IBN max pain for the Oct 16, 2026 expiry is $29, from the Fri Oct 2 options chain. The last price, $27.75, is 4.3% below it. Call wall $32 · put floor $27.
What the institutional money is doing on IBN right now — dark pool, options positioning, and where the news and the money disagree. Free.
The news is promotional in tone, but options traders show no fresh positioning—call-heavy standing positions exist, but no new bets opened, and dark-pool volume is below normal, indicating indifference rather than conviction.
News is routine content distribution; money signals remain flat—no new option positions, call-heavy standing lean, and subdued off-exchange volume all point to passive market reception.
The comparison article carries no sentiment signal from the money—options remain call-leaning but static, with no new positioning and below-average dark-pool activity, suggesting the market is not reacting to the comparison.
News is standard content release; money signals show no change—call-heavy standing positions persist, but no new openings and weak off-exchange volume indicate the market is not trading on this announcement.
News highlights business development; options remain call-leaning with no fresh positioning, and dark-pool volume stays below the stock's norm, showing no institutional rush to build positions around the coverage expansion.
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).
