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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 2025-1-15

The following analysis focuses on the Stock Options Flow Leaderboard for the trading day 2025-1-15. 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.

Accenture plc (ACN)
Sentiment: Bullish
Options Activity: Strong call buying activity with $59,337,600 in premium compared to $38,280,150 from call selling. There is no notable put activity, further emphasizing bullish sentiment.
Total Values: Net premium $21,057,450
Expectations: The substantial call premium indicates positive sentiment, likely expecting upward movement or stability in the near term.

Microsoft Corporation (MSFT)
Sentiment: Bullish
Options Activity: Significant call buying activity ($13,013,596) compared to relatively lower put buying ($629,882). Call selling activity is moderate, adding to the bullish outlook.
Total Values: Net premium $10,309,827
Expectations: Bullish sentiment suggests potential for upside momentum or hedging for long positions.

Citigroup Inc. (C)
Sentiment: Bullish
Options Activity: Elevated call buying ($10,480,833) and relatively low put buying ($392,898). Put selling also supports the bullish view, with $1,618,865 in premium collected.
Total Values: Net premium $10,109,771
Expectations: Confidence in upward movement or stabilization, supported by call dominance.

Micron Technology, Inc. (MU)
Sentiment: Bullish
Options Activity: Significant call buying ($6,680,035) with a net premium of $7,332,142. Put selling adds to the bullish tone, indicating expectations for stability or growth.
Total Values: Net premium $7,332,142
Expectations: Positive sentiment towards the stock indicates confidence in upward or stable price action.

Amazon.com, Inc. (AMZN)
Sentiment: Bullish
Options Activity: Strong call buying activity ($10,565,618) alongside moderate put buying ($1,061,801), indicating bullish sentiment despite hedging.
Total Values: Net premium $6,954,329
Expectations: Anticipation of upward momentum or stability, with bullish flows dominating.

Constellation Brands, Inc. (STZ)
Sentiment: Bullish
Options Activity: Minimal call activity, but significant put selling ($6,651,000) strongly supports a bullish outlook.
Total Values: Net premium $6,671,000
Expectations: Stability or moderate upward price movement is expected, with institutional confidence evident in put selling.

SoundHound AI, Inc. (SOUN)
Sentiment: Bullish
Options Activity: Robust call buying activity ($1,784,039) compared to put buying, with notable premium collected from put selling ($4,431,780).
Total Values: Net premium $5,125,731
Expectations: Bullish sentiment implies potential upside for this smaller-cap stock.

Block, Inc. (SQ)
Sentiment: Bullish
Options Activity: Call buying ($4,436,418) dominates, with limited put activity. Call selling is minimal, supporting bullish expectations.
Total Values: Net premium $4,088,078
Expectations: Bullish sentiment suggests upside or stabilization.

Eli Lilly and Company (LLY)
Sentiment: Bullish
Options Activity: Strong call buying ($4,314,000) with minimal put activity, reinforcing a bullish outlook.
Total Values: Net premium $4,065,700
Expectations: Optimism for further gains or stable performance.

United States Steel Corporation (X)
Sentiment: Bullish
Options Activity: Call buying activity dominates ($4,248,746), with negligible put buying.
Total Values: Net premium $4,031,293
Expectations: Anticipation of upward price movement.

Robinhood Markets, Inc. (HOOD)
Sentiment: Bullish
Options Activity: Call buying activity dominates, with moderate put activity.
Total Values: Net premium $3,838,183
Expectations: Positive sentiment with expectations for stabilization or gains.

Coupang, Inc. (CPNG)
Sentiment: Bullish
Options Activity: Exclusive call buying activity ($3,314,707), reflecting strong bullish sentiment.
Total Values: Net premium $3,314,707
Expectations: Anticipation of significant upside.

Alphabet Inc. (GOOG)
Sentiment: Bullish
Options Activity: Strong call buying ($5,317,058) despite moderate call selling and minimal put activity.
Total Values: Net premium $3,116,876
Expectations: Positive sentiment supports upward or stable price action.

Kohl’s Corporation (KSS)
Sentiment: Bullish
Options Activity: Modest call buying ($257,151) with significant put selling ($3,230,834).
Total Values: Net premium $2,799,985
Expectations: Stability above current price levels is anticipated, with confidence reflected in put selling.

Individual Options Trades: Trading Day 2025-1-5

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.

SPDR S&P 500 ETF Trust (SPY)
Sentiment: Bullish
Options Activity: A significant sale of a long-dated PUT expiring January 15, 2027, with a strike price of $600, spot price at $593.56, and a premium collected of $8,800,000.
Total Values: $8,800,000 premium collected.
Strike Price: $600
Expectations: The PUT sale suggests confidence that SPY will remain above the $600 strike price, with the spot price currently at $593.56.

Oklo Inc. (OKLO)
Sentiment: Bearish
Options Activity: Purchase of a PUT expiring January 31, 2025, with a strike price of $25, spot price at $24.88, and a premium paid of $1,379,240.
Total Values: $1,379,240 premium paid.
Strike Price: $25
Expectations: The PUT purchase indicates a bearish sentiment or downside hedging.

