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.

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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.

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 2025-7-23

The following analysis focuses on the Stock Options Flow Leaderboard for the trading day 2025-7-23. 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.

CoreWeave (CRWV)
Sentiment: Bullish
Options Activity: High-dollar call buying dominated the flow, with total call premium at $343.37 million and only $87,000 in put premium bought.
Total Values: $150.72 million in net premium
Analysis: Institutions appear aggressively bullish, significantly outweighing all other flow on the leaderboard. The sheer size of the call premium paid, combined with negligible put activity, underscores strong institutional conviction in further upside.

Carrier Global (CARR)
Sentiment: Bullish
Options Activity: Large call premium of $8.6 million bought versus $3.18 million in puts bought. Additionally, $10.52 million in put premium was collected through put selling, reinforcing bullish sentiment.
Total Values: $15.73 million net premium
Analysis: Bullish conviction is reflected not only through call buying but also substantial premium collected from put selling, indicating institutional confidence in price stability or upside.

Centene (CNC)
Sentiment: Bullish
Options Activity: Modest call premium of $278K bought, but the standout action was over $9.5 million collected in put premium.
Total Values: $9.4 million net premium
Analysis: The bullish tone is driven by heavy put selling. Despite modest call activity, the scale of premium collected suggests confidence in price support.

Broadcom (AVGO)
Sentiment: Bullish
Options Activity: Total call premium bought was $1.97 million, with over $7 million collected through put selling.
Total Values: $6.97 million net premium
Analysis: The strong skew toward put selling over call buying signals institutional optimism and a belief that price levels will hold or rise.

Enphase Energy (ENPH)
Sentiment: Bullish
Options Activity: Total call premium bought was $6.23 million, with an additional $1.04 million collected via put selling.
Total Values: $6.95 million net premium
Analysis: Call buying dominates the bullish flow, supported further by put selling. Institutions appear positioned for upside continuation.

Robinhood (HOOD)
Sentiment: Bullish
Options Activity: Call premium paid totaled $6.96 million, while $2.45 million in put premium was collected.
Total Values: $6.81 million net premium
Analysis: A combination of strong call buying and significant put selling reflects institutional conviction in continued strength or support.

Palantir (PLTR)
Sentiment: Bullish
Options Activity: Call premium of $4.6 million bought, while $6.05 million in put premium was collected.
Total Values: $5.36 million net premium
Analysis: While call and put activity are relatively balanced, the size of put selling drives a bullish read, suggesting institutions are favoring stability or a move higher.

Advanced Micro Devices (AMD)
Sentiment: Bullish
Options Activity: Call premium bought totaled $9.77 million, with $2.08 million collected from put selling.
Total Values: $4.96 million net premium
Analysis: Strong call buying with reinforcing put selling suggests a bullish setup, indicating expectations of further upside.

Analog Devices (ADI)
Sentiment: Bullish
Options Activity: Minimal call activity, but $6.17 million in put premium was collected.
Total Values: $4.8 million net premium
Analysis: The dominant theme is bullish put selling. Despite limited call data, institutions appear confident in price levels holding.

Johnson Controls (JCI)
Sentiment: Bullish
Options Activity: Call premium of $3.35 million bought, with no opposing put activity.
Total Values: $4.12 million net premium
Analysis: Clean bullish flow driven purely by call buying, with no meaningful bearish offset.

Hims & Hers Health (HIMS)
Sentiment: Bullish
Options Activity: Call premium of $5.77 million bought, and $4.38 million in put premium was collected.
Total Values: $2.68 million net premium
Analysis: Dual-sided bullish activity reflects broad institutional confidence in both upward movement and support holding.

American Airlines (AAL)
Sentiment: Bullish
Options Activity: Call premium of $4.59 million bought and $1.09 million in put premium collected.
Total Values: $2.45 million net premium
Analysis: Heavy call buying and modest put selling continue to support a bullish view from institutions.

Webull (BULL)
Sentiment: Bullish
Options Activity: Call premium of $2.24 million bought and $2.05 million in put premium collected.
Total Values: $2.34 million net premium
Analysis: Balanced bullish flow from both sides—institutions appear positioned for upside with confidence in current levels.

Meta Platforms (META)
Sentiment: Bullish
Options Activity: Despite higher call selling than buying, $6.96 million in put premium was collected.
Total Values: $2.12 million net premium
Analysis: The aggressive put selling outweighs bearish signals from call selling, keeping sentiment skewed bullish.

D-Wave Quantum (QBTS)
Sentiment: Bullish
Options Activity: $3.75 million in call premium bought and $345K in put premium collected.
Total Values: $2.1 million net premium
Analysis: Strong call buying supported by put selling paints a bullish picture despite modest total values.

IonQ (IONQ)
Sentiment: Bullish
Options Activity: $1.2 million in calls bought and $1 million in put premium collected.
Total Values: $1.89 million net premium
Analysis: Institutions are aligned for upside with balanced bullish positioning across both sides.

Thermo Fisher (TMO)
Sentiment: Bullish
Options Activity: No calls, but $1.86 million in put premium was collected.
Total Values: $1.86 million net premium
Analysis: Pure put selling supports a bullish stance, with institutions betting on price stability.

