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.

DexCom (DXCM)
Sentiment: Bullish.
Options Activity: A single large put sale with expiration on November 15, 2024.
Total Values: $3,622,500 in premiums collected.
Strike Price or Range of Strike Prices: $130.
Expectations: Anticipated stability above the $130 mark.

SPDR S&P 500 ETF (SPY)
Sentiment: Mixed. Significant selling of puts indicates a bullish outlook, but smaller trades selling calls also mixed the mood.
Options Activity: Multiple trades with expirations on November 15 and November 29, 2024, and mixed strikes.
Total Values: Approximately $3,288,392 across all trades.
Strike Price or Range of Strike Prices: $575 to $615.
Expectations: Mixed expectations, although a large portion of activity implies short-term bullish sentiment.

GameStop (GME)
Sentiment: Bullish. Primarily call buying.
Options Activity: Calls bought, especially those expiring November 1, 2024.
Total Values: Around $566,187 in premiums.
Strike Price or Range of Strike Prices: $20 to $22.
Expectations: Bullish sentiment indicating an upward price move is expected shortly.

Apple (AAPL)
Sentiment: Mixed to slightly bearish. Selling of calls may suggest investors are hedging or betting against significant upside potential.
Options Activity: There is a high volume of call options, particularly those expiring in December 2025.
Total Values: Around $4,300,000.
Strike Price or Range of Strike Prices: $150 to $240.
Expectations: Slightly bearish, with call sellers potentially limiting gains or protecting the downside heading into earnings.

Tesla (TSLA)
Sentiment: Bullish. A mix of call buying for the near term and protective puts for the longer term.
Options Activity: Primarily calls, especially those expiring in early 2025.
Total Values: Approximately $3,302,820 in total premiums.
Strike Price or Range of Strike Prices: $260 to $300.
Expectations: Strongly bullish sentiment with expectations of a potential price surge above $300 by early 2025.

The Coca-Cola Company (KO)
Sentiment: Mixed. Notable selling and buying of puts.
Options Activity: Significant put selling and buying activity for November 15, 2024, at the $70 strike price.
Total Values: Approximately $513,531 across all trades.
Strike Price or Range of Strike Prices: $70.
Expectations: Market shows cautious optimism, indicating possible stabilization at the $70 level with hedging activity.

Lyft Inc. (LYFT)
Sentiment: Bearish. Predominantly call selling.
Options Activity: Large put selling and a notable call sale for December 20, 2024, at the $15 strike price, size exceeding prior open interest.
Total Values: Around $249,700.
Strike Price or Range of Strike Prices: $15.
Expectations: Anticipated downward pressure as investors position for limited upside.

VanEck Semiconductor ETF (SMH)
Sentiment: Bullish. Notable put selling activity.
Options Activity: Put selling with expiration on November 15, 2024, at the $247.50 strike price.
Total Values: Approximately $777,057.
Strike Price or Range of Strike Prices: $247.50.
Expectations: Positive sentiment toward semiconductor strength, indicating stabilization above $247.50.

Walmart Inc. (WMT)
Sentiment: Mixed. Heavy call buying and simultaneous call selling.
Options Activity: Multiple trades on January 17, 2025, with a concentration on the $53.33 strike price.
Total Values: Around $2,157,980.
Strike Price or Range of Strike Prices: $53.33.
Expectations: Moderate upward sentiment with active positioning for price resilience above the $53 range into early 2025.

Nu Holdings Ltd. (NU)
Sentiment: Bullish. High volume of call purchases suggests a positive outlook for price movement in NU.
Options Activity: Significant call buying at a $17 strike price, with expiration on November 15, 2024. The trades were executed at approximately the same time, totaling a high volume.
Total Values: Combined premium value for these trades reached $5,988,800.
Strike Price or Range of Strike Prices: $17.
Expectations: Traders are positioning for a potential increase in NU’s price, with the size and timing of these trades suggesting confidence in near-term appreciation.

