Latest Research
Defensive Pharma Supplier Forming High Tight Bull Flag
Cencora (COR) shares of the pharma products supplier formerly known as AmerisourceBergen before a name change are continuing to show outstanding relative strength as a defensive value name and has stayed above its rising 21 EMA the past few months during market chaos....
Big Bulls Position for Stronger Offshore Drilling Market
Noble (NE) has seen massive options positioning recently which is very unusual for the small-cap driller. NE has seen January $22.50 calls bought 10,000X in early April valued at $3.2M currently, the January 2027 $17.5 puts sold to open 9000X, January 2027 $30 calls...
Small Cap Star: Water Infrastructure Provider Mueller
Mueller (MWA) a quality small cap with shares holding strong with a recent 200MA bounce and up 11.2% YTD. MWA on 4/14 saw a rare options trade as 1675 August $25 calls bought to open, a $450K position currently. MWA has stood out for a long time versus peers for its...
Unusual Calls Bought in Specialty Minerals Producer for Possible Buyout
Compass Minerals (CMP) unusual activity recently with 4/8 and 4/9 buyers of 12,250 December $15 calls, a $2M position now having gained nicely already from entry. CMP shares flipped to positive YTD last week and broke out of a multi-month downtrend and clearing a key...
Bullish Positioning in Small Cap Air Lessor
Air Lease (AL) is worth a closer look given recent options position with 1900 August $45 puts sold to open, 3000 August $50 calls bought and 2950 August $55 calls bought, positioning for upside over the next four months. AL shares are down 12% YTD but holding near the...
Call Buy Expects Rebound for Consulting Leader
FTI Consulting (FCN) unusual trade 3/27 as 1200 May $170 calls bought for $725,000 and continue to hold with the contracts up around 15%. FCN shares are -13.5% YTD with a 38.2% retracement of the big run from 2017 to 2024. FCN shares look to be basing and above $169.5...
FinTech Sees Bullish Options Positioning
Q2 (QTWO) back to interesting levels with the correction, testing its 200-week EMA a 50% retracement and staying above AVWAP from the 2023 low. QTWO has 1150 May $75 short puts in open interest from a 1/6 trade that are underwater but still plenty of potential to...
Near-Term Biotech Catalyst Watch in CG Oncology
CG Oncology (CGON) with an unusual bull trade on 4/15 as 2000 May $22.5 calls bought to open $2.15 to $2.65 sending IV higher and accounting for the only notable open interest in the name. CGON came public in 2024 and recently traded to a fresh low with shares -28%...
Put Sales Show Confidence in Small Biotech with T Cell Engagers
Culligan (CGEM) interesting action recently with 10,000 July $7.50 puts sold to open in a small Biotech trading $7.89, which tends to be a positive indication. CGEM shares are trading near record lows down 35% in 2025 though showing some bullish RSIU divergence into...
Small Biotech Attracts 10,000 Calls Bought for 2025 Catalysts
Arcus (RCUS) has recently seen 10,000 December $10 calls buy to open valued currently near $1.9M with shares down 47% YTD and the $835M Biotech trading 3.2X Sales and 0.85X Cash. RCUS is back to levels last seen in 2019 near an all-time low and short interest near 8%...