ARKF max pain for the Oct 16, 2026 expiry is $40. The last price, $46.50, is 16.3% above it. Call wall $50 · put floor $46.
What the institutional money is doing on ARKF right now — dark pool, options positioning, and where the news and the money disagree. Free.
The money right now
Dark pool share
43.6% (market avg 49%)
Dark pool volume vs its norm
0.9×
Short share of that
39.0% (norm 42%)
Dark pool share: 43.6% off-exchange — a normal session
Off-exchange prints never touch the public book, so they move size without moving the quote. That is the point of using them. Both the share and the size sat inside this name's usual range. Nothing unusual to read that day.
Source: FINRA · Mon 10/5 close
What it means: ARKF shows a call-heavy options stance with standing positions favoring upside, but no new positioning data is available to confirm whether smart money is actively building or holding. Dark-pool activity is subdued relative to the fund's own norm, suggesting institutional sizing is quiet.
News vs the money
Trump and Cathie Wood Are Buying the Same 32 Stocks—Here's the Overlap
Options positioning leans bullish (more calls than puts), but no new money flow data exists to show whether institutions are actively accumulating or simply holding existing long bets.
Benzinga · 09/29
⚡ DIVERGENCECathie Wood's 13.8% Annual Return Since 2014 Barely Beats the S&P 500—Can She Deliver on Her 2030 Promises?
Options remain call-heavy, but with no fresh positioning data, the market is not signaling conviction that Wood's 2030 thesis is attracting new smart-money bets right now.
Fool - Investing News · 09/06
Cathie Wood Is Loading Up on Crypto Stocks at Bargain Prices—Coinbase and Circle Are Her Picks
Call-heavy options lean matches Wood's bullish stance on crypto, yet the absence of new open-interest data means we cannot confirm whether other institutions are joining her accumulation.
Fool - Investing News · 08/31
Robinhood Jumps 7%, Webull Climbs 4% as Day-Trading Rule Repeal Sparks Retail Crypto Surge
Options positioning remains call-heavy, consistent with a bullish catalyst, but no new positioning data confirms whether institutions are front-running or already positioned ahead of the rule change.
24/7 Wall Street · 08/25
Webull Climbs 7% Ahead of Q2 Earnings; Robinhood Gains 7% on Tokenization Push as Bitcoin Surges
Call-heavy options align with the day's bullish sentiment, but without fresh open-interest data, we cannot tell if smart money is adding to positions or if the rally is driven by retail flow alone.
24/7 Wall Street · 08/19
What is a “divergence”?
A divergence is when the news narrative and the institutional money flow point in opposite directions — a bearish headline while large call premium is bought, or heavy dark-pool selling under a bullish story. It signals the crowd and the desks may disagree.
How to read these numbers
Dark-pool volume — The share of trading executed off-exchange, at wholesalers and dark pools. About half of all US share volume prints there on an ordinary day, so the level by itself says almost nothing. What carries information is the distance from this name’s own recent norm, and whether the off-exchange size ran above its usual.
Off-exchange short share — How much of that off-exchange volume was sold short. The median across all listed names is about 49%, because wholesalers filling retail buy orders sell short and cover later. A reading near half is plumbing, not a bearish vote — compare it to the same name’s own 20-day norm.
Max pain — The price where the most options expire worthless — positioning often gravitates toward it near expiry.
Call wall / Put floor — Strikes with the heaviest call/put open interest — they often act as short-term resistance and support.
Put/Call ratio — Below ~0.7 leans bullish (more calls); above ~1 leans defensive (more puts).