Notice: The Unusual Activity report is provided for informational and educational purposes only and is not intended to be used as a stock-picking service or as financial advice. The charts and accompanying research are designed to support your analysis, serving as indicators rather than direct recommendations to buy or sell any security. The creator assumes no responsibility for actions taken by readers and strongly encourages individuals to fully understand the associated risks and potential outcomes before making investment decisions. Please note that any charts and/or information are intended to aid in research and should not be considered a definitive part of your personal trading strategy. Not all charts will lead to actionable buy or sell signals at any given time. Individuals should consider consulting a qualified financial advisor before making any investment decisions.

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.

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.

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 2025-12-16

The following analysis focuses on the Stock Options Flow Leaderboard for the trading day 2025-12-16. 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.

Note: This report highlights institutional block option flow based on net premium. Strike prices and expiration dates are not available with block data.

Strategy Inc (MSTR)
Sentiment: Bullish – significant put selling with premium collected
Options Activity: Institutions engaged in substantial put selling while also buying puts, alongside active call buying and selling, resulting in dominant premium collection from puts sold.
Key Totals: Total premium from puts sold $226.5 million; total premium from puts bought $112.9 million; net premium $116.7 million bullish.
Analysis: The large premium collected from put selling outweighs put buying and net call activity, indicating bullish positioning through income generation on the put side.

Microsoft Corporation (MSFT)
Sentiment: Bullish – significant put selling with premium collected
Options Activity: Institutions focused on put selling for premium collection, supplemented by modest call buying, against put buying and minor call selling.
Key Totals: Total premium from puts sold $59.3 million; total premium from puts bought $34.3 million; net premium $27.2 million bullish.
Analysis: Premium collected from put selling substantially exceeds put premiums paid, driving overall bullish net flow despite some put purchasing.

Tesla, Inc. (TSLA)
Sentiment: Bullish – heavy call buying
Options Activity: Institutions showed strong call buying activity alongside call selling, with lesser put buying and put selling.
Key Totals: Total premium from calls bought $136.3 million; total premium from calls sold $102.5 million; net premium $25.8 million bullish.
Analysis: Net positive premium on calls, supported by higher call premiums bought versus sold, indicates bullish directional exposure on the call side.

UnitedHealth Group Incorporated (UNH)
Sentiment: Bullish – significant put selling with premium collected
Options Activity: Institutions emphasized put selling to collect premium, with put buying present but outweighed, and minimal call activity.
Key Totals: Total premium from puts sold $60.1 million; total premium from puts bought $36.8 million; net premium $23.1 million bullish.
Analysis: The premium collected from put selling dominates over put premiums paid, contributing to bullish net flow.

Oracle Corporation (ORCL)
Sentiment: Bullish – put selling for premium collection
Options Activity: Institutions sold puts to collect premium while also buying puts, with call buying exceeding call selling.
Key Totals: Total premium from puts sold $51.5 million; total premium from puts bought $42.7 million; net premium $11.6 million bullish.
Analysis: Premium collected from put selling surpasses put buying, combined with net call premium positive, supporting bullish positioning.

The Home Depot, Inc. (HD)
Sentiment: Bullish – put selling with premium collected
Options Activity: Institutions sold calls and bought puts, but put activity was dominant with premium collection implied in net flow.
Key Totals: Total premium from puts bought $12.0 million; net flow reflects bullish premium collection overall.
Analysis: Despite call selling and put buying, the overall premium dynamics point to bullish income generation.

Ares Management Corporation (ARES)
Sentiment: Bullish – call buying dominant
Options Activity: Institutions bought and sold calls in balanced volume but with higher premiums on buys, alongside minor put buying.
Key Totals: Total premium from calls bought $24.0 million; total premium from calls sold $16.8 million.
Analysis: Net positive call premium from higher buying activity indicates bullish directional bets on calls.

Skyworks Solutions, Inc. (SWKS)
Sentiment: Bullish – pure call buying
Options Activity: Institutions engaged in call buying with matching premium outflow on the sold side or directional purchase.
Key Totals: Total premium from calls bought $5.4 million.
Analysis: Exclusive call premium paid reflects bullish exposure through long calls.

