Scentbird and Lionsgate launch an exclusive Twilight: New Moon fragrance
This is a product launch with no change in the money signals, which show a mild call lean but no new large positions.
PRNewsWire · 10/01
Undercurrent · Money-flow snapshot
LION Max Pain, Dark Pool & Options Flow
LION max pain for the Oct 16, 2026 expiry is $12, from the Thu Oct 8 options chain. The last price, $11.13, is 7.2% below it. Call wall $12 · put floor $11.
What the institutional money is doing on LION right now — dark pool, options positioning, and where the news and the money disagree. Free.
The money right now
Dark pool share
37.1% (market avg 52%)
Dark pool volume vs its norm
0.7×
Short share of that
44.8% (norm 43%)
Price
$11.13
Max pain
$12
Oct 16 exp
Call wall
$12
Oct 16 exp
Put floor
$11
Oct 16 exp
Put/Call ratio
0.38
Squeeze pressure
25
Dark pool share: Off-exchange volume was quiet at 0.7× its norm
Off-exchange prints never touch the public book, so they move size without moving the quote. That is the point of using them. Large players were quiet in this name that day. The share (37.1%) may look normal, but the absolute size behind it was thin.
Source: FINRA · Fri 10/9 close
What it means: LION's money signals lean mildly toward calls, with dark-pool share near its own norm and no fresh options positions reported, so the picture is quiet rather than decisive.
News vs the money
Analyst rates Lionsgate a Buy, citing its film library and a stronger business after the Starz split
The rating is positive, and the money signals lean mildly toward calls, so the two point the same way.
Seeking Alpha · 09/14
Drift launches a Twilight-themed car and home scent collection
The collection is a consumer tie-in, and the money signals show no new large positions to compare it against.
PRNewsWire · 09/14
⚡ DIVERGENCELionsgate shares hit a four-month low after an activist investor criticizes its AI plans
The price drop runs against the mild call lean in the money signals, though the activist pressure is the main story.
Deadline · 08/12
Lionsgate starts the year strong with better-than-expected revenue and cash flow
Strong results line up with the mild call lean, though the money signals are too weak to confirm the trend.
Seeking Alpha · 08/10
See it live, free
Get Undercurrent — the news behind the money →Add LION 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