Liberty Energy Inc. (LBRT)
Sentiment: Bullish
Options Activity: Notable purchases of CALLs with strike prices ranging from $25 to $27, expiring February 21, 2025, and November 21, 2025, respectively. Premiums totaled $135,630 and $101,250, among smaller trades.
Total Values: $136,630 and $101,250 premium paid.
Strike Price: $25-$27
Expectations: CALL activity shows bullish interest, with buyers likely expecting the stock to rise above these strike prices. Spot prices ranged from $21.8 to $22.69 at the time of transactions.

Comstock Resources Inc. (CRK)
Sentiment: Bullish
Options Activity: A series of CALL purchases for February 21, 2025, expiration, with $21 and $22 strikes, involving significant premium activity, including a single trade of $560,000 for the $10 CALL expiring January 17, 2025.
Total Values: Premiums across transactions exceeded $212,000.
Strike Price: $21-$22
Expectations: The heavy buying of CALLs reflects bullish sentiment, predicting a rise above strike prices near the $21 spot price.

Coupang Inc. (CPNG)
Sentiment: Bullish
Options Activity: Large purchases of CALLs expiring February 21, 2025, and January 16, 2026, with strikes of $23 and $27, including premiums as high as $1,015,000.
Total Values: Exceeded $1,015,000.
Strike Price: $23-$27
Expectations: Buyers are optimistic about a rise above $27, given spot prices hovering around $22.39.

Clover Health Investments (CLOV)
Sentiment: Bullish
Options Activity: CALL purchases expiring across January and February 2025, with strikes between $4 and $5, highlighting premiums such as $16,716 for a February 28 expiration.
Total Values: Premiums for CALLs totaled more than $16,716.
Strike Price: $4-$5
Expectations: Repeated CALL buying reflects confidence in upward movement, with spot prices ranging from $3.925 to $4.035.

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

Immunovant Inc (IMVT)
Buyer: Roivant Sciences Ltd. (Non-Executive Director, Large Shareholder)
Shares Purchased: 16,845,010 (+21.1%)
Price: USD 20.00
Total Value: USD 336,900,200

Providence Service Corp (PRSC)
Buyer: Coliseum Capital Management, LLC (Large Shareholder)
Shares Purchased: 330,046 (+7.9%)
Price: USD 5.88
Total Value: USD 1,940,670

Zymeworks Inc (ZYME)
Buyer: EcoR1 Capital, LLC (Non-Executive Director, Large Shareholder)
Shares Purchased: 74,125 (+0.5%)
Price: USD 13.39
Total Value: USD 992,875

1-800-Flowers.Com Inc (FLWS)
Buyer: Fund 1 Investments, LLC (Large Shareholder)
Shares Purchased: 160,000 (+3.7%)
Price: USD 7.35
Total Value: USD 1,175,952

ASA Gold and Precious Metals Ltd (ASA)
Buyer: Alexander Merk (COO)
Shares Purchased: 29,700 (+12.2%)
Price: USD 22.00
Total Value: USD 653,379

US Insider Sales

Gulfport Energy Corp (GPOR)
Seller: Silver Point Capital L.P. (Non-Executive Director, Large Shareholder)
Shares Sold: 429,253 (-13.8%)
Price: USD 185.22
Total Value: USD 79,506,241

D-Wave Quantum Inc (QBTS)
Seller: Public Sector Pension Investment Board (Large Shareholder)
Shares Sold: 9,500,000 (-31.7%)
Price: USD 4.51
Total Value: USD 42,874,450

Kellogg Co (K)
Seller: Kellogg W K Foundation Trust (Large Shareholder)
Shares Sold: 114,583 (-0.2%)
Price: USD 81.42
Total Value: USD 9,329,508

Workday Inc (WDAY)
Seller: David A. Duffield (Large Shareholder)
Shares Sold: 34,029 (-32.2%)
Price: USD 246.33
Total Value: USD 8,382,268

Datadog Inc (DDOG)
Seller: Olivier Pomel (Chief Executive Officer)
Shares Sold: 61,042 (-12.3%)
Price: USD 137.20
Total Value: USD 8,375,158

CDN Insider Purchases

Cosa Resources Corp (COSA)
Buyer: Denison Mines Corp. (10% Security Holder of Issuer)
Shares Purchased: 14,195,506
Price: CAD 0.23
Total Value: CAD 3,193,989

Royalties Inc (RI)
Buyer: Timothy David Gallagher (10% Security Holder, Director, Senior Officer)
Shares Purchased: 4,280,000 (+20.3%)
Price: CAD 0.03
Total Value: CAD 128,400

Rio2 Limited
Buyer: Kathryn Johnson (Senior Officer of Issuer)
Shares Purchased: 100,000 (+46.9%)
Price: CAD 0.62
Total Value: CAD 62,000