Micron Technology, Inc. (MU)
Sentiment: Bullish – put selling for premium
Options Activity: Institutions sold puts to collect premium, with modest call buying and put buying.
Key Totals: Total premium from puts sold $5.0 million; net premium $5.4 million bullish.
Analysis: Premium collected from put selling drives the positive net flow over other activities.

The Procter & Gamble Company (PG)
Sentiment: Bullish – put selling activity
Options Activity: Institutions sold puts and bought calls modestly, against put buying.
Key Totals: Total premium from puts sold $4.9 million; total premium from puts bought $4.6 million.
Analysis: Slight edge in premium collected from put selling contributes to bullish net premium.

Target Corporation (TGT)
Sentiment: Bullish – put selling with premium collected
Options Activity: Institutions sold puts while buying puts and calls, with call buying prominent.
Key Totals: Total premium from puts sold $15.1 million; total premium from puts bought $13.3 million; net premium $4.1 million bullish.
Analysis: Premium collected from put selling edges out put buying, supporting bullish flow.

Carvana Co. (CVNA)
Sentiment: Bullish – call buying over selling
Options Activity: Institutions bought calls for higher premium than sold, with minor put activity balanced.
Key Totals: Total premium from calls bought $9.0 million; total premium from calls sold $2.6 million; net premium $4.0 million bullish.
Analysis: Strong net call premium paid indicates bullish directional call exposure.

Super Micro Computer, Inc. (SMCI)
Sentiment: Bullish – put selling prominent
Options Activity: Institutions sold puts for premium collection against modest put and call buying.
Key Totals: Total premium from puts sold $2.7 million; net premium positive.
Analysis: Premium collected from put selling outweighs buying activity for bullish income generation.

TeraWulf Inc. (WULF)
Sentiment: Bullish – call buying activity
Options Activity: Institutions bought calls while selling calls and puts modestly.
Key Totals: Total premium from calls bought $2.7 million; net premium $2.1 million bullish.
Analysis: Net positive call premium supports bullish directional flow.

Amazon.com, Inc. (AMZN)
Sentiment: Bullish – modest call buying
Options Activity: Institutions bought calls while selling calls, with minimal put selling.
Key Totals: Total premium from calls bought $3.7 million; net premium $2.1 million bullish.
Analysis: Higher call premiums bought versus sold drive mild bullish net flow.

Tilray Brands, Inc. (TLRY)
Sentiment: Bullish – call buying over minor puts
Options Activity: Institutions focused on call buying with limited put activity.
Key Totals: Total premium from calls bought $2.2 million; net premium $2.1 million bullish.
Analysis: Dominant call premium paid indicates bullish exposure.

Salesforce, Inc. (CRM)
Sentiment: Bullish – directional call buying
Options Activity: Institutions bought calls exclusively in recorded blocks.
Key Totals: Total premium from calls bought $2.0 million.
Analysis: Pure call premium outflow reflects bullish long call positions.

Advanced Micro Devices, Inc. (AMD)
Sentiment: Bullish – net call premium positive
Options Activity: Institutions bought calls for higher premium than sold, against put buying and selling.
Key Totals: Total premium from calls bought $5.5 million; net premium $1.8 million bullish.
Analysis: Positive net on calls despite put activity contributes to overall bullish flow.

American Airlines Group Inc. (AAL)
Sentiment: Bullish – call buying prominent
Options Activity: Institutions engaged in call buying with minor call and put selling.
Key Totals: Total premium from calls bought $2.8 million; net premium $1.8 million bullish.
Analysis: Strong call premiums paid over sold indicate bullish directional bets.

Tickers: MSTR, MSFT, TSLA, UNH, ORCL, HD, ARES, SWKS, MU, PG, TGT, CVNA, SMCI, WULF, AMZN, TLRY, CRM, AMD, AAL

Important Note: The numbers above only represent aggregate figures of large block trades made by institutions. They are not total-market figures and should not be interpreted as such.

Individual Options Trades: Trading Day 2025-12-16

This section focuses on unusual trades that stand out on an individual basis. These trades are highlighted for their distinctiveness, reflecting significant activity that diverges from typical market behavior.

