Small Cap Research
Small Cap Oil Value Seeing Unusual OTM Call Buying
Civitas Resources (CIVI) this week is seeing unusual call accumulation out in the July expiration with 2500 of the $65 calls and 700 of the $60 calls bought, OTM action. CIVI shares have risen 14% over the last month with the Energy resurgence and a potential 38.2%...
A Transformed Business Providing Power Capacity for Data Centers
Solaris (SEI) a small cap with one of the nicer set-ups and quietly trading up near record highs in the Energy space. SEI had unusual February $30 calls bought 1500X on 12-10 which adjusted $20 calls that remain in open interest. SEI moved strong yesterday but remains...
Small Cap Building Products Name Sees Unusual Call Buyer
Small Cap Options Flow Installed Building Products (IBP) is a small cap household durables name that rarely sees options action but on Tuesday saw an unusual buyer of 750 Feb $190 calls at $9.50 to $10.20 for about $750K in premium looking for a rebound from the...
A Differentiated Upstream Energy Small Cap
Northern Oil and Gas (NOG) on 1/14 traded over 5200 calls which is 20X daily average with 1000 June $42 calls bought and 2500 June $45 calls bought. NOG also traded another 1000 March $42 calls where 2000 have been bought recently. NOG has formed a monthly flag...
A Compelling Value in Food Equipment Attracts Size Call Buys
Middleby (MIDD) now has an $8.5M position in July $130 calls with 2000 bought on 1/13 adding to sporadic buyers in October/November. MIDD shares have been working in the $139/$145 zone since July and not a name that trades a lot of option contracts. MIDD’s 8-week EMA...
Work Management Platform Sees Call Buyers Position for Continuation
Small Cap Options Flow Asana (ASAN) is a small cap software name that surged higher on its report last month and has pulled back to support now into the rising 55 day MA near 18.50 and near the gap up open level it launched from on earnings last month and seeing a...
Small Cap Fintech Lender Targets Large Opportunity of the Underserved
OppFi (OPFI) shares are off to a hot start in 2025 as a name that screened as a top micro-cap, shares +21% YTD already and +112% over the past year. OppFi is a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend...
Data Center Pick and Shovels Play Positioned for Strong Multi-Year Growth
Applied Optoelectronics (AAOI) has been a hot momentum name gaining 240% over the last six months and with recent market weakness pulled back to test the rising 55-MA last week. AAOI is at an interesting spot as a large position of 4000 March $35 short puts remains in...
Bull Risk Reversal Positions for Upside in Social Impact Software Company
Blackbaud (BLKB) is a small cap that recently saw 2000 March $80/$70 bull risk reversals open near $1.80 net debit, the only notable open interest in the name. BLKB shares are -8.5% over the last year and recently dipped to a major long-term VPOC, the 200-week EMA and...
Call Spreads See Upside in Small Cap Mobility Technology Company
Verra Mobility (VRRM) with an unusual trade on 1/3 as 2400 July $20/$30 call spreads bought for $5.25, looking for a move over $30 to make $1.14M on the trade. VRRM has no other notable open interest. VRRM shares are +16% over the past year but have sold off from...