What the institutional money is doing on EXC right now — dark pool, options positioning, and where the news and the money disagree. Free.
News frames this as a neutral comparison, but money is leaning bullish with call buyers outweighing put buyers by 7.67-to-1, suggesting traders see upside despite the balanced editorial tone.
Positive news about undervaluation aligns with call-heavy options flow, but the standing put-to-call ratio of 0.23 is extremely call-biased, suggesting traders may already be priced in to this thesis.
This is a ceremonial story with no market relevance; money signals remain unchanged and show no reaction.
This is a local community event unrelated to utility operations; money signals show no reaction.
Neutral news tone recommending utilities as stable holdings matches the call-heavy options lean, but minimal institutional off-exchange activity (36%) suggests money is not rushing to accumulate on this narrative.
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 done off-exchange, where institutions move size quietly. Well above ~40% means big players are active.
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).
