⚡ DIVERGENCEAnalysts' average target implies about 28.5% upside for ITT
Analysts see upside, but standing options bets lean toward protection against a drop, so the signals diverge only mildly.
Zacks Investment Research · 10/08
Undercurrent · Money-flow snapshot
ITT Max Pain, Dark Pool & Options Flow
ITT max pain for the Oct 16, 2026 expiry was $200 as of the Wed Oct 7 options chain.
What the institutional money is doing on ITT right now — dark pool, options positioning, and where the news and the money disagree. Free.
The money right now
Dark pool share
44.9% (market avg 52%)
Dark pool volume vs its norm
1.1×
Short share of that
29.2% (norm 63%)
Price
$201.37
Max pain
$200
as of 10/07
Call wall
$210
as of 10/07
Put floor
$195
as of 10/07
Put/Call ratio
1.36
Squeeze pressure
20
Dark pool share: Only 29% vs a 63% norm of the off-exchange volume was short
Off-exchange prints never touch the public book, so they move size without moving the quote. That is the point of using them. Size was ordinary, but the sell side was light within it — not aggressive accumulation, yet no real selling pressure either.
Source: FINRA · Fri 10/9 close
What it means: Options positioning leans toward puts on open interest (1.36 put-to-call), while recent traded volume is balanced (0.88). Off-exchange share volume is near its norm, with short activity well below ITT's own 20-day average, which reads as quiet accumulation rather than selling.
News vs the money
Henry Schein names Emmanuel Caprais as its new CFO, ex-ITT finance chief
This is a routine executive move with no direct link to ITT's own positioning, which is mixed.
Business Wire · 10/08
⚡ DIVERGENCEA case for investing in ITT stock now
The bullish pitch is not clearly matched by the money signals, which show more puts than calls in standing positions.
Zacks Investment Research · 10/07
A hammer chart pattern suggests ITT may have found support
Off-exchange activity is quiet and short selling is below normal, which loosely fits the idea of support forming.
Zacks Investment Research · 10/02
ITT and Mitsubishi lag their conglomerate peers this year
Relative underperformance is not reflected clearly in the balanced recent volume or the quiet off-exchange activity.
Zacks Investment Research · 09/29
See it live, free
Get Undercurrent — the news behind the money →Add ITT to My Watchlist in the free SIGNUM HQ app (iPhone · Android) →New to this? Why'd It Move? turns today's move into a 60-second lesson →What is a “divergence”?
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.
How to read these numbers
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).
Nearby tickers
Today’s off-exchange leaders → · See all tickers →Today’s rankings — what broke from normal
Learn the numbers