ARM Holdings (ARM)

Sentiment: Bullish.
These trades indicate a notable bullish sentiment in ARM, with traders buying significant call positions at a $190 strike price, expiring on April 17, 2025. The volume on each of these trades is substantial and exceeds prior open interest, signaling fresh, large-scale positioning rather than extensions of existing trades.

Options Activity:

• Multiple large call option purchases occurred, with six separate trades executed at various times on October 29, 2024.
• Strike Price: $190 with the underlying trading near $155.50–$155.80 at the time.
• Expiration Date: April 17, 2025.
• Premiums indicate a heavy investment in this options play, totaling over $9.6 million in capital allocated within a very short timeframe.

Total Values:
Combined, the dollar values of these trades amount to an approximate $9.65 million:

• $2,428,640 for the largest trade.
• $1,138,640, $1,214,320, $2,433,800, $1,216,040, and $1,214,320 for the remaining trades.

Expectations:
This significant accumulation of call options suggests the traders are betting on a strong upward movement in ARM’s price, potentially toward or beyond the $190 strike price by early 2025. The premium size and quantity of trades exceeding prior open interest indicate new, large-scale positions likely based on expectations of a positive catalyst or significant growth in ARM’s value.

Bitfarms (BITF)

Sentiment: Bullish.
The high volume of call purchases and put sales reflect strong bullish positioning, as traders are betting on potential price appreciation in Bitfarms over the coming months.

Options Activity:

• Notable Call Buys:
  • Multiple large call purchases on calls expiring in May 2025 at a $4 strike price, totaling around $227,506 and $225,000 in premiums each, and some smaller trades.
  • Additional call buys were also noted on options expiring in January 2025 ($3 strike) and May 2025 ($5 strike), with substantial volume.
  • Calls expiring in January 2026 saw a large volume with $63,000 in premiums on one multi-sweep and another trade valued at $43,190.
• Put Sells:
  • The trades also include significant put selling on May 2025 $3 strike puts, with a total of $53,520 in premiums collected in one instance and $70,560 in another, indicating traders may be betting on price stability or a limited downside for Bitfarms.

Total Values:
The combined premium for these large trades is approximately $900,000, reflecting a substantial capital commitment:

• The largest trades in May 2025 call options amount to around $227,506, $225,000, and $220,455, signaling strong bullish positioning.
• Additional significant premiums were seen in the January 2026 calls and put sales in May 2025.

Expectations:
The large volume and high dollar value of these trades, particularly in the longer-dated calls, suggest traders are positioning for an uptrend in Bitfarms over the mid-to-long term. The heavy call buying across various expiration dates, especially exceeding prior open interest, implies a fresh bullish outlook likely based on expectations of price appreciation. The put-selling activity adds to the bullish sentiment, as traders collect premiums with confidence that the stock will maintain its level or increase.

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

Rocky Mountain Chocolate Factory Inc. (RMCF)
Buyer: GLOBAL VALUE INVESTMENT CORP. (Large shareholder)
Shares Purchased: 42,063 (+2.3%)
Price: USD 2.89
Total Value: USD 121,440

Rocky Mountain Chocolate Factory Inc. (RMCF)
Buyer: Geygan Jeffrey Richart (Executive Director, Large shareholder)
Shares Purchased: 42,063 (+2.5%)
Price: USD 2.89
Total Value: USD 121,440

Winnebago Industries Inc. (WGO)
Buyer: Happe Michael J (President & CEO)
Shares Purchased: 2,500 (+0.9%)
Price: USD 55.52
Total Value: USD 138,800

Athena Silver Corp (AHNR)
Buyer: Gibbs John D (Large shareholder)
Shares Purchased: 4,000,000 (+12.7%)
Price: USD 0.04
Total Value: USD 144,000

StepStone Private Infrastructure Fund (STRUX)
Buyer: Sittema Thomas Kent (Non-Executive Director)
Shares Purchased: 31,771 (+44.9%)
Price: USD 12.59
Total Value: USD 400,000

Overstock.com Inc. (OSTK)
Buyer: Lemonis Marcus (Executive Chairman of Board)
Shares Purchased: 71,428 (+19.5%)
Price: USD 7.00
Total Value: USD 499,996