Tesla, Inc. (TSLA)
Sentiment: Bullish
Options Activity: Buyers purchased calls expiring February 20, 2026, at the $600 strike (well above the spot price around $474) in large block trades, including box splits and trades.
Total Values: Premium paid approximately $7.23 million across the trades.
Strike Price: $600
Analysis: Buyers paid premium to acquire calls with the strike significantly above the spot price and four hundred thirty-five days to expiration. These purchases establish new long positions in calls positioned for substantial upside in the underlying stock.

Target Corporation (TGT)
Sentiment: Bullish
Options Activity: Buyers purchased calls expiring January 9, 2026, at the $99 strike (slightly above the spot price around $98.38) in trades where size exceeded prior open interest.
Total Values: Premium paid approximately $213,000 across the trades.
Strike Price: $99
Analysis: Buyers paid premium to acquire calls with the strike near the spot price and three hundred eighty-nine days to expiration. Trade sizes exceeded prior open interest, indicating new positioning established for upside in the underlying stock.

Denison Mines Corp. (DNN)
Sentiment: Bullish
Options Activity: Buyers purchased calls expiring April 17, 2026, at the $2 strike (below the spot price around $2.56) in complex trades where size exceeded prior open interest.
Total Values: Premium paid approximately $297,000 across the trades.
Strike Price: $2
Analysis: Buyers paid premium to acquire calls with the strike below the spot price and four hundred eighty-eight days to expiration. Trade sizes exceeded prior open interest, indicating new long positions established in calls already in-the-money.

Bitmine Immersion Technologies, Inc. (BMNR)
Sentiment: Bearish
Options Activity: Buyers purchased puts expiring January 16, 2026, at the $31 strike (at the spot price around $31.13–31.15) across multi-sweeps and trades, with one where size exceeded prior open interest.
Total Values: Premium paid approximately $877,000 across the trades.
Strike Price: $31
Analysis: Buyers paid premium to acquire puts with the strike at the spot price and three hundred ninety-six days to expiration. One trade size exceeded prior open interest, indicating new positioning established for downside protection or directional bearishness in the underlying stock.

Applied Digital Corporation (APLD)
Sentiment: Bullish
Options Activity: Buyers purchased calls across multiple expirations: January 9, 2026, at $23.50 and $24.50 strikes (above the spot price around $22.7–22.8); and February 20, 2026, at the $24 strike (above the spot price around $22.7), all in trades where size exceeded prior open interest.
Total Values: Premium paid approximately $826,000 across the trades.
Strike Prices: $23.50, $24.50 (January 9, 2026); $24 (February 20, 2026)
Analysis: Buyers paid premium to acquire calls with strikes above the spot price and three hundred eighty-nine days to expiration for January contracts (four hundred thirty-five days for February). All trade sizes exceeded prior open interest, indicating new long positions established for upside in the underlying stock.

Cameco Corporation (CCJ)
Sentiment: Bullish
Options Activity: Sellers sold puts expiring January 30, 2026, at the $75 strike (below the spot price around $87.73) in a trade where size exceeded prior open interest.
Total Values: Premium collected approximately $895,000.
Strike Price: $75
Analysis: Sellers collected premium by selling puts with the strike much lower than the spot price and four hundred ten days to expiration. Trade size exceeded prior open interest, indicating new positioning where sellers obligate themselves to buy the underlying at the strike if assigned while retaining the premium.

Tilray Brands, Inc. (TLRY)
Sentiment: Bullish
Options Activity: Buyers purchased calls expiring December 19, 2025, at the $17 strike (above the spot price around $14.10–14.14) in trades where size exceeded prior open interest.
Total Values: Premium paid approximately $298,000 across the trades.
Strike Price: $17
Analysis: Buyers paid premium to acquire calls with the strike above the spot price and three days to expiration. Trade sizes exceeded prior open interest, indicating new long positions established for near-term upside in the underlying stock.