Bank of America (BAC)
Sentiment: Bullish
Options Activity: Call premium of $2.1 million bought and $119K in put premium collected.
Total Values: $1.75 million net premium
Analysis: Strong call buying, alongside modest put selling, suggests institutional expectations of continued upside or solid support.

Citigroup (C)
Sentiment: Bullish
Options Activity: Call premium of $9.82 million bought and $214K in put premium collected.
Total Values: $1.72 million net premium
Analysis: The flow leans bullish with large-scale call activity and light put selling, indicating upside expectations.

Salesforce (CRM)
Sentiment: Bullish
Options Activity: $2.01 million in call premium bought with no puts bought or sold.
Total Values: $1.57 million net premium
Analysis: All bullish flow was focused on calls, indicating institutions are positioning for potential strength ahead.

Western Union (WU)
Sentiment: Bullish
Options Activity: $1.77 million in call premium bought with almost no bearish positioning.
Total Values: $1.55 million net premium
Analysis: Light but clean bullish activity driven by call interest and no major put involvement.

Shake Shack (SHAK)
Sentiment: Bullish
Options Activity: $1.13 million in call premium bought
Total Values: $1.13 million net premium
Analysis: All bullish premium came via call buying with no notable offset, signaling a straightforward institutional bet on upside.

DLocal (DLO)
Sentiment: Bullish
Options Activity: $1.42 million in call premium bought
Total Values: $990K net premium
Analysis: Clean bullish setup from call buyers without any conflicting activity, suggesting interest in near-term strength.

Atai Life Sciences (ATAI)
Sentiment: Bullish
Options Activity: $934K in call premium bought
Total Values: $934K net premium
Analysis: Small but directional bet via call buying with no opposing put flow.

Vertical Aerospace (EVTL)
Sentiment: Bullish
Options Activity: $564K in call premium bought
Total Values: $564K net premium
Analysis: Light call-driven flow with no competing positions reflects a focused bullish stance.

TeraWulf (WULF)
Sentiment: Bullish
Options Activity: $255K in call premium bought, $524 in puts bought, and $9.6K in calls sold
Total Values: $245K net premium
Analysis: Light bullish activity from call buying with limited bearish offset suggests a minor but clear institutional lean toward upside.

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 2025-7-23

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.

BlackBerry (BB)
Sentiment: Bullish
Options Activity: Repeated call buying for the $4.50 strike expiring August 8, 2025, with sixteen days to expiry. Multiple sweeps exceeded prior open interest, indicating new positioning.
Total Values: Approximately $71,585 in premium paid across all trades
Strike Price: $4.50
Analysis: With the spot price at $4.035, the $4.50 calls reflect a modestly out-of-the-money position and suggest traders are positioning for a short-term upside move. The fact that trade size exceeded prior open interest indicates a fresh bullish outlook being established.

Virgin Galactic (SPCE)
Sentiment: Bullish
Options Activity: A mix of call buying at $4.00 and $4.50 strikes, across two expirations: September 19, 2025 (fifty-eight days to expiry) and October 17, 2025 (eighty-six days to expiry). All trades labeled as larger than prior open interest.
Total Values: Approximately $359,230 in premium paid
Strike Price: $4.00 to $5.00
Analysis: With the spot price between $4.35–$4.36, this series of call buys suggests traders are positioning for a breakout above current levels over the coming months. Size > prior open interest on multiple expiries reinforces the conviction.

Rumble (RUM)
Sentiment: Bullish
Options Activity: Long-dated calls bought for the January 15, 2027 expiry, with five hundred forty-one days to expiry. Traders targeted the $30 and $32 strikes, both significantly out-of-the-money. Most trades marked as larger than prior open interest.
Total Values: Approximately $535,845 in premium paid
Strike Price: $30 to $32
Analysis: With the spot price near $9.53, these deeply out-of-the-money positions reflect speculative bullish bets or long-dated positioning on a turnaround or explosive upside scenario over the next year and a half.

FuboTV (FUBO)
Sentiment: Bullish
Options Activity: Multiple call buys at $3.50, $5.00, and $5.50 strikes across three expirations: August 15, 2025 (twenty-three to twenty-four days to expiry) and November 21, 2025 (one hundred twenty-one days to expiry). Trades were dispersed across sweeps and block trades.
Total Values: Approximately $174,343 in premium paid
Strike Price: $3.50 to $5.50
Analysis: Spot prices ranged from $3.33 to $3.54, placing all strikes out-of-the-money. The presence of both short- and long-dated contracts indicates a mix of near-term upside speculation and longer-term positioning.

PetMed Express (PETS)
Sentiment: Bullish
Options Activity: Post-earnings call buying at the $5.00 strike for both September 19, 2025 (fifty-eight days to expiry) and December 19, 2025 (one hundred forty-nine days to expiry).
Total Values: Approximately $53,693 in premium paid
Strike Price: $5.00
Analysis: With spot prices around $3.65 to $3.72, these trades are speculative but signal upside conviction following earnings. The size and timing suggest traders are betting on a sustained move higher post-results.

