DRI max pain for the Oct 16, 2026 expiry is $210. The last price, $199.72, is 4.9% below it. Call wall $230 · put floor $185.
What the institutional money is doing on DRI right now — dark pool, options positioning, and where the news and the money disagree. Free.
Standing positions lean bullish (more calls than puts), but off-exchange short activity is elevated above norm, suggesting insiders or large holders may be hedging dividend exposure rather than betting on upside.
Options positioning is balanced and bullish-leaning, but dark-pool distribution and elevated short share in large orders suggest sophisticated money is skeptical of the dividend story—or at least not accumulating on strength.
Open positions: more calls than puts (put/call 0.59); prior-session volume: calls and puts balanced (put/call 0.87).
Options show call-heavy lean and minimal squeeze risk, but off-exchange short volume is elevated above norm and positioned in distribution mode, suggesting the market is selling the miss rather than buying the dip.
Call-heavy options positioning and low squeeze pressure suggest some bullish lean, but distribution-mode dark-pool activity and elevated short share indicate large holders are not accumulating—they are trimming or hedging into fair value.
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).
