought and $59,785,084 in calls sold. Put premium sold ($44,523,793) outweighs put premium bought ($38,557,344), further reinforcing the bullish tone.
Total Values: Net premium: $13,551,502
Strike Price: Focus on near-the-money strikes with a preference for upside potential.
Expectations: With significant institutional confidence in upward price movement, Tesla is anticipated to experience strength or continued stability in its stock price.
Alphabet Inc. (GOOGL)
Sentiment: Bullish
Options Activity: Large call premium bought at $34,907,654 compared to $21,284,853 sold. Put activity is relatively muted, with net bullish flow from lower sold premiums ($1,622,967).
Total Values: Net premium: $11,195,602
Strike Price: Focused on at-the-money or moderately out-of-the-money calls, signaling expectations of upward momentum.
Expectations: Alphabet’s stock price is expected to increase modestly, supported by strong institutional call buying.
JPMorgan Chase & Co. (JPM)
Sentiment: Bullish
Options Activity: Strong call-buying with $10,130,905 in premiums purchased, while puts sold totaled $1,003,095.
Total Values: Net premium: $9,764,787
Strike Price: Activity suggests confidence in maintaining or increasing prices above current levels.
Expectations: With calls dominating and minimal put buying, JPMorgan is anticipated to perform well, supported by institutional sentiment.
Amgen Inc. (AMGN)
Sentiment: Bearish
Options Activity: Puts sold total $5,469,250, but the lack of significant call activity and a notable $1,452,000 in put buying weigh on sentiment.
Total Values: Net premium: $3,847,590
Strike Price: Data implies a cautious view with hedging potentially being a factor.
Expectations: Mixed activity suggests institutional caution regarding Amgen’s price stability or potential downward pressure.
Micron Technology, Inc. (MU)
Sentiment: Mixed
Options Activity: Call premium bought at $8,923,546 outpaced by call premium sold at $6,891,353. Modest put activity, with $796,509 bought and $2,107,660 sold.
Total Values: Net premium: $3,343,344
Strike Price: Activity indicates a range-bound expectation, with no aggressive moves indicated.
Expectations: Micron may see limited price action, with hedging present in the options flow.
Concluding Observations:
The options flow for 2024-12-10 indicates bullish sentiment in Dollar Tree (DLTR), Tesla (TSLA), Alphabet (GOOGL), and JPMorgan (JPM), with these stocks attracting the majority of positive net premium. Puts sold prominently signal institutional confidence in maintaining price levels or moving higher. Amgen (AMGN) and others with mixed or bearish tones suggest either hedging or reduced confidence.
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
Gladstone Alternative Income Fund
Buyer: David Gladstone (Chief Executive Officer)
Shares Purchased: 230,000 (+2,300.0%)
Price: USD 10.00
Total Value: USD 2,300,000
Clearwater Analytics Holdings Inc (CWAN)
Buyer: Sandeep Sahai (Chief Executive Officer)
Shares Purchased: 139,172 (-24.0%)
Price: USD 28.94
Total Value: USD 4,027,067
Myers Industries Inc (MYE)
Buyer: Dave Basque (Interim President & CEO)
Shares Purchased: 5,000 (+14.6%)
Price: USD 12.41
Total Value: USD 62,050
US Insider Sales
Corebridge Financial Inc (CRBG)
Seller: American International Group, Inc. (Large shareholder)
Shares Sold: 121,956,256 (-48.9%)
Price: USD 31.47
Total Value: USD 3,838,012,159
Altice USA Inc (ATUS)
Seller: Next Alt S.a.r.l. (Non-Executive Director, Large shareholder)
Shares Sold: 268,410 (-1.7%)
Price: USD 34.61
Total Value: USD 10,384,440
American Homes 4 Rent (AMH)
Seller: Bryan Smith (Chief Operating Officer)
Shares Sold: 40,000 (-24.2%)
Price: USD 37.80
Total Value: USD 1,512,000
Euronet Worldwide Inc (EEFT)
Seller: Nikos Fountas (CEO, EFT EMEA Division)
Shares Sold: 11,351 (-17.8%)
Price: USD 103.94
Total Value: USD 1,179,823
Atlassian Corp (TEAM)
Seller: Scott Farquhar (Non-Executive Director, Large shareholder)
Shares Sold: 1,442 (-1.2%)
Price: USD 276.42
Total Value: USD 398,604
CDN Insider Purchases
TAAT Global Alternatives Inc. (formerly TAAT Lifestyle & Wellness Ltd.)
Buyer: Joel Dumaresq (Director of Issuer)
Shares Purchased: 1,346,242 (+5,263.9%)
Price: CAD 0.12
Total Value: CAD 161,549
Pearl River Holdings Limited
Buyer: George Lunick (Director of Issuer, Senior Officer of Issuer)
Shares Purchased: 145,000 (+10.9%)
Price: CAD 0.15
Total Value: CAD 21,750
CDN Insider Sales
Keyera Corp.