Quantum-Si (QSI)
Sentiment: Bullish
Options Activity: Call buying was observed at the $1.50 and $2.00 strikes for expirations on August 8, 2025 (sixteen days to expiry) and January 15, 2027 (five hundred forty-one days to expiry). Some of the trades exceeded prior open interest.
Total Values: Approximately $173,120 in premium paid
Strike Price: $1.50 to $2.00
Analysis: With the spot price between $1.80 and $1.88, these contracts are targeting relatively modest upside. The mix of short-term and long-dated trades suggests both near-term speculation and strategic accumulation.

Icahn Enterprises (IEP)
Sentiment: Bullish
Options Activity: Repeated call buying at the $10.00 strike expiring September 19, 2025, with fifty-eight days to expiry. Several trades were labeled as multi-sweep blocks.
Total Values: Approximately $123,344 in premium paid
Strike Price: $10.00
Analysis: With the spot price around $9.46, these calls are near-the-money. The consistent interest and relatively short timeframe suggest expectations of a potential move back above the $10 level.

Lithium Americas (LAC)
Sentiment: Bullish
Options Activity: Aggressive call buying at the $4.50 and $5.00 strikes, spanning expirations on November 21, 2025 (one hundred twenty-one days to expiry) and January 16, 2026 (one hundred seventy-seven days to expiry). Multiple trades were tagged as “Size > Prior Open Interest,” signaling new bullish positioning.
Total Values: Approximately $224,440 in premium paid
Strike Price: $4.50 to $5.00
Analysis: With the spot price around $3.20, traders are targeting significant upside over the next four to six months. The consistent buying across expirations suggests growing optimism for a longer-term recovery in the stock.

Hertz Global Holdings (HTZ)
Sentiment: Bullish
Options Activity: Heavy call activity at $3.50, $8.50, and $12.50 strikes across expirations from July 25, 2025 (two days to expiry) to January 16, 2026 (one hundred seventy-seven days to expiry). Also notable was the selling of the $3.00 put for January 2026, collecting premium far below the spot.
Total Values: Approximately $857,338 in call premium paid and $48,396 in put premium collected
Strike Price: $3.50 to $12.50
Analysis: With the spot price around $8.14, short-term and long-dated bullish call positions are being built. The put selling at the $3.00 level, deep below the current spot price, reflects high confidence that the stock will remain well above that level into 2026.

Intuitive Machines (LUNR)
Sentiment: Bullish
Options Activity: Call buyers stepped in at the $25 strike for the December 19, 2025 expiration, with one hundred forty-nine days to expiry. Both trades exceeded prior open interest.
Total Values: Approximately $106,500 in premium paid
Strike Price: $25.00
Analysis: With the spot price around $13.10, this bold out-of-the-money positioning signals speculation on a strong move higher into year-end.

Canadian Solar (CSIQ)
Sentiment: Bullish
Options Activity: Call buying at the $14.50 and $17.00 strikes across August 1, 2025 (nine to ten days to expiry) and September 19, 2025 (fifty-eight days to expiry). Trades exceeded prior open interest.
Total Values: Approximately $80,393 in premium paid
Strike Price: $14.50 to $17.00
Analysis: With the spot price between $13.25 and $13.36, these contracts suggest traders are betting on a near-term bounce and upside continuation through the summer.

Lyft (LYFT)
Sentiment: Bullish
Options Activity: Steady accumulation of $17 calls expiring August 29, 2025, with thirty-seven days to expiry. All trades tagged as “Size > Prior Open Interest.”
Total Values: Approximately $328,154 in premium paid
Strike Price: $17.00
Analysis: With the stock trading near $14.70 to $15.70, traders appear to be targeting a breakout move over the next five weeks.

Teladoc Health (TDOC)
Sentiment: Bullish
Options Activity: Call buying at the $10 and $12.50 strikes for September 19, 2025 (fifty-eight days to expiry) and December 19, 2025 (one hundred forty-nine days to expiry).
Total Values: Approximately $229,051 in premium paid
Strike Price: $10.00 to $12.50
Analysis: With the spot price around $8.77 to $8.83, this positioning indicates expectations of a rebound as the stock attempts to stabilize and move higher.

Luminar Technologies (LAZR)
Sentiment: Bullish
Options Activity: Call buying across a range of strikes ($3.00 to $5.00) with expirations from August 15, 2025 (twenty-three days to expiry) to January 16, 2026 (one hundred seventy-seven days to expiry). Multiple trades labeled as new positioning.
Total Values: Approximately $156,148 in premium paid
Strike Price: $3.00 to $5.00
Analysis: Spot prices hovered between $3.56 and $3.84, and traders appear to be building bullish positions for both near-term and longer-term upside.

Vertical Aerospace (EVTL)
Sentiment: Bullish
Options Activity: Call buying at the $7.50 strike for September 19, 2025 (fifty-eight days to expiry) and January 16, 2026 (one hundred seventy-seven days to expiry). The shorter-dated position was flagged as “Size > Prior Open Interest.”
Total Values: Approximately $563,597 in premium paid
Strike Price: $7.50
Analysis: With the spot price between $6.25 and $6.36, the call buying reflects anticipation of a near-term rally, with some longer-term bets also being placed.