Tickers: TSLA, TGT, DNN, BMNR, APLD, CCJ, TLRY

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

Central Federal Corp (CFBK)
Buyer: Ringwald Bradley J (Officer)
Shares Purchased: 1,000 (+3.5%)
Price: USD 24.07
Total Value: USD 24,070

Central Federal Corp (CFBK)
Buyer: Hoeweler Robert E (Non-Executive Director)
Shares Purchased: 1,000 (+1.4%)
Price: USD 23.87
Total Value: USD 23,870

Mexico Fund Inc (MXF)
Buyer: Saba Capital Management, L.P. (Large shareholder)
Shares Purchased: 28,475 (+1.7%)
Price: USD 20.22
Total Value: USD 575,765

ASA Gold and Precious Metals Ltd (ASA)
Buyer: Saba Capital Management, L.P. (Large shareholder)
Shares Purchased: 7,866 (+0.1%)
Price: USD 58.10
Total Value: USD 457,015

New Germany Fund Inc (GF)
Buyer: Saba Capital Management, L.P. (Large shareholder)
Shares Purchased: 14,355 (+0.7%)
Price: USD 11.28
Total Value: USD 161,924

TriplePoint Venture Growth BDC Corp (TPVG)
Buyer: Labe James (Executive Director)
Shares Purchased: 30,000 (+2.1%)
Price: USD 6.46
Total Value: USD 193,680

TriplePoint Venture Growth BDC Corp (TPVG)
Buyer: Srivastava Sajal (Executive Director)
Shares Purchased: 30,000 (+2.1%)
Price: USD 6.46
Total Value: USD 193,680

Relmada Therapeutics Inc (RLMD)
Buyer: Traversa Sergio (Executive Director)
Shares Purchased: 27,500 (+2.2%)
Price: USD 4.12
Total Value: USD 113,300

Relmada Therapeutics Inc (RLMD)
Buyer: Shenouda Maged (Officer)
Shares Purchased: 11,665 (+1.5%)
Price: USD 4.12
Total Value: USD 48,060

Second Sight Medical Products Inc (EYES)
Buyer: Williams Gregg (Large shareholder)
Shares Purchased: 264,551 (+1.1%)
Price: USD 1.26
Total Value: USD 333,334

Second Sight Medical Products Inc (EYES)
Buyer: Williams Gregg (Large shareholder)
Shares Purchased: 1,473,214 (+6.4%)
Price: USD 1.12
Total Value: USD 1,650,000

Asset Entities Inc (ASST)
Buyer: Cole Matthew Ryan (Executive Director)
Shares Purchased: 58,739 (+inf%)
Price: USD 0.81
Total Value: USD 47,491

Asset Entities Inc (ASST)
Buyer: Cole Matthew Ryan (Executive Director)
Shares Purchased: 11,920 (+inf%)
Price: USD 0.80
Total Value: USD 9,560

Asset Entities Inc (ASST)
Buyer: Cole Matthew Ryan (Executive Director)
Shares Purchased: 237,079 (+182.9%)
Price: USD 0.80
Total Value: USD 189,829

Asset Entities Inc (ASST)
Buyer: Cole Matthew Ryan (Executive Director)
Shares Purchased: 207,457 (+373.4%)
Price: USD 0.82
Total Value: USD 169,119

US Insider Sales

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 3,221 (-0.1%)
Price: USD 67.87
Total Value: USD 218,609

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 6,661 (-0.2%)
Price: USD 64.29
Total Value: USD 428,236

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 8,476 (-0.2%)
Price: USD 62.94
Total Value: USD 533,479

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 14,095 (-0.4%)
Price: USD 62.12
Total Value: USD 875,581

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 10,963 (-0.3%)
Price: USD 61.25
Total Value: USD 671,484

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 8,416 (-0.2%)
Price: USD 60.51
Total Value: USD 509,252

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 21,321 (-0.5%)
Price: USD 69.28
Total Value: USD 1,477,119

Arrowhead Pharmaceuticals Inc (ARWR)
Seller: Anzalone Christopher Richard (Executive Director)
Shares Sold: 100,532 (-2.5%)
Price: USD 68.67
Total Value: USD 6,903,532

Avista Corp (AVA)
Seller: Manuel Wayne O (Officer)
Shares Sold: 1,785 (-15.3%)
Price: USD 38.74
Total Value: USD 69,151

Ciena Corp (CIEN)
Seller: Rothenstein David M (Officer)
Shares Sold: 2,500 (-1.4%)
Price: USD 220.84
Total Value: USD 552,100

Ciena Corp (CIEN)
Seller: Gage Brodie (Officer)
Shares Sold: 550 (-1.4%)
Price: USD 220.84
Total Value: USD 121,462

