What the institutional money is doing on LINE right now — dark pool, options positioning, and where the news and the money disagree. Free.
The news is operational/marketing; the money shows defensive positioning (puts outweigh calls 3-to-1) with no new bullish option bets, suggesting the market is not pricing in a near-term boost from this initiative.
The news is bullish (institutional accumulation); the options market remains put-heavy (0.32 call-to-put) with no fresh upside positioning, suggesting the market has not yet repriced the stock on this disclosure.
The news is capital-market activity; the options market shows no new bullish or bearish positioning (no fresh open interest data), leaving no clear money signal to compare.
The news is positive (pipeline progress); the options market remains put-heavy (0.32 call-to-put) with low squeeze pressure, indicating skepticism or caution about near-term catalysts.
The news is a formal earnings disclosure; the options market shows no new bullish positioning (0.32 call-to-put, low squeeze) despite the earnings event, suggesting the market is not pricing in upside surprises.
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).