Tempus AI (TEM)
Sentiment: Bullish
Options Activity: Intense short-term call buying across multiple strikes ($61 to $70) for expirations on July 25, 2025 (two days to expiry) and August 1, 2025 (nine days to expiry). One trade at the $66 strike was labeled as exceeding prior open interest.
Total Values: Approximately $328,010 in premium paid
Strike Price: $61.00 to $70.00
Analysis: With spot prices in the $60.85 to $61.83 range, this flurry of call activity reflects momentum traders targeting continued breakout strength in the stock.

Microvast Holdings (MVST)
Sentiment: Bullish
Options Activity: Call buying focused on the $4.50 strike across two expirations: August 15, 2025 (twenty-three days to expiry) and September 19, 2025 (fifty-eight days to expiry). One multi-sweep was tagged as larger than prior open interest.
Total Values: Approximately $161,085 in premium paid
Strike Price: $4.50
Analysis: Spot prices near $3.60 to $3.65 place the $4.50 strike out-of-the-money, with traders eyeing near-term continuation if the recent strength holds.

iRobot (IRBT)
Sentiment: Bullish
Options Activity: Call buying at the $7.50 and $10.00 strikes, spanning August 15, 2025 (twenty-three days to expiry) and January 15, 2027 (five hundred forty-one days to expiry). The August trades were all flagged as exceeding prior open interest.
Total Values: Approximately $85,591 in premium paid
Strike Price: $7.50 to $10.00
Analysis: With the stock near $5.18 to $5.28, traders are establishing both short-term and long-term bullish positions, reflecting speculative upside interest and potential bottom-fishing after recent declines.

Hudbay Minerals (HBM)
Sentiment: Bullish
Options Activity: Call buying observed at the $10 and $12.50 strikes for October 17, 2025 (eighty-six days to expiry) and January 16, 2026 (one hundred seventy-seven days to expiry).
Total Values: Approximately $156,480 in premium paid
Strike Price: $10.00 to $12.50
Analysis: With spot prices around $10.20, the trades are targeting a breakout over the medium term. The call at $12.50 suggests optimism for a substantial upside extension into 2026.

Aspen Aerogels (ASPN)
Sentiment: Bullish
Options Activity: Heavy and broad-based call buying across multiple strikes ranging from $7.50 to $30, covering expirations from August 15, 2025 (twenty-three days to expiry) to February 20, 2026 (two hundred twelve days to expiry). Many trades flagged as “Size > Prior Open Interest.”
Total Values: Approximately $738,396 in premium paid
Strike Price: $7.50 to $30.00
Analysis: With the spot price hovering between $7.58 and $8.27, this surge in call buying signals strong bullish conviction. The wide range of strikes and expirations indicates positioning for both short-term continuation and longer-term upside.

Western Union (WU)
Sentiment: Bullish
Options Activity: Massive call buying at the $10 strike for September 19, 2025 (fifty-eight days to expiry), with all trades marked as larger than prior open interest.
Total Values: Approximately $1,101,480 in premium paid
Strike Price: $10.00
Analysis: With the spot price around $8.80, these out-of-the-money trades represent a bold bet on a breakout in the coming two months. The scale and urgency of the orders reflect conviction and accumulation.

ChargePoint (CHPT)
Sentiment: Bullish
Options Activity: Deep out-of-the-money call buying at the $0.50 strike expiring January 16, 2026 (one hundred seventy-seven days to expiry).
Total Values: Approximately $34,713 in premium paid
Strike Price: $0.50
Analysis: With the spot price near $0.66, these trades are targeting a rebound or potential speculative upside over the next six months.

Ocean Power Technologies (OPTT)
Sentiment: Bullish
Options Activity: Aggressive call buying across multiple expirations and strikes between $1.00 and $2.00. Notable size flagged as larger than prior open interest, particularly for August 15, September 19, and November 21, 2025 expirations.
Total Values: Approximately $363,217 in premium paid
Strike Price: $1.00 to $2.00
Analysis: With spot prices around $0.80 to $0.83, traders are building bullish exposure across short- and medium-term horizons, signaling high conviction in potential upside moves.

Funko (FNKO)
Sentiment: Bullish
Options Activity: Calls bought at the $5.00 and $7.50 strikes for August 15 and September 19, 2025, with twenty-three to fifty-eight days to expiry. Trades tagged as larger than prior open interest.
Total Values: Approximately $62,065 in premium paid
Strike Price: $5.00 to $7.50
Analysis: Spot price is around $5.04, and the positioning suggests confidence in a short-term upward push, with some traders betting on further gains into September.

Sleep Number (SNBR)
Sentiment: Bullish
Options Activity: Multiple call buys at $12.50 and $17.50 strikes expiring August 15 and December 19, 2025, with twenty-three to one hundred forty-nine days to expiry. All trades labeled as new positioning.
Total Values: Approximately $64,186 in premium paid
Strike Price: $12.50 to $17.50
Analysis: With the spot price around $8.57 to $9.17, traders are speculating on a major rebound in the stock over the next few months.

