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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.
CleanSpark Inc (CLSK)
Sentiment: Bullish activity.
Options Activity: Large block call purchases for expiration dates in 2025-07-18 with strikes at $12 and $37.
Total Values: Call buy at $12: $694,800 | Call buy at $37: $670,872
Strike Price: $12, $37
Expectations: High interest in long-term upside potential with sizable commitment seen in multiple sweeps.
Market View: Traders appear optimistic regarding long-term growth prospects.
SPDR S&P 500 ETF (SPY)
Sentiment: Bearish to neutral with a focus on selling calls.
Options Activity: Significant call selling activity noted with expirations ranging from 2024-12-20 to 2025-04-17, strike levels at $405 and $590.
Total Values: Multiple large trades with combined total values exceeding $31 million across different trades.
Strike Price: $405, $590
Expectations: Traders are limiting upside exposure or betting on constrained movement in SPY’s price above key strike levels.
Market View: Sentiment suggests a cautious outlook with expectations for potential resistance or capped upside in SPY’s price movement.
Cronos Group (CRON)
Sentiment: Bearish with call selling post-earnings.
Options Activity: Large block call sells for expiration 2025-04-17 at a $2.5 strike.
Total Values: $58,037
Strike Price: $2.5
Expectations: Limited upside movement expected in CRON’s price following the post-earnings trade setup.
Market View: Sentiment leans bearish with potential resistance perceived by institutional traders.
NVIDIA Corporation (NVDA)
Sentiment: Mixed/Bullish lean
Options Activity: Call premium bought totaled $153,811,147, while call premium sold amounted to $110,647,243. On the put side, premium bought was $37,610,033, and premium sold was $22,829,541.
Total Values: Net premium inflow of $28,383,412 suggests strong institutional interest in calls, indicating a cautious but bullish stance.
Strike Price Considerations: Focus on potential higher strikes given the heavy call activity.
Market View/Expectations: The overall sentiment indicates a possible upside in NVDA as institutions position for potential strength, albeit with some hedging through put activity.
Meta Platforms, Inc. (META)
Sentiment: Bullish
Options Activity: Call premium bought was $34,287,692, compared to call premium sold at $12,765,447. Puts had minimal activity, with premium bought at $500,814 and sold at $1,765,278.
Total Values: Net premium inflow of $22,786,709 underscores a bullish view, with more emphasis on acquiring call options.
Strike Price Considerations: Possible positioning around higher strike levels, reflecting confidence in upward price movement.
Market View/Expectations: Significant bullish sentiment with limited put hedging suggests optimism for upward price moves or expected continuation of a positive trend.
Iris Energy Limited (IREN)
Sentiment: Mixed/Bullish lean
Options Activity: Call premium bought was $6,112,523, with premium sold at $3,592,801. Put premium bought totaled $3,133,907, while premium sold was $9,531,627.
Total Values: Net premium inflow of $8,917,442, showing a preference for call activity but with notable put sales.
Strike Price Considerations: Balanced options positioning indicates cautious optimism.
Market View/Expectations: Institutions appear to anticipate some upward momentum but are hedging through strategic put selling.
MSC Industrial Direct Co., Inc. (MSM)
Sentiment: Bullish
Options Activity: Call premium bought totaled $8,047,000 with no notable put activity.
Total Values: Total premium of $8,047,000, reflecting targeted bullish positioning.
Strike Price Considerations: Focused activity on calls suggests strategic confidence.
Market View/Expectations: Strong bullish signal from large premium on limited call activity, implying targeted upside expectations.
GameStop Corp. (GME)
Sentiment: Bullish
Options Activity: Call premium bought amounted to $9,241,570, compared to call premium sold at $2,383,988. Minimal put activity observed.
Total Values: Net premium inflow of $6,851,551, predominantly from call buying.
Strike Price Considerations: Reflective of speculative or strategic bullish bets.
Market View/Expectations: Bullish sentiment remains strong as institutions focus on upside potential with limited put hedging.
