What the institutional money is doing on CWST right now — dark pool, options positioning, and where the news and the money disagree. Free.
This is a general comparison with no new money move attached, and the off-exchange data shows a short share of about 75% against a norm of about 62%, a mild signal that is not clearly bullish or bearish.
The news is positive, but the money data shows no new call buying and off-exchange volume below normal, so the market is not visibly reacting to it.
The report is a routine positive update, and the money signals show no matching move in options or off-exchange trading.
The fund's new stake is a real institutional buy, but the current options and off-exchange data do not show matching accumulation, so the signal is modest.
The insider sale is a negative-leaning headline, and the short share of off-exchange volume is above its norm, which lines up loosely with that cautious tone.
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.
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).