Energy Fuels Inc (EFR)
Seller: Morrison Alex G (Non-Executive Director)
Shares Sold: 24,869 (-18.3%)
Price: USD 14.40
Total Value: USD 358,014

Energy Fuels Inc (EFR)
Seller: Morrison Alex G (Non-Executive Director)
Shares Sold: 14,000 (-9.3%)
Price: USD 14.18
Total Value: USD 198,576

Calamos Long/Short Equity & Dynamic Income Trust (CPZ)
Seller: Calamos John P Sr (Executive Director)
Shares Sold: 5,475 (-10.3%)
Price: USD 14.61
Total Value: USD 79,990

Calamos Long/Short Equity & Dynamic Income Trust (CPZ)
Seller: Calamos John P Sr (Executive Director)
Shares Sold: 3,180 (-7.6%)
Price: USD 14.56
Total Value: USD 46,301

Calamos Long/Short Equity & Dynamic Income Trust (CPZ)
Seller: Calamos John P Sr (Executive Director)
Shares Sold: 2,726 (-4.9%)
Price: USD 14.62
Total Value: USD 39,854

Calamos Long/Short Equity & Dynamic Income Trust (CPZ)
Seller: Calamos John P Sr (Executive Director)
Shares Sold: 2,500 (-5.3%)
Price: USD 14.60
Total Value: USD 36,500

Calamos Long/Short Equity & Dynamic Income Trust (CPZ)
Seller: Calamos John P Sr (Executive Director)
Shares Sold: 1,599 (-2.8%)
Price: USD 14.63
Total Value: USD 23,393

Calamos Long/Short Equity & Dynamic Income Trust (CPZ)
Seller: Calamos John P Sr (Executive Director)
Shares Sold: 1,400 (-2.4%)
Price: USD 14.64
Total Value: USD 20,496

Advanced Energy Industries Inc (AEIS)
Seller: DelSanto Anne (Non-Executive Director)
Shares Sold: 240 (-3.3%)
Price: USD 218.40
Total Value: USD 52,416

Udemy Inc (UDMY)
Seller: Blanchard Sarah (Officer)
Shares Sold: 25,000 (-2.0%)
Price: USD 5.25
Total Value: USD 131,255

CDN Insider Purchases

Les Ressources Yorbeau Inc (YRB)
Buyer: Laflamme, Dany (Non-Executive Director)
Shares Purchased: 3,125,000 (+13.5%)
Price: CAD 0.08
Total Value: CAD 250,000

Les Ressources Yorbeau Inc (YRB)
Buyer: Kocisko, Terry (Non-Executive Director)
Shares Purchased: 2,812,500 (+21.3%)
Price: CAD 0.08
Total Value: CAD 225,000

Les Ressources Yorbeau Inc (YRB)
Buyer: Kocisko, Terry (Non-Executive Director)
Shares Purchased: 312,500 (+67.2%)
Price: CAD 0.08
Total Value: CAD 25,000

Les Ressources Yorbeau Inc (YRB)
Buyer: Gélinas, Henri (Non-Executive Director)
Shares Purchased: 3,125,000 (+8.2%)
Price: CAD 0.08
Total Value: CAD 250,000

Les Ressources Yorbeau Inc (YRB)
Buyer: Bodnar jr., Georges (Executive Director)
Shares Purchased: 625,000 (+15.4%)
Price: CAD 0.08
Total Value: CAD 50,000

Vizsla Silver Corp (VZLA)
Buyer: Pokrandt, Harry Rudolf (Non-Executive Director)
Shares Purchased: 145,000 (+38.4%)
Price: CAD 7.09
Total Value: CAD 1,028,485

Vermilion Energy Inc (VET)
Buyer: Stadnyk, Myron Maurice (Non-Executive Director)
Shares Purchased: 5,000 (+11.1%)
Price: CAD 11.56
Total Value: CAD 57,794

Vermilion Energy Inc (VET)
Buyer: Bieber, Corey B. (Non-Executive Director)
Shares Purchased: 660 (+2.5%)
Price: CAD 11.50
Total Value: CAD 7,590

Salazar Resources Ltd (SRL)
Buyer: Wu, Hui (Non-Executive Director)
Shares Purchased: 800,000 (+20.3%)
Price: CAD 0.13
Total Value: CAD 104,000