BetterLife Pharma Inc (BETR)
Buyer: Steven Sangha (10% Security Holder of Issuer)
Shares Purchased: 200,000 (+1.0%)
Price: CAD 0.12
Total Value: CAD 23,000

Rackla Metals Inc (RAK)
Buyer: Simon T.P. Ridgway (Director, Senior Officer)
Shares Purchased: 200,000 (+1.9%)
Price: CAD 0.09
Total Value: CAD 18,000

CDN Insider Sales

Agnico Eagle Mines Ltd (AEM)
Seller: John Merfyn Roberts (Director of Issuer)
Shares Sold: 2,000 (-9.9%)
Price: CAD 118.43
Total Value: CAD 236,860

Black Iron Inc
Seller: RAB Capital Holdings Limited (10% Security Holder of Issuer)
Shares Sold: 750,000 (-1.9%)
Price: CAD 0.19
Total Value: CAD 144,975

Outcrop Silver & Gold Corp (OCG)
Seller: Joseph Pervis Hebert (Director of Issuer)
Shares Sold: 111,500 (-3.4%)
Price: CAD 0.20
Total Value: CAD 22,021

Oceanic Iron Ore Corp (FEO)
Seller: Gordon Keep (Director, Senior Officer)
Shares Sold: 44,500 (-52.9%)
Price: CAD 0.26
Total Value: CAD 11,348

Parkit Enterprise Inc (PKT)
Seller: Robert Blair Tamblyn (Director of Issuer)
Shares Sold: 11,500 (-0.8%)
Price: CAD 0.65
Total Value: CAD 7,475

Institutional Spotlight: Jericho Capital Asset Management’s Bold Bet on Snap Inc. (SNAP)

Jericho Capital Asset Management LP, under the leadership of Josh Resnick, has made a striking move into Snap Inc. (SNAP) with a 100% new position totaling 10,946,968 shares, valued at an estimated $124.87 million. This investment accounts for 2.35% of the fund’s portfolio, demonstrating strong confidence in Snap’s potential growth. The estimated cost basis of $11.41 per share suggests a strategic entry point, likely positioning Jericho to benefit from future appreciation.

This substantial acquisition signals Jericho Capital’s bullish sentiment on Snap Inc., reflecting a belief in the company’s ability to drive innovation and expand its market presence. As one of the most prominent social media platforms, Snap has shown resilience and adaptability in its business model, which may have contributed to the institution’s decision to establish such a significant position.

The move by Jericho Capital underscores the increasing institutional interest in Snap, potentially serving as a catalyst for heightened investor focus. Large-scale investments like these often carry the weight of rigorous analysis, suggesting Snap may offer a compelling growth opportunity at current levels.

Conclusion
Jericho Capital Asset Management’s bold acquisition of Snap Inc. (SNAP) not only elevates the stock’s institutional profile but also reflects robust confidence in its future prospects. With a 100% new stake and a calculated entry point at $11.41 per share, this strategic move is a signal for investors to keep a close eye on Snap’s performance in the coming quarters.

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 – 2025-01-12

DBVT, CEG, AXGN, VVOS, HOOK, STI, STIM, IVDA, RPRX, BSGM, DAL, ECX, PENG, TLSI, ASC, MURA, INSW, CMTL, ANF, CEE, ARIS, PRM, SHIP, BKYI, NVGS, FIVE, CACI, VST, MEG, ALLT, UAL, FTAI, SDS, TTEK, APD, UGL, RSSS, TGT, AGX, RYAN, GRCE, PHX, LNTH, ONON, MP, VITL, CVX, HES, XPOF, BROS, RRC, FROG, MDGL, KTOS, VIK, IESC, HROW, ZS, FINV, JILL, WMT, WSM, YPF, CRS, CLS, SKX, VEON, CRDO, YEXT, VRNS, COST, DOCU, PR, DBB, SNOW, SPR, AMRK, NRG, META, FBTC, KGS, NEXT, SLV, PLNT, PSN, LUV, HD, USDU, INSE, ISRG, GMED, TSM, TWN, BP, AJG, RVPH, UUP, PCF, BURL, LFST, ACI, CHWY, FORM, ARMK, CLM, HPE, SANM, CRC, GEV, BA, IGHG, LTH, CAPN, GPOR, BOXX, GPI, UAN, CIEN

Canadian Institutional Momentum Watchlist

EXPORT – CDN – Institutional – 2025-01-12

GPV.V, ATZ.TO, TWM.TO, URC.TO, ALS.TO, LUG.TO, SU.TO, BB.TO, YGR.TO, CGG.TO, AIM.TO, IMO.TO, WRN.TO, OBE.TO, TD.TO, PD.TO, TAL.TO, EQX.TO, ALA.TO, IAU.TO, TIH.TO, QBR/B.TO, CLS.TO, VHI.TO, GLXY.TO, CNQ.TO, ARTG.V, CJ.TO, PHX.TO, CVE.TO, TVE.TO, CAS.TO, VET.TO, ATH.TO, FNV.TO, BNE.TO, TOT.TO, FRU.TO, AGI.TO, GFL.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!