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.
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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
Coca-Cola (KO)
Sentiment: Bullish
Options Activity: Multi-sweep purchase of 1,544 call contracts expiring in May 2025
Total Values: $310,470 in premiums paid
Strike Price: $60
Expectations: Potential for upside movement with a target price above the current spot price of $70.52
Market View: Positive sentiment towards Coca-Cola’s long-term growth prospects
GEO Group (GEO)
Sentiment: Bullish
Options Activity: Box-split purchase of 28,391 call contracts expiring in January 2025
Total Values: $173,865 in premiums paid
Strike Price: $22
Expectations: Anticipation of continued growth with a sharp increase in spot price from $15.22
Market View: Traders are positioning for a significant upward move over the next year.
Cisco Systems (CSCO)
Sentiment: Bullish
Options Activity: Multi-sweep purchase of 123 call contracts expiring in March 2025
Total Values: $349,391 in premiums paid
Strike Price: $62.50
Expectations: Cisco may be poised for a breakout above its current price of $56.35
Market View: Long-term bullish sentiment supported by increasing open interest.
Nvidia (NVDA)
Sentiment: Mixed
Options Activity: Combination of multi-sweep trades involving both puts and calls for 13,491 contracts expiring in December 2025
Total Values: $2,184,000 in premiums paid for put options, signaling hedging activity
Strike Price: $120
Expectations: Volatility expected in both directions; hedging suggests caution
Market View: Market participants are preparing for potential downside while still recognizing Nvidia’s strong growth potential.
Tesla (TSLA)
Sentiment: Bullish
Options Activity: Sale of 2,893 put contracts expiring in April 2025
Total Values: $1,991,600 in premiums received
Strike Price: $200
Expectations: Selling put options reflects confidence that Tesla’s price will remain above $200
Market View: Positive sentiment towards Tesla’s ability to maintain its valuation in the near term.
Amazon (AMZN)
Sentiment: Bullish
Options Activity: Multi-sweep purchase of call contracts expiring in January 2025
Total Values: $1,834,100 in premiums paid
Strike Price: $100
Expectations: Anticipation of strong performance with a potential for price increase beyond $135.57
Market View: Positive momentum continues as traders bet on Amazon’s sustained growth.
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
Camp4 Therapeutics Corp (CAMP)
Buyer: Andrew J. Schwab (Non-Executive Director, Large Shareholder)
Shares Purchased: 909,090 (+53.0%)
Price: USD 11.00
Total Value: USD 9,999,990
Camp4 Therapeutics Corp (CAMP)
Buyer: Polaris Management Co. VII, L.L.C. (Large Shareholder)
Shares Purchased: 909,090 (+inf%)
Price: USD 11.00
Total Value: USD 9,999,990
Ceribell, Inc. (CBLL)
Buyer: Juliet Tammenoms Bakker (Non-Executive Director)
Shares Purchased: 237,234 (+10.6%)
Price: USD 17.00
Total Value: USD 4,032,978
Lions Gate Entertainment Corp (LGF.A)
