FTV max pain is $55. The last price, $57.38, is 4.3% above it. Call wall $60 · put floor $55.
What the institutional money is doing on FTV right now — dark pool, options positioning, and where the news and the money disagree. Free.
Traders are favoring calls over puts in recent volume, but no new large positions have opened, and off-exchange activity shows cautious short-heavy hedging rather than conviction buying into the event.
No new options positions have opened to reflect this product news; the call-heavy lean in traded volume is generic and predates the announcement.
No fresh options positioning around this event; call bias in recent trades is not tied to new conviction.
No new options activity reflects this launch; the call-favoring flow is not concentrated around the product news.
No new options positions opened in response; off-exchange activity on October 5 shows defensive short-heavy hedging, not enthusiasm tied to the appointment.
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).