Principal Technologies Inc (PTEC)
Buyer: Leydolf, Roman (Large shareholder)
Shares Purchased: 1,000,000 (+12.1%)
Price: CAD 0.30
Total Value: CAD 300,000

Power Metallic Mines Inc (PNPN)
Buyer: Mallard, Les James (Non-Executive Director)
Shares Purchased: 100,000 (+10.1%)
Price: CAD 0.80
Total Value: CAD 80,000

Peyto Exploration and Development Corp (Pre-Merger)
Buyer: Frame, Riley Millar (Officer)
Shares Purchased: 11,500 (+9.8%)
Price: CAD 22.78
Total Value: CAD 261,970

Morguard Real Estate Investment Trust (MRT.UN)
Buyer: Morguard Corporation (Large shareholder)
Shares Purchased: 154,260 (+0.8%)
Price: CAD 5.87
Total Value: CAD 905,414

Minera Alamos Inc (MAI)
Buyer: Stewart, David Rodger (Officer)
Shares Purchased: 120,000 (+36.9%)
Price: CAD 0.44
Total Value: CAD 52,200

Medicenna Therapeutics Corp (MDNA)
Buyer: Merchant, Fahar (Executive Director Large shareholder)
Shares Purchased: 32,000 (+69.6%)
Price: CAD 1.11
Total Value: CAD 35,520

Medicenna Therapeutics Corp (MDNA)
Buyer: Beraldo, Albert George (Non-Executive Director)
Shares Purchased: 85,000 (+21.7%)
Price: CAD 1.12
Total Value: CAD 94,818

Gibson Energy Inc (GEI)
Buyer: Richardson, Craig (Non-Executive Director)
Shares Purchased: 1,000 (+100.0%)
Price: CAD 26.07
Total Value: CAD 26,070

Blumetric Environmental Inc (BLM)
Buyer: MacFabe, Scott Andrew (Executive Director)
Shares Purchased: 143,850 (+39.9%)
Price: CAD 1.35
Total Value: CAD 193,766

American Hotel Income Properties REIT LP (HOT.UN)
Buyer: O’Neill, John Christopher (Non-Executive Director)
Shares Purchased: 100,000 (+100.0%)
Price: CAD 0.35
Total Value: CAD 35,000

Sparc AI Inc (SPAI)
Buyer: Haberfield, Anthony John (Non-Executive Director)
Shares Purchased: 200,000 (+34.4%)
Price: CAD 0.70
Total Value: CAD 140,000

VersaBank (VBNK)
Buyer: Taylor, David Roy (Executive Director)
Shares Purchased: 13,036 (+479.4%)
Price: USD 14.40
Total Value: USD 187,718

VersaBank (VBNK)
Buyer: Shah, Chintan (Officer)
Shares Purchased: 1,705 (+56.9%)
Price: CAD 19.83
Total Value: CAD 33,810

Empire Company Ltd (EMP.A)
Buyer: Zurel, Jo Mark (Non-Executive Director)
Shares Purchased: 4,000 (+400.0%)
Price: CAD 46.50
Total Value: CAD 186,000

Empire Company Ltd (EMP.A)
Buyer: St-Laurent, Pierre (Executive Director)
Shares Purchased: 3,000 (+214.3%)
Price: CAD 45.85
Total Value: CAD 137,546

Nutrien Ltd (NTR)
Buyer: Thompson, Mark (Officer)
Shares Purchased: 4,700 (+15.5%)
Price: CAD 85.62
Total Value: CAD 402,414

Artis Real Estate Investment Trust (AX.UN)
Buyer: Joyce, Steven (Large shareholder)
Shares Purchased: 30,100 (+0.2%)
Price: CAD 7.40
Total Value: CAD 222,740

Artis Real Estate Investment Trust (AX.UN)
Buyer: Joyce, Steven (Large shareholder)
Shares Purchased: 32,000 (+0.2%)
Price: CAD 7.38
Total Value: CAD 236,157

CDN Insider Sales

Peyto Exploration and Development Corp (Pre-Merger)
Seller: Czember, Derick Nathan (Officer)
Shares Sold: 13,100 (-12.3%)
Price: CAD 23.00
Total Value: CAD 301,300