Buyer: Liberty 77 Capital L.P. (10% Security Holder)
Shares Purchased: 310,436 (+9.0%)
Price: USD 6.73
Total Value: USD 2,090,538
Lions Gate Entertainment Corp (LGF.A)
Buyer: Liberty 77 Fund International L.P. (10% Security Holder)
Shares Purchased: 243,184 (+9.0%)
Price: USD 6.73
Total Value: USD 1,637,650
Tile Shop Holdings Inc (TTSH)
Buyer: Fund 1 Investments, LLC (Large Shareholder)
Shares Purchased: 8,500 (+0.1%)
Price: USD 6.66
Total Value: USD 56,605
US Insider Sales
Toll Brothers Inc (TOL)
Seller: Douglas C. Yearley Jr. (Chief Executive Officer)
Shares Sold: 25,000 (-10.1%)
Price: USD 158.23
Total Value: USD 3,955,635
Chewy Inc (CHWY)
Seller: Argos Holdings GP LLC (Large Shareholder)
Shares Sold: 1,250,000 (-100.0%)
Price: USD 29.40
Total Value: USD 36,750,000
Atlassian Corp (TEAM)
Seller: Michael Cannon-Brookes (CEO, Co-Founder, Large Shareholder)
Shares Sold: 3,132 (-0.7%)
Price: USD 190.94
Total Value: USD 598,032
Snap-On Inc (SNA)
Seller: Iain Boyd (VP – Operations Development)
Shares Sold: 4,783 (-28.9%)
Price: USD 298.76
Total Value: USD 1,428,957
Verisk Analytics Inc (VRSK)
Seller: Elizabeth Mann (Chief Financial Officer)
Shares Sold: 200 (-1.2%)
Price: USD 271.33
Total Value: USD 54,266
CDN Insider Purchases
Flying Nickel Mining Corp (FLYN)
Buyer: John Lee (Director and Senior Officer)
Shares Purchased: 1,700,000 (+40.1%)
Price: CAD 0.05
Total Value: CAD 85,000
Cerro De Pasco Resources Inc (CDPR)
Buyer: Eric Sprott (10% Security Holder)
Shares Purchased: 750,000 (+1.2%)
Price: CAD 0.18
Total Value: CAD 134,325
Cerro De Pasco Resources Inc (CDPR)
Buyer: 2176423 Ontario Ltd. (10% Security Holder)
Shares Purchased: 750,000 (+1.2%)
Price: CAD 0.18
Total Value: CAD 134,325
Crombie Real Estate Investment Trust (CRR.UN)
Buyer: Empire Company Limited (10% Security Holder)
Shares Purchased: 91,203 (+0.1%)
Price: CAD 14.71
Total Value: CAD 1,342,043
CDN Insider Sales
Lumina Gold Corp (LUM)
Seller: Lyle Braaten (Director)
Shares Sold: 143,000 (-2.6%)
Price: CAD 0.58
Total Value: CAD 82,940
Flying Nickel Mining Corp (FLYN)
Seller: John Lee (Director and Senior Officer)
Shares Sold: 600,000 (-12.4%)
Price: CAD 0.05
Total Value: CAD 29,400
Sylogist Ltd (SYZ)
Seller: Taylor Gray (Director)
Shares Sold: 10,000 (-73.5%)
Price: CAD 10.81
Total Value: CAD 108,100
Globex Mining Enterprise Inc (GMX)
Seller: Ian Atkinson (Director)
Shares Sold: 5,300 (-5.9%)
Price: CAD 1.05
Total Value: CAD 5,565
Institutional Spotlight: Citadel Advisors Takes Significant Stake in FVR
In tonight’s institutional spotlight, Citadel Advisors LLC, led by Kenneth Griffin, has disclosed a significant position in FrontView REIT (FVR), acquiring 850,023 shares, which represents a 5.70% ownership stake as of October 10, 2024. This sizable investment signals strong confidence from one of the world’s most prominent hedge funds. Given Citadel’s reputation for thorough analysis and strategic investments, this move underscores the growing institutional interest in FVR, especially considering that Griffin’s firm rarely takes such notable positions lightly.