US Insider Sales

Herc Holdings Inc. (HRI)
Seller: Sheek Samuel Wade (SVP & Chief Legal Officer)
Shares Sold: 5,000 (-18.8%)
Price: USD 213.12
Total Value: USD 1,065,600

Wintrust Financial Corp (WTFC)
Seller: Dykstra David A (Vice Chairman and COO)
Shares Sold: 15,492 (-7.3%)
Price: USD 115.48
Total Value: USD 1,789,016

Acuity Brands Inc. (AYI)
Seller: Goldman Barry R (SVP & General Counsel)
Shares Sold: 5,120 (-37.8%)
Price: USD 305.00
Total Value: USD 1,561,600

Old Dominion Freight Line Inc. (ODFL)
Seller: Gantt Greg C (Non-Executive Director)
Shares Sold: 7,000 (-6.7%)
Price: USD 200.07
Total Value: USD 1,400,490

Equifax Inc. (EFX)
Seller: Begor Mark W (CEO)
Shares Sold: 22,254 (-16.9%)
Price: USD 270.45
Total Value: USD 6,018,605

CDN Insider Purchases

Whitecap Resources Inc. (WCP)
Buyer: Grant Bradley Fagerheim (Executive Director)
Shares Purchased: 20,000 (+0.7%)
Price: CAD 10.42
Total Value: CAD 208,400

Vendetta Mining Corp. (VTT)
Buyer: Michael Jeffrey Williams (Non-Executive Director)
Shares Purchased: 5,000,000 (+148.4%)
Price: CAD 0.01
Total Value: CAD 50,000

TFI International Inc. (TFII)
Buyer: John Pratt (Non-Executive Director)
Shares Purchased: 650 (+22.6%)
Price: USD 134.73
Total Value: USD 87,573

North Arrow Minerals Inc. (NAR)
Buyer: Eira Margaret Thomas (Executive Director)
Shares Purchased: 500,000 (+97.9%)
Price: CAD 0.20
Total Value: CAD 100,000

Golden Arrow Resources Corporation (GRG)
Buyer: Diego Martin Pestana (Large shareholder)
Shares Purchased: 2,500,000 (+29.3%)
Price: CAD 0.04
Total Value: CAD 100,000

Advantage Energy Ltd. (AAV)
Buyer: John Festival (Non-Executive Director)
Shares Purchased: 20,000 (+25.0%)
Price: CAD 8.80
Total Value: CAD 176,000

Highlander Silver Corp. (HSLV)
Buyer: Jerrold Annett (Non-Executive Director)
Shares Purchased: 286,970
Price: CAD 0.85
Total Value: CAD 242,834

Athena Gold Corporation
Buyer: John D. Gibbs (Large shareholder)
Shares Purchased: 4,000,000 (+12.9%)
Price: CAD 0.05
Total Value: CAD 200,000

CDN Insider Sales

Real Brokerage Inc. (REAX)
Seller: Tamir Poleg (Executive Director)
Shares Sold: 22,753 (-0.3%)
Price: USD 5.13
Total Value: USD 116,723

Aftermath Silver Ltd. (AAG)
Seller: David Andrew Terry (Non-Executive Director)
Shares Sold: 600,000 (-66.7%)
Price: CAD 0.60
Total Value: CAD 360,000

Institutional Spotlight: Molecular Partners (MOLN)

In the latest filing, Mark Lampert‘s Biotechnology Value Fund LP has increased its stake in Molecular Partners AG (MOLN) to 9,888,592 shares, representing a substantial 24.5% ownership of the company’s outstanding shares. This boost of 1,192,387 additional shares, translating to a 12% increase in position, signals a strong vote of confidence from Biotechnology Value Fund in Molecular Partners’ growth potential. The transaction, filed as a Schedule 13D/A on October 29, 2024, highlights recent institutional enthusiasm, underscoring a focused strategic interest in Molecular Partners within the healthcare and biotechnology sectors.

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 – 2024-10-25

Canadian Institutional Momentum Watchlist

EXPORT – CDN – Institutional Momentum Watchlist – 2024-10-25

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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!