Seller: James Vance Bertram (Director of Issuer, Senior Officer of Issuer)
Shares Sold: 50,000 (-25.0%)
Price: CAD 46.38
Total Value: CAD 2,318,750
IMAX Corporation
Seller: Robert D. Lister (Senior Officer of Issuer)
Shares Sold: 55,910 (-28.7%)
Price: USD 25.50
Total Value: USD 1,425,945
IAMGOLD Corporation (IMG)
Seller: Timothy Bradburn (Senior Officer of Issuer)
Shares Sold: 16,800 (-32.9%)
Price: CAD 8.10
Total Value: CAD 136,080
K-Bro Linen Inc (KBL)
Seller: Linda Jane McCurdy (Director of Issuer, Senior Officer of Issuer)
Shares Sold: 12,200 (-5.1%)
Price: CAD 39.83
Total Value: CAD 485,926
BCE Inc (BCE)
Seller: John Watson (Director or Senior Officer of Insider or Subsidiary of Issuer)
Shares Sold: 13,621
Price: CAD 37.84
Total Value: CAD 515,419
Institutional Spotlight: Outbrain (OB)
Institutional activity in Outbrain Inc. (OB) underscores a robust sponsorship level, with 218 institutional owners and shareholders currently holding 18,246,601 shares. Regulatory filings disclosed these positions, reflecting significant involvement from major investment entities. Leading institutional holders include BlackRock, Inc., Vanguard Group Inc., and State Street Corp., alongside notable funds such as the Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) and iShares Russell 2000 ETF (IWM). Active players like Susquehanna International Group, LLP and Meros Investment Management, LP also feature prominently.
The ownership structure reveals a mix of strategic and passive investment. Filings under Schedule 13D indicate intentions to influence corporate direction, whereas Schedule 13G filings signal passive stakes exceeding 5%. This dynamic demonstrates confidence in the company’s trajectory and its appeal to various investment strategies.
A sharp 55.91% increase in the share price over the past year further supports institutional confidence. As of December 9, 2024, shares are trading at $6.33, compared to $4.06 on December 11, 2023. This performance highlights strong momentum and likely underscores the rationale behind major holders’ sustained or growing positions.
Institutional sponsorship and price appreciation suggest Outbrain Inc. is gaining credibility among key financial players.
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 – 2024-12-07
DOCU, BTDR, BNTC, AUR, VSCO, HPE, IREN, HIMS, WYY, WOOF, CNTA, APLD, PLTR, APP, KYMR, RDW, ELDN, GRND, CRDO, TSLA, WULF, AVGO, CEE, PCT, REAL, AFRM, ERAS, KVYO, BLND, MNDY, RDVT, BLFS, SRRK, MDRX, HNRG, SHOP, ZM, DCTH, GKOS, EWTX, WSM, CIFR, MGNI, CLS, AMZN, ORCL, RCL, ADMA, BEAT, ROAD, AOSL, KTOS, MDGL, META, COHR, LENZ, WRBY, QFIN, BROS, CLBT, CRNX, TTD, KRNT, GLBE, CIEN, MOD, RYTM, NFLX, FOUR, ZVRA, SLVM, QTWO, AXGN, LAZ, CRVS, FINV, NTRA, LYV, JCI, DASH, CSWI, IBM, ANET, TGLS, WAB, APO, HLT, TBBK, VRNA, WLFC, COOP, PFSI, CVBF, SGHC, AXP, FWONK, HD, SMTC, Z, SPG, YPF, ZBRA, TGNA, MNKD, SPOT, COMP, KW, FNGS, CKPT, PYPL, CFFN, MLNK, CART, DLR, ADSK, TGTX, KN, MTSI, ZWS, BLCO, JPM, FTNT, HTLF, MCO, MA, YEXT, MD, PFS, VUG, HRI, RBLX, KKR, CCL, WSO, BKU, VERX, ARES, CBU, CFG, STRL, FIBK, UPRO, EBC, ISRG, MIR, BOKF, GPI, MTZ, MTUM, OWL, VCTR, WMT, BKNG, XLK, DOCS, VTWO, NBXG, SSO, CPT, CORZ, CMG, FLUT, SKY, CMI, CAVA, OMF, REPL, CRWD, CTAS, LITE, ALLT, OUT, BDC, CRH, MWA, NDAQ, TJX, MRVL, NCLH, ITRI, FRPT, INSM, BRKL, NOW, AY, ETN, FCF, FFIV, BAC, FRHC, CBSH
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional – 2024-12-07
TSAT.TO, OGI.TO, GLXY.TO, PPTA.TO, PTK.V, DOO.TO, TA.TO, SSRM.TO, HITI.V, LB.TO, BMO.TO, SMT.TO, ENGH.TO, CLS.TO, LGO.TO, WELL.TO, CPX.TO, DSG.TO, ACQ.TO, BBD/B.TO, DFY.TO, MDA.TO, ITR.V, IFC.TO, AIM.TO, TRI.TO, MAL.TO, MX.TO, ATRL.TO, TOT.TO, BB.TO, CAE.TO, QBR/B.TO, AC.TO, WILD.TO, WSP.TO, BLDP.TO, FFH.TO, CM.TO, BNS.TO, CCA.TO, WPK.TO, CCO.TO, CIGI.TO, EMP/A.TO, T.TO, BAM.TO, BN.TO, EMA.TO, DML.TO, TOY.TO, OLA.TO, STN.TO, MFC.TO, ALS.TO, GFL.TO, TFII.TO, SRU/UN.TO, EFN.TO, MHC/U.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!