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
AAPL, ACGL, ACLX, AEYE, AGX, AMP, ANET, AOSL, APO, APP, ARES, ARIS, ATMU, AVGO, BABA, BCYC, BDC, BK, BKNG, BKU, BLCO, BLK, BLND, BOKF, BSX, BTO, BV, BWIN, BX, BXP, CACI, CARG, CARR, CART, CAVA, CBU, CCL, CDE, CDNA, CDRE, CEG, CFG, CHKP, CHRW, CIM, CLM, CMA, CMI, CNK, CNTA, COHR, COMP, COOP, CORZ, CPNG, CRDO, CRS, CRVL, CSWI, CVNA, CW, CWAN, DASH, DOCU, DORM, DTM, DY, EBC, ELDN, ELVN, ENVA, EOLS, EQH, ERAS, ETR, EWTX, EXPO, FCF, FCNCA, FFIN, FFIV, FINV, FIP, FIS, FIX, FRHC, FRPT, FTNT, FUTU, GCI, GDOT, GE, GLW, GMED, GRND, GWRE, HAS, HCP, HD, HIW, HL, HPE, HPF, HPQ, HTLF, IBKR, IESC, INOD, INSG, INSM, IP, ITT, JCI, JD, JHG, JPM, KGS, KKR, KNSA, KTOS, LAZ, LDOS, LLY, LMB, LMT, LOCO, LYV, MAMA, MELI, META, MITT, MMM, MNDY, MNKD, MOD, MREO, MRUS, MSI, MTSI, MTZ, MWA, NMIH, NOW, NRG, NRIM, NRIX, NTRA, NVDA, NWBI, OCUL, ORCL, OUT, OWL, PCT, PFD, PFS, PGR, PI, PIPR, PLTR, PLXS, POWL, PRIM, PSN, PTGX, PYPL, QNST, QTWO, RDW, RDWR, REVG, RNA, ROAD, RSI, RTX, RVMD, RZLT, SAP, SE, SFM, SFNC, SGHC, SLVM, SMR, SMTC, SPG, SPGI, SPOT, SPXC, SSNC, STEP, STRL, SWI, TDG, TGLS, TPC, TRU, TSM, TT, TTD, TTEK, TYL, UBER, UNH, USM, UTHR, VCTR, VERX, VRNS, VST, WAB, WGS, WIX, WLFC, WMT, WOOF, WVE, WYY, YOU, YPF, ZBRA, ZETA, ZWS
Canadian Institutional Momentum Watchlist
EXPORT – CDN – Institutional Momentum Watchlist
AAUC.TO, ACB.TO, ACO/X.TO, AD/UN.TO, ADEN.TO, AEP.V, AFN.TO, AGF/B.TO, AGI.TO, AIF.TO, ALA.TO, ALYA.TO, ARE.TO, ARTG.V, ATH.TO, ATRL.TO, BAM.TO, BB.TO, BDGI.TO, BEPC.TO, BMO.TO, BN.TO, BNS.TO, BTO.TO, CAE.TO, CAS.TO, CCA.TO, CCO.TO, CEF.TO, CEU.TO, CFP.TO, CG.TO, CGY.TO, CIGI.TO, CIX.TO, CJ.TO, CLS.TO, CM.TO, CMG.TO, CNQ.TO, CP.TO, CPX.TO, CRON.TO, CTC/A.TO, CTS.TO, CU.TO, CURA.TO, CWB.TO, CXB.TO, DBM.TO, DFY.TO, DML.TO, DNTL.TO, DOL.TO, DR.TO, DSG.TO, ECN.TO, EDV.TO, EFN.TO, EFX.TO, ELD.TO, EMP/A.TO, ENB.TO, EQB.TO, EQX.TO, ERO.TO, ET.TO, FC.TO, FFH.TO, FIL.TO, FM.TO, FN.TO, FNV.TO, FRU.TO, FSV.TO, FSZ.TO, FTT.TO, FURY.TO, GEI.TO, GFL.TO, GLXY.TO, GOLD.TO, GWO.TO, HBM.TO, HITI.V, IAG.TO, IAU.TO, IFC.TO, IFP.TO, IGM.TO, ITH.TO, L.TO, LAAC.TO, LAC.TO, LB.TO, LGO.TO, LIF.TO, LUC.TO, LUN.TO, MDA.TO, MFC.TO, MRE.TO, MTL.TO, NA.TO, NEO.TO, NFI.TO, NGD.TO, NOA.TO, NVA.TO, NVEI.TO, NWC.TO, NXE.TO, NXR/UN.TO, OGC.TO, OGI.TO, OLA.TO, OR.TO, PBH.TO, PET.TO, PHX.TO, PIF.TO, PKI.TO, PNE.TO, POW.TO, PPL.TO, PRL.TO, PRMW.TO, PZA.TO, QBR/B.TO, QTRH.TO, RUS.TO, RY.TO, SES.TO, SIA.TO, SLF.TO, SSL.TO, SSRM.TO, STN.TO, SVM.TO, T.TO, TA.TO, TF.TO, TFPM.TO, TIH.TO, TOT.TO, TOU.TO, TOY.TO, TPZ.TO, TRI.TO, TRP.TO, TVE.TO, TVK.TO, TXG.TO, URC.TO, VET.TO, WFG.TO, WJX.TO, WN.TO, WPK.TO, WSP.TO, WTE.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!