LOGI max pain for the Oct 16, 2026 expiry is $105, from the Mon Oct 5 options chain. The last price, $102.18, is 2.7% below it. Call wall $110 · put floor $95.
What the institutional money is doing on LOGI right now — dark pool, options positioning, and where the news and the money disagree. Free.
Options positioning leans bullish (more calls than puts), but off-exchange volume shows institutions are quietly selling short above their usual rate—a mismatch between retail call interest and institutional trimming.
Call-heavy options lean suggests traders are betting on upside, but no new positions opened in the latest session—existing bets only, no fresh conviction.
Options remain call-biased, but institutional off-exchange selling (short share 9.4 points above norm) suggests skepticism beneath the surface narrative.
Call-heavy options positioning contrasts with elevated institutional short selling off-exchange, suggesting the market is skeptical of management's ability to solve the supply squeeze.
Options traders favor calls, but institutional distribution (short selling elevated, volume below average) signals insiders are not accumulating on the product news.
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).