Community Health Systems (CYH)
Sentiment: Bullish
Options Activity: Pre-earnings call buying focused on the $5.00 strike for August 15, 2025, with twenty-three days to expiry. Several trades marked as larger than prior open interest.
Total Values: Approximately $51,828 in premium paid
Strike Price: $5.00
Analysis: With the spot price near $3.87 to $3.88, traders are betting on a strong post-earnings move or rebound in the near term.

Allogene Therapeutics (ALLO)
Sentiment: Bullish
Options Activity: Call buying occurred at the $2.00 strike across two expirations: August 15, 2025 (twenty-three days to expiry) and February 20, 2026 (two hundred twelve days to expiry). Both trades were marked as larger than prior open interest, suggesting new positioning.
Total Values: Approximately $33,840 in premium paid
Strike Price: $2.00
Analysis: With the spot price around $1.66, traders are targeting a breakout from current levels. The participation across near-term and long-term contracts indicates both short-term speculation and long-term optimism.

Bulls Acquisition Corp (BULL)
Sentiment: Bullish
Options Activity: Substantial put selling at the $15.00 strike for October 17, 2025 (eighty-six days to expiry) and July 25, 2025 (two days to expiry). Multiple trades were labeled as larger than prior open interest.
Total Values: Approximately $578,940 in premium collected
Strike Price: $15.00
Analysis: With the spot price around $17.72, selling puts significantly below the current price reflects confidence the stock will remain well above $15.00. Premium was collected while setting an effective floor at that level.

Mobileye Global (MBLY)
Sentiment: Bullish
Options Activity: Large pre-earnings call buying at the $17.00 strike expiring September 19, 2025 (fifty-eight days to expiry), flagged as a new position.
Total Values: Approximately $235,706 in premium paid
Strike Price: $17.00
Analysis: With the spot price at $16.02, this slightly out-of-the-money call buying reflects a bullish outlook heading into earnings, anticipating upward movement in the short term.

Porch Group (PRCH)
Sentiment: Bullish
Options Activity: Put selling at the $15.00 strike for the August 15, 2025 expiration, with twenty-three days to expiry.
Total Values: Approximately $133,000 in premium collected
Strike Price: $15.00
Analysis: With the spot price at $14.28, the puts are slightly above the current stock price, suggesting traders are willing to take assignment or believe the stock will hold above $15.00 in the near term.

Shake Shack (SHAK)
Sentiment: Bullish
Options Activity: Heavy call buying at the $135 and $143 strikes across expirations on August 1, 2025 (nine days to expiry) and August 15, 2025 (twenty-eight days to expiry). All trades flagged as new positions.
Total Values: Approximately $1,335,940 in premium paid
Strike Price: $135.00 to $143.00
Analysis: With the spot price around $134.80 to $138.34, this activity signals traders are anticipating a breakout continuation in the short term. The urgency and volume suggest momentum-based positioning.

Hallador Energy (HNRG)
Sentiment: Bullish
Options Activity: Call buying at the $20.00 strike for February 20, 2026 (two hundred twelve days to expiry). Both trades exceeded prior open interest.
Total Values: Approximately $215,000 in premium paid
Strike Price: $20.00
Analysis: With the spot price around $16.56 to $16.72, traders are positioning for longer-term upside with moderate out-of-the-money calls. The size of the trades suggests institutional accumulation.

Energy Vault Holdings (NRGV)
Sentiment: Bullish
Options Activity: Aggressive call buying at the $1.00 strike across two expirations: September 19, 2025 (fifty-eight days to expiry) and November 21, 2025 (one hundred twenty-one days to expiry). Multiple trades labeled as larger than prior open interest.
Total Values: Approximately $72,860 in premium paid
Strike Price: $1.00
Analysis: With the spot price between $1.08 and $1.11, traders are targeting a rebound from depressed levels. The concentration and consistency in call buying reflect strong conviction in a short- to medium-term turnaround.

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

Graybug Vision Inc (GRAY)
Buyer: Roberts Eric W (Chief Business Officer)
Shares Purchased: 1,500 (+3.1%)
Price: USD 3.78
Total Value: USD 5,663

US Insider Sales

AAR Corp (AIR)
Seller: VOGEL JENNIFER L (Non-Executive Director)
Shares Sold: 7,000 (-23.4%)
Price: USD 78.07
Total Value: USD 546,510

Choice Hotels International Inc (CHH)
Seller: Dragisich Dominic (EVP, Op & Chief Glb Brands Ofc)
Shares Sold: 2,500 (-3.5%)
Price: USD 136.45
Total Value: USD 341,125

Mcdonald’s Corp (MCD)
Seller: Erlinger Joseph M. (President, McDonald’s USA)
Shares Sold: 939 (-9.2%)
Price: USD 299.49
Total Value: USD 281,221

Webster Financial Corp (WBS)
Seller: Wang Albert Jen-Wen (Chief Accounting Officer)
Shares Sold: 3,250 (-17.1%)
Price: USD 60.31
Total Value: USD 196,008