Metalla Royalty & Streaming Ltd (Pre-Reincorporation)
Seller: Johnston, Amanda (Non-Executive Director)
Shares Sold: 19,725 (-46.2%)
Price: CAD 10.98
Total Value: CAD 216,581

Lightspeed Commerce Inc (LSPD)
Seller: Shapiro, John (Officer)
Shares Sold: 2,588 (-5.4%)
Price: USD 11.75
Total Value: USD 30,405

Imax Corp (IMAX)
Seller: Welton, Mark (Officer)
Shares Sold: 25,000 (-16.3%)
Price: USD 39.28
Total Value: USD 982,000

Golden Age Exploration Ltd (GDN)
Seller: Hanson, Kevin R. (Executive Director Large shareholder)
Shares Sold: 490,000 (-49.0%)
Price: CAD 0.06
Total Value: CAD 26,950

Golden Age Exploration Ltd (GDN)
Seller: Hanson, Brenda (Large shareholder)
Shares Sold: 500,000 (-48.1%)
Price: CAD 0.06
Total Value: CAD 27,500

Colliers International Group Inc (CIGI)
Seller: Curtin, John (Non-Executive Director)
Shares Sold: 7,075 (-14.0%)
Price: USD 144.32
Total Value: USD 1,021,053

CCL Industries Inc (CCL.B)
Seller: Washchuk, Sean (Officer)
Shares Sold: 1,400 (-2.8%)
Price: CAD 85.00
Total Value: CAD 119,000

Bank of Nova Scotia (BNS)
Seller: Walsh, Julie (Officer)
Shares Sold: 2,767 (-65.9%)
Price: CAD 100.62
Total Value: CAD 278,416

Bank of Nova Scotia (BNS)
Seller: Walsh, Julie (Officer)
Shares Sold: 3,716 (-72.2%)
Price: CAD 100.62
Total Value: CAD 373,904

Royal Bank of Canada (RY)
Seller: McKay, David Ian (Executive Director)
Shares Sold: 91,288 (-94.0%)
Price: CAD 228.75
Total Value: CAD 20,881,801

Pan American Silver Corp (PAAS)
Seller: Emerson, Christopher (Officer)
Shares Sold: 3,000 (-15.8%)
Price: CAD 70.30
Total Value: CAD 210,906

Intact Financial Corp (IFC)
Seller: Paradis, Marie-Lucie (Officer)
Shares Sold: 550 (-24.5%)
Price: CAD 282.54
Total Value: CAD 155,397

Intact Financial Corp (IFC)
Seller: Cotnoir, Frédéric (Officer)
Shares Sold: 400 (-1.8%)
Price: CAD 282.87
Total Value: CAD 113,148

iA Financial Corporation Inc (IAG)
Seller: Ricard, Denis (Executive Director)
Shares Sold: 3,000 (-5.7%)
Price: CAD 175.25
Total Value: CAD 525,750

Eldorado Gold Corp (ELD)
Seller: Yilmaz, Mehmet (Officer)
Shares Sold: 3,600 (-23.6%)
Price: CAD 48.93
Total Value: CAD 176,148

Stingray Group Inc (RAY.A)
Seller: Boyko, Éric (Executive Director Large shareholder)
Shares Sold: 10,000 (-12.5%)
Price: CAD 14.13
Total Value: CAD 141,268

Institutional Spotlight: December 16, 2025

Quoin Pharmaceuticals, Ltd. (QNRX)
IKARIAN CAPITAL LLC, led by Vikram Khanna, disclosed ownership of 211,538 shares, representing 25.20% ownership. The filing reflects a concentrated position, establishing IKARIAN CAPITAL LLC as a major shareholder.

Build-A-Bear Workshop, Inc. (BBW)
DIVISADERO STREET CAPITAL MANAGEMENT LP, managed by William Zolezzi, reported ownership of 996,407 shares, equating to 7.70% ownership. The position places the firm among the company’s notable institutional holders.

Kymab Group Ltd. (KYMR)
BIOTECHNOLOGY VALUE FUND LP, under Mark Lampert, disclosed a holding of 6,867,809 shares, representing 8.50% ownership. The stake reflects a sizable institutional position in the company.

