Today's trade was crowdsourced in the All Star Options Telegram chat. Thanks to those of you who brainstormed with me.

As you know, I'm on the hunt for rangebound instruments to sell delta-neutral premiums in. The problem is -- it's getting harder to find charts that check all the boxes. I find myself having to make compromises. I can either find good premiums (often at the risk of an earnings event on the horizon), or I can find a stock in a good range. But it's getting harder to find both.

We had a resting GTC order filled at our profit target in the Paid-to-Play portfolio today:

We've adjusted a position in the Paid-to-Play portfolio today:

From the Desk of Steve Strazza @Sstrazza and Alfonso Depablos @AlfCharts

Welcome to The Junior International Hall of Famers.

With the goal of finding more bullish setups, we have decided to expand one of our favorite scans and broaden our regular coverage of the largest US-listed international stocks, or ADRs.

This scan is composed of the next 100 largest stocks by market cap, those that come after the top 100 and are thus covered by the International Hall of Famers universe.

Many of these names will someday graduate and join our original International Hall Of Famers list. The idea here is to catch these big trends as early on as possible.

Let's dive right in and check out what these future big boys are up to.

This is our Junior International Hall of Famers list:

Click table to enlarge view

The largest insider transaction on today’s list comes in a Form 4 filed by Sanford Robertson, director of Cassava Sciences $SAVA.

Robertson reported a purchase of SAVA shares in the amount of $523,500.

From the Desk of Kimmy Sokoloff

Happy Friday!

We can expect some volatility today, starting pretty early, due to Jerome Powell speaking at the Fed Symposium in Jackson Hole.

If the market likes what the Fed Chair has to say, $SPY could push above 440.20. If not, we can potentially see 432.

Might be hard to get movement early this morning.

The most important groups of stocks are stuck below overhead supply.

That's not usually a characteristic of strong uptrends where investors are consistently rewarded for owning stocks. That was the first half of this year.

Today, it's almost the exact opposite.

In this type of environment, investors are rewarded for selling volatility and collecting income. Investors also tend to be rewarded for avoiding these types of sectors and looking for opportunities elsewhere, in less correlated areas.

Here are 4 of the most important groups of stocks all stuck below their prior cycle's peaks:

From the Desk of Kimmy Sokoloff

It was a steady decline most of the day.

We hit resistance on the indices, and they all reversed.

We had a resting GTC order filled at our profit target in the Paid-to-Play portfolio today:

The next new position in our Paid-to-Play portfolio is:

We had a resting GTC order filled in the Paid-to-Play portfolio yesterday:

The largest insider transaction on today’s list comes in a Form 4 filed by Sylebra Capital Ltd.

The hedge fund reported an additional purchase of $2.8 million in Impinj $PI.