CleanSpark, Inc. (CLSK)
Sentiment: Bullish
Options Activity: Call premium bought totaled $5,692,810, with call premium sold at $1,671,918. Limited put activity observed.
Total Values: Net premium inflow of $4,104,015, showing a strong bias towards calls.
Strike Price Considerations: Positions suggest expectation for upward movement.
Market View/Expectations: Institutions show bullish lean through substantial call activity relative to minimal put hedging.
Riot Platforms, Inc. (RIOT)
Sentiment: Mixed/Bullish lean
Options Activity: Call premium bought was $4,972,005, with premium sold at $851,303. Modest put activity, with premium bought at $606,197 and sold at $302,792.
Total Values: Net premium inflow of $3,817,297, dominated by call activity.
Strike Price Considerations: Indicates expectations of potential upward moves.
Market View/Expectations: Slightly bullish lean based on strong call buying with limited downside hedging.
MARA (Marathon Digital Holdings)
Sentiment: Mixed (Multiple Trades)**
Options Activity:
- Sell call at strike 39 (total premium: $2,336,000)
- Buy call at strike 30 (total premium: $295,928)
Total Values: Total premium activity on several trades exceeds $1M+
Strike Price: Various strikes, spot prices range from 25.245 to 30 (overlapping trends)
Expectations: Implies mixed market strategies with both speculative upsides ahead of earnings as well as hedging.
Market View: Heavy institutional involvement around key spots; mixed positions on possible consolidation or breakout.
WT (WisdomTree)
Sentiment: Bullish
Options Activity: Aggressive call buy
Total Values: $34,335 in premium
Strike Price: 12.5, Spot Price: 11.615 (7.62% below strike)
Expectations: Large call buying ahead of 2024-12-20 expiration suggests potential price appreciation.
Market View: High conviction for potential price movement above strike.
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
Noble Corporation PLC (NE)
Buyer: APMH Invest A/S (Large shareholder)
Shares Purchased: 303,629 (+1.0%)
Price: USD 35.63
Total Value: USD 10,818,301
Atmos Energy Corp (ATO)
Buyer: Edward Geiser (Non-Executive Director)
Shares Purchased: 2,500 (+2451.0%)
Price: USD 144.89
Total Value: USD 362,225
Digital Turbine Inc (APPS)
Buyer: Robert M. Deutschman (Non-Executive Director)
Shares Purchased: 100,000 (+21.2%)
Price: USD 1.41
Total Value: USD 141,000
US Insider Sales
Amazon.com Inc (AMZN)
Seller: Jeffrey P. Bezos (Executive Chair, Large shareholder)
Shares Sold: 1,613,353 (-0.2%)
Price: USD 206.28
Total Value: USD 332,803,102
Teledyne Technologies Inc (TDY)
Seller: Robert Mehrabian (Executive Chairman)
Shares Sold: 17,412 (-8.0%)
Price: USD 489.70
Total Value: USD 8,526,597
Alkami Technology Inc (ALKT)
Seller: General Atlantic, L.P. (Large shareholder)
Shares Sold: 375,000 (-2.9%)
Price: USD 37.50