Cytokinetics Inc (CYTK)
Seller: Malik Fady Ibraham (EVP Research & Development)
Shares Sold: 2,000 (-1.4%)
Price: USD 37.47
Total Value: USD 74,940

CDN Insider Purchases

Canaccord Genuity Group Inc (CF)
Buyer: CG Partners Limited Partnership (10% Security Holder of Issuer)
Shares Purchased: 154,400 (+1.1%)
Price: CAD 11.25
Total Value: CAD 1,736,722

Sixty Six Capital Inc (SIX)
Buyer: Keith, Robert (10% Security Holder of Issuer)
Shares Purchased: 4,354,716 (+5.7%)
Price: CAD 0.14
Total Value: CAD 609,660

Spectre Capital Corp.
Buyer: Townsend, Michael (10% Security Holder of Issuer)
Shares Purchased: 990,000 (+269.4%)
Price: CAD 0.50
Total Value: CAD 495,000

Sixty Six Capital Inc (SIX)
Buyer: Rowe, David (Director, Senior Officer of Issuer)
Shares Purchased: 1,741,892 (+1.8%)
Price: CAD 0.14
Total Value: CAD 243,865

0694758 BC Ltd
Buyer: PESTANA, DIEGO MARTIN (10% Security Holder of Issuer)
Shares Purchased: 1,975,500 (+11.4%)
Price: CAD 0.07
Total Value: CAD 128,408

Sixty Six Capital Inc (SIX)
Buyer: Irwin, Christopher (Director of Issuer)
Shares Purchased: 715,000
Price: CAD 0.14
Total Value: CAD 100,100

Sol Strategies Inc (HODL)
Buyer: Guoga, Antanas (Tony) (10% Security Holder of Issuer)
Shares Purchased: 75,000 (+0.3%)
Price: CAD 1.99
Total Value: CAD 149,355

HYLQ STRATEGY CORP.
Buyer: Guoga, Antanas (Tony) (Director, Senior Officer of Issuer)
Shares Purchased: 20,000 (+1.4%)
Price: CAD 1.63
Total Value: CAD 32,584

Source Rock Royalties Ltd (SRR)
Buyer: McMurren, Gary Patrick (Director of Issuer)
Shares Purchased: 35,500 (+53.0%)
Price: CAD 0.85
Total Value: CAD 30,147

Guru Organic Energy Corp (GURU)
Buyer: Charbonneau, Patrick (Senior Officer of Issuer)
Shares Purchased: 24,700 (+14.1%)
Price: CAD 1.94
Total Value: CAD 47,918

Greenland Resources Inc (MOLY)
Buyer: Shiffman, Ruben (10% Security Holder, Director, Senior Officer of Issuer)
Shares Purchased: 10,800 (+0.2%)
Price: CAD 1.75
Total Value: CAD 18,900

Greenland Resources Inc (MOLY)
Buyer: Shiffman, Ruben (10% Security Holder, Director, Senior Officer of Issuer)
Shares Purchased: 6,300 (+0.1%)
Price: CAD 1.75
Total Value: CAD 11,025

FPX Nickel Corp. (formerly First Point Minerals Corp.)
Buyer: Bekhuys, Timothy (Senior Officer of Issuer)
Shares Purchased: 25,000
Price: CAD 0.26
Total Value: CAD 6,375

FPX Nickel Corp. (formerly First Point Minerals Corp.)
Buyer: Turenne, Martin Emery Joseph (Senior Officer of Issuer)
Shares Purchased: 21,500 (+0.6%)
Price: CAD 0.25
Total Value: CAD 5,375

Vior Inc (VIO)
Buyer: Savard, Mathieu (Director, Senior Officer of Issuer)
Shares Purchased: 124,000 (+3.2%)
Price: CAD 0.12
Total Value: CAD 14,260

Vior Inc (VIO)
Buyer: Savard, Mathieu (Director, Senior Officer of Issuer)
Shares Purchased: 110,000 (+2.9%)
Price: CAD 0.12
Total Value: CAD 12,650

Lexston Mining Corporation formerly Lexston Life Sciences Corp
Buyer: Bal, Jagdip (Director, Senior Officer of Issuer)
Shares Purchased: 120,000 (+22222.2%)
Price: CAD 0.09
Total Value: CAD 10,200

West Red Lake Gold Mines Ltd (WRLG)
Buyer: Williams, Shane (Senior Officer of Issuer)
Shares Purchased: 30,000 (+1.9%)
Price: CAD 0.82
Total Value: CAD 24,600

CDN Insider Sales

Aritzia Inc (ATZ)
Seller: Wong, Jennifer (Director, Senior Officer of Issuer)
Shares Sold: 30,000 (-20.5%)
Price: CAD 75.00
Total Value: CAD 2,250,000

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 30,000 (-2.0%)
Price: USD 6.60
Total Value: USD 198,066

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 33,000 (-2.3%)
Price: USD 6.63
Total Value: USD 218,790

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 37,000 (-2.6%)
Price: USD 6.64
Total Value: USD 245,680

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 20,000 (-1.4%)
Price: USD 6.62
Total Value: USD 132,400