Atlas Lithium Corporation (ATLX)
CITADEL ADVISORS LLC, led by Kenneth Griffin, reported ownership of 1,557,881 shares, accounting for 5.90% ownership. The disclosure confirms CITADEL ADVISORS LLC as a significant institutional holder.

ProCap Financial, Inc. (PROCAP)
STEADFAST CAPITAL MANAGEMENT LP, managed by Robert Pitts, disclosed ownership of 6,250,000 shares, representing 7.30% ownership. The position establishes a meaningful institutional presence.

Venus Concept Inc. (VERO)
MADRYN ASSET MANAGEMENT LP, led by Avinash Amin, reported ownership of 18,763,125 shares, equating to 91.00% ownership. The filing indicates near-total control by the institution.

SWZ (SWZ)
CSS LLC IL disclosed ownership of 1,742,506 shares, representing 10.27% ownership. The stake positions the firm as a key institutional shareholder.

Daedalus Special Acquisition Corp. (DADA)
LINDEN CAPITAL LP reported ownership of 1,350,000 shares, accounting for 5.30% ownership, marking a notable institutional position in the company.

Spruce Power Holding Corp. (SPRU)
STEEL PARTNERS HOLDINGS LP disclosed ownership of 3,079,314 shares, representing 16.90% ownership. The filing highlights a substantial institutional stake.

Hinge Health, Inc. (HNGE)
JANE STREET GROUP LLC reported ownership of 2,130,181 shares, equating to 5.60% ownership, establishing the firm as a significant institutional holder.

Tickers: QNRX, BBW, KYMR, ATLX, VERO, SWZ, DADA, SPRU, HNGE

Institutional Momentum Watchlists

(Stocks are sorted to highlight those with the strongest momentum at the time of the scan)

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

DARE, MAPS, OGI, ALGS, YOU, KOLD, BEAT, CNTM, HYMC, AEON, RGNX, ERAS, IMVT, TENX, RAPP, COGT, ASND, OSCR, OLMA, ENTA, VGZ, GE, CDNA, ROIV, OWLT, TLSA, PTGX, VSCO, SRZN, CTMX, SNBR, LYEL, REPL, ENVA, USAU, HCI, SATS, PLTM, ANDE, TSLA, CARG, DXYZ, ATAT, CRC, FIGS, AIG, SWIM, CRNX, BMY, PBYI, MCD, FANUY, MNKD, LFST, PCRX, ZYME, KYMR, UFPT, KO, MNST, DSVSF, TNDM, DRH, MKL, CCK, NUVB, YUMC, ORI, DE, PVLA, FLNT, BA, LLY, ANF, KINS, MD, BVS, SPPP, WBD, SCO, UNP, DBI, JAZZ, AEO, MA, TIGO, RSI, AHCO, TBT, NCSM, SR, KNSA, KNX, ULTA, AXGN, SDHC, DASH, NRIM, MRK, OSW, DTM, FNLC, HWM, WMT, ADCT, UGL, ORMP, EBAY, CB, LMT, MIDD, UTHR, FIVE, GOLD, PEP, TBF, BAC, LUV, ACT, OPCH, AHH, JBLU

Canadian Institutional Momentum Watchlist

EXPORT – Canadian Institutional Momentum Watchlist

TSND.TO, WEED.TO, GTII.CA, CURA.TO, ACB.TO, OGI.TO, CRON.TO, HITI.V, CAE.TO, VLE.TO, SDE.TO, MAL.TO, ITR.V, CNL.TO, BBD/B.TO, AYA.TO, NTR.TO, ARIS.TO, QBR/B.TO, DOL.TO, NFG.V, IAU.TO, SGD.TO, RUS.TO, GAU.TO, KBL.TO, TRZ.TO, TOT.TO, AAUC.TO, MX.TO, NXR/UN.TO, RCH.TO, EDV.TO, TVE.TO, MRE.TO, III.TO, TSU.TO, BCE.TO, SLF.TO, GWO.TO, SAP.TO, ODV.V, WTE.TO, IPO.TO, DFY.TO, IAG.TO, FFH.TO, TPZ.TO, DBM.TO, TRP.TO, VBNK.TO, EXE.TO, POU.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!