Total Value: USD 14,062,500
CDN Insider Purchases
Sol Strategies Inc. (formerly, Cypherpunk Holdings Inc.) (CYF)
Buyer: Antanas (Tony) Guoga (Executive Director)
Shares Purchased: 500,000 (+1.0%)
Price: CAD 1.13
Total Value: CAD 565,250
Total Energy Services Inc (TOT)
Buyer: Daniel Kim Halyk (Executive Director)
Shares Purchased: 10,000 (+1.3%)
Price: CAD 10.45
Total Value: CAD 104,500
Knight Therapeutics Inc (GUD)
Buyer: Samira Sakhia (Executive Director)
Shares Purchased: 20,000 (+7.7%)
Price: CAD 5.15
Total Value: CAD 103,000
Cardinal Energy Ltd. (CJ)
Buyer: John Festival (Non-Executive Director)
Shares Purchased: 50,050 (+15.9%)
Price: CAD 6.20
Total Value: CAD 310,310
Cardinal Energy Ltd. (CJ)
Buyer: John Albert Brussa (Non-Executive Director)
Shares Purchased: 40,000 (+9.8%)
Price: CAD 6.20
Total Value: CAD 247,988
CDN Insider Sales
Shopify Inc (SHOP)
Seller: Robert Gerard Ashe (Non-Executive Director)
Shares Sold: 80,000 (-25.3%)
Price: USD 90.03
Total Value: USD 7,202,792
iA Financial Corporation Inc (IAG)
Seller: Pierre Miron (Senior Officer)
Shares Sold: 15,000 (-75.4%)
Price: CAD 129.23
Total Value: CAD 1,938,416
Institutional Spotlight: Cadiz (CDZI)
Cadiz Inc., a water supply company, is seeing a notable increase in institutional interest, with a total of 178 institutional owners currently holding positions. These include 177 long-only holders and one long/short holder. Recent data indicates a 3.49% increase in the number of institutions owning the stock as of the most recent quarter (MRQ). Of the company’s 75.18 million outstanding shares, 35% (26.31 million shares) are held by institutions, reflecting a slight decrease of approximately 0.28 million shares (-1.05%) from the previous quarter. Key institutional holders include prominent firms such as BlackRock Inc., Vanguard Group Inc., and 272 Capital LP.
Cadiz Inc.’s institutional value is calculated at approximately $78,478,000 as of the latest filings. A noteworthy development includes the 13D/A filing by Heerema International Group Services SA, showing a net increase of shares to 30.47 million as of November 6, 2024, representing 38.10% ownership, despite a reduction in ownership percentage due to share adjustments. Furthermore, Whitefort Capital Management, LP recently reported a 13G filing reflecting holdings of 5.36 million shares.
In terms of stock performance, Cadiz Inc.’s share price has appreciated from $2.98 on November 13, 2023, to $3.40 on November 12, 2024, marking a 14.09% increase year-over-year. This price movement, coupled with sustained institutional involvement, underscores growing confidence in Cadiz’s strategic initiatives and market positioning within the water supply sector.
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 – 2024-11-09