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 15,000 (-1.1%)
Price: USD 6.67
Total Value: USD 100,050

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 15,000 (-1.1%)
Price: USD 6.65
Total Value: USD 99,750

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 10,000 (-0.8%)
Price: USD 6.76
Total Value: USD 67,600

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 10,000 (-0.8%)
Price: USD 6.70
Total Value: USD 67,000

Fortuna Mining Corp (FVI)
Seller: Ganoza Durant, Jorge A. (Director of Issuer)
Shares Sold: 10,000 (-0.8%)
Price: USD 6.68
Total Value: USD 66,800

Inverite Insights Inc (INVR)
Seller: Scharfe, Bradley Nixon (10% Security Holder of Issuer)
Shares Sold: 215,000 (-3.6%)
Price: CAD 0.28
Total Value: CAD 60,200

NamSys Inc.
Seller: Sparks, The Estate of Kenneth Barry (Director, Senior Officer of Issuer)
Shares Sold: 33,700 (-0.4%)
Price: CAD 1.54
Total Value: CAD 51,915

NevGold Corp (NAU)
Seller: GoldMining Inc. (10% Security Holder of Issuer)
Shares Sold: 28,200 (-0.1%)
Price: CAD 0.34
Total Value: CAD 9,667

Credissential Inc (WHIP)
Seller: Robson, Colin (Director of Issuer)
Shares Sold: 300,000 (-78.1%)
Price: CAD 0.02
Total Value: CAD 4,500

0694758 BC Ltd
Seller: PESTANA, DIEGO MARTIN (10% Security Holder of Issuer)
Shares Sold: 1,975,500
Price: CAD 0.07
Total Value: CAD 128,408

Institutional Spotlight: Tracking Notable Accumulation in Undervalued Names

Horizon Kinetics Steps Up Exposure Across Multiple Sectors

Horizon Kinetics Asset Management LLC, led by Murray Stahl, has significantly expanded its footprint in a range of niche and often underfollowed equities, with multiple new disclosures filed on July 23, 2025. Among the most notable positions is a **23.60% ownership stake in **L Brands (LB), totaling 5,498,925 shares, a size that positions Horizon Kinetics as a defining shareholder in the name. This high-conviction bet reflects strong confidence in the company’s long-term prospects.

Stahl’s firm also revealed a series of fresh filings showing consistent accumulation across names such as **Aris Water Solutions (ARIS) with 2,095,604 shares (6.40% ownership), **Tejon Ranch (TRC) with 1,647,497 shares (6.10% ownership), and **San Juan Basin Royalty Trust (SJT) where Horizon holds 4,594,502 shares, representing 9.90% ownership. Each of these positions crosses the 5% reporting threshold, signaling active strategic positioning rather than passive index inclusion.

Perhaps most notable is the firm’s stake in **Hawaiian Electric (HE), totaling 16,281,709 shares, or 9.40% ownership. This sizable position suggests a long-term commitment amid ongoing structural and regulatory developments within the utility sector, reinforcing Horizon’s contrarian style and deep value approach.

• LB – 5,498,925 shares (23.60% ownership)

• ARIS – 2,095,604 shares (6.40% ownership)

• TRC – 1,647,497 shares (6.10% ownership)

• SJT – 4,594,502 shares (9.90% ownership)

• HE – 16,281,709 shares (9.40% ownership)

Integrated Core Strategies Signals Confidence in CMA

Integrated Core Strategies (US) LLC, led by Israel Englander, disclosed ownership of 8,683,143 shares of **Comerica Incorporated (CMA), representing 6.60% ownership. The July 23 filing points to a newly reported accumulation, adding a traditional financial name to Englander’s typically event-driven portfolio. The scale of the position underscores potential confidence in the regional banking space’s recovery trajectory, particularly amid improving sentiment around interest rate stability and credit quality.

• CMA – 8,683,143 shares (6.60% ownership)

First Trust Portfolios Adds Size Across Structured Funds

First Trust Portfolios LP made waves with a suite of filings on July 23, 2025, revealing concentrated ownership in a range of monthly income and calendar-tied ETFs. The most commanding position is in **First Trust Nasdaq BuyWrite Income ETF (FTQI), where First Trust holds 17,632,528 shares, translating to a 55.10% ownership stake. This dominant position gives the firm substantial influence over the fund’s direction.

Additional stakes include **First Trust November ETF (FNOV) with 12,194,520 shares (64.52% ownership), and First Trust Calendar ETFs such as FTCB (12.74%), GFEB (12.40%), GJAN (11.78%), and GJUL (14.69%). These positions highlight First Trust’s broad-based approach to managing duration and income via calendar-based products, suggesting institutional demand for structured yield in a range-bound equity environment.