ABT, ACLX, ACRV, ADMA, ADSK, ADT, AESI, AEYE, AGR, AGX, AHCO, AHH, AJG, ALL, ALNY, AM, AMP, AMSC, ANDE, ANF, AON, APGE, APO, APP, APTV, ARES, ARIS, ARQ, ARQT, ASPI, ATMU, AVA, AXON, AXP, BAC, BCC, BCYC, BDSX, BEAT, BECN, BGC, BHRB, BHVN, BILL, BKLN, BKNG, BKU, BL, BLK, BLND, BOKF, BRKL, BROS, BSX, BTDR, BTM, BTO, BV, BWIN, BX, BXMX, BXP, CACI, CARG, CARR, CAVA, CBSH, CBU, CCL, CEE, CFR, CGON, CHD, CHRW, CHWY, CIEN, CIFR, CIM, CLM, CLS, CMA, CMBS, CMC, CME, CMG, CMI, CNP, CNTA, COHR, COOP, CORZ, CPRT, CPT, CRC, CRDO, CRGX, CRH, CRM, CRS, CRVL, CSWI, CSX, CTAS, CVBF, CVNA, CW, CWB, CWBC, DAL, DASH, DAWN, DCTH, DECK, DFH, DGII, DGX, DIS, DKS, DLR, DOCS, DOCU, DORM, DTM, DUOL, DY, EBC, EGP, EME, EMHY, ENVA, EQR, ERAS, ETN, ETR, EVRG, EWTX, EXPO, FBTC, FCF, FDX, FEX, FFIN, FHTX, FI, FIBK, FIHL, FIP, FIX, FLUT, FOUR, FR, FRHC, FRME, FRPT, FTAI, FTNT, FWONK, GCI, GE, GEF, GEV, GGT, GGZ, GKOS, GLBE, GLW, GM, GME, GOLF, GPOR, GRND, GSHD, HALO, HCI, HCP, HD, HDB, HLMN, HLT, HOMB, HON, HPE, HPF, HROW, HTLF, HUBS, HWM, HYGH, IBKR, ICFI, ICVT, IESC, IKT, INDB, INOD, INSG, INSM, INTU, IOT, IRDM, IRON, ISRG, ITRI, ITT, JAZZ, JCI, JHG, JPM, KAI, KEYS, KGS, KKR, KMPR, KNX, KROS, KTOS, KW, LAZ, LBRDK, LDOS, LH, LITE, LLY, LMB, LMT, LOAR, LOPE, LYFT, MA, MAA, MAMA, MBB, MCD, MCO, MGNI, MITT, MKL, MLTX, MMM, MNDY, MNMD, MOD, MRCY, MREO, MSI, MTUM, MTZ, MWA, NATL, NBXG, NCNO, NDAQ, NEXT, NHI, NN, NRIX, NTRA, NU, NUVL, NVEI, NWBI, OCUL, OGE, OMF, ONON, OOMA, ORCL, ORI, OWL, PAYC, PCAR, PCF, PFGC, PFS, PFSI, PG, PGR, PI, PLCE, PLNT, PLTR, PLXS, PMTS, POWL, PPC, PPL, PRIM, PSN, PUTW, PYPL, QNST, QTWO, RBC, RBRK, RCL, RDDT, RDVT, RDW, REAL, REPL, REVG, RGA, ROAD, ROST, RSI, RSSS, RTX, RVMD, RYAN, SAVA, SBUX, SCHW, SEZL, SFM, SFNC, SHOP, SHW, SKY, SLVM, SMMT, SMPL, SMR, SMTC, SNBR, SNDR, SNWVD, SON, SPB, SPG, SPGI, SPOT, SPXC, SR, SRE, SSNC, SSO, STEP, STLD, STRL, SUM, SWX, TARS, TBBK, TDG, TEAM, TERN, TGLS, TGTX, THRD, TISI, TJX, TLSA, TOST, TPX, TRMB, TRU, TSLA, TSM, TT, TTGT, TVTX, TW, TYL, UAL, UNFI, UNH, USDU, USFD, UTHR, UTZ, UUP, V, VCTR, VEON, VERX, VIAV, VRRM, VRSK, VRT, VST, VTV, VTWO, VUG, WAB, WBS, WEAV, WEC, WELL, WGS, WIX, WM, WMT, WSO, WULF, WWD, WYY, XHB, XLE, XLF, YEXT, Z, ZBRA, ZETA, ZM, ZURA
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional – 2024-11-09
ACO/X.TO, AIF.TO, ALA.TO, ATD.TO, ATZ.TO, BAM.TO, BEPC.TO, BMO.TO, BNS.TO, CAE.TO, CCA.TO, CFP.TO, CGO.TO, CIGI.TO, CLS.TO, CMG.TO, CPX.TO, CTC/A.TO, CWB.TO, DBM.TO, DCBO.TO, DNTL.TO, DOL.TO, DSG.TO, ECN.TO, EFN.TO, ENB.TO, EQX.TO, EXE.TO, FN.TO, FSV.TO, FTS.TO, GLXY.TO, GRT/UN.TO, GWO.TO, H.TO, IFC.TO, IGM.TO, IMG.TO, JWEL.TO, LB.TO, LSPD.TO, MATR.TO, MDA.TO, MG.TO, MOGO.TO, MTY.TO, MX.TO, NA.TO, NVA.TO, NVEI.TO, NXE.TO, ONEX.TO, PET.TO, PNE.TO, POW.TO, PRL.TO, SES.TO, T.TO, TD.TO, TRI.TO, VHI.TO, WPM.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!