• HYT – 8,076,731 shares (5.05% ownership)

• GSEP – 1,237,513 shares (21.43% ownership)

• GOCT – 1,242,325 shares (19.96% ownership)

• GNOV – 1,244,108 shares (16.59% ownership)

• GMAY – 1,156,814 shares (14.19% ownership)

• GJUL – 1,182,281 shares (14.69% ownership)

• GJAN – 1,133,666 shares (11.78% ownership)

• GFEB – 1,162,555 shares (12.40% ownership)

• FTQI – 17,632,528 shares (55.10% ownership)

• FTCB – 6,904,788 shares (12.74% ownership)

• FRA – 1,899,169 shares (5.37% ownership)

• FNOV – 12,194,520 shares (64.52% ownership)

Phoenix Holdings Eyes Growth in Digital Advertising

Phoenix Holdings Ltd disclosed a new position in **Perion Network (PERI) with 2,591,927 shares, amounting to 5.76% ownership. This filing suggests growing institutional interest in the digital advertising and AI-enabled adtech space, especially as PERI continues to expand its programmatic footprint and develop AI-enhanced creative automation. The stake reflects Phoenix’s calculated entry into high-growth tech verticals outside the U.S. mainstream radar.

• PERI – 2,591,927 shares (5.76% ownership)

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 – 2025-07-19

LMFA, CELU, KSCP, MFH, SOC, INVZ, CMPS, SLDB, APLD, ASPI, EVTL, IBKR, ETON, MVST, SMR, STOK, FUTU, CDTX, CRC, LEU, ELF, VST, DELL, INDB, SMTC, MP, SNWV, CRGO, CMA, JVA, GENI, BSVN, CEG, FRHC, ENTA, ALAB, LASR, LIF, NEOV, HOOD, KINS, RDDT, NEXT, RIOT, LPLA, CYD, BTX, IONQ, PRCH, HOMB, TWLO, OKTA, INBX, ROOT, AMSC, TSLA, MEHCQ, FROG, ATRA, SENS, NRG, MRUS, XYZ, SCHW, PINS, BE, CRML, ATNF, HNRG, OKLO, TLSA, PCT, TDUP, SNOW, BABA, BILI, NNVC, AZ, COGT, TAC, GNRC, PAYC, PBI, ETR, WMB, MCB, FUNC, PLNT, VEEV, TIGO, WRBY, DBB, CNP, RDWR, RBLX, PEG, DTE, DTM, AM, GHRS, DLTR, AZO, DASH, EBAY, FIGS, GRAB, RS, COMM, RDW, ADSK, TPZ, STX, TRV, EXPE, VVOS, EVRG, VIK, CART, WEC, COOP, BOKF, DD, WDC, FXU, ONC, FFIN, LNT, VRNS, LI, IBM, AES, RBRK, APH, CALX, HPE, SOUN, FSLR, WBS, INTC, DDOG, LUNR, PRIM, SWX, IMNM, TPR, PCOR, LTBR, BURL, EYPT, WFC, COUR, GE, BL, EME, UAL, TATT, SIG, CPNG, NBXG, BMEZ, EXC, XEL, PPL, NEE, VLO.

Canadian Institutional Momentum Watchlist

EXPORT – CDN – Institutional – 2025-07-21

CURA.TO, GAU.TO, DPRO.CA, MTA.V, NG.TO, USA.TO, CG.TO, BITF.TO, PTK.V, FVI.TO, GOLD.TO, OLA.TO, GTII.CA, MOGO.TO, CGY.TO, PAAS.TO, WRN.TO, SEA.TO, AG.TO, TRX.TO, IMG.TO, K.TO, KNT.TO, BLDP.TO, MAG.TO, OGC.TO, EDV.TO, SVM.TO, ARIS.TO, ELD.TO, WPM.TO, AAUC.TO, DPM.TO, LAR.TO, NFG.V, VNP.TO, ITR.V, ABX.TO, EQX.TO, DRX.TO, GGD.TO, GLO.TO, MND.TO, CJT.TO, GLXY.TO, EDR.TO, ARTG.V, EMX.V, TXG.TO, BLX.TO, CS.TO, TFPM.TO, ATD.TO, CRON.TO, NEO.TO, ELVA.TO, CLS.TO, ODV.V, SGD.V, SKE.TO, CAE.TO, URE.TO, AQN.TO, FTS.TO, FM.TO, BDI.TO, OR.TO, FURY.TO, NPI.TO, LIF.TO, LSPD.TO, TOY.TO, DNG.TO, BDT.TO, SSL.TO, GOOS.TO, CIGI.TO, URC.TO, MRE.TO, EQB.TO, IGM.TO, RCI/B.TO, LNR.TO, SAP.TO, PTM.TO, FSV.TO, ASM.TO, REI/UN.TO, TVE.TO, KMP/UN.TO, T.TO, TD.TO, LUN.TO, EMP/A.TO, EMA.TO, TOT.TO, BBD/B.TO, DCBO.TO, CAS.TO, ATRL.TO, ARG.TO, GRT/UN.TO, EFX.TO, ACO/X.TO, BMO.TO, BNS.TO, MI/UN.TO, CU.TO, MG.TO, CVE.TO, BEI/UN.TO, CJ.TO, NFI.TO, CRR/UN.TO, CEU.TO, PZA.TO, GWO.TO, SRU/UN.TO, X.TO, RY.TO, TF.TO, RUS.TO, INE.TO, CIX.TO, EFN.TO, CM.TO, MDA.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!