What the institutional money is doing on PCG right now — dark pool, options positioning, and where the news and the money disagree. Free.
News reports selling pressure, but the money shows large buyers working orders quietly off-exchange at nearly 4× their normal pace, with short-selling well below this stock's own average—the opposite of panic.
A positive operational story, but the money signals are unchanged—no new option positions opened, suggesting the market has not yet priced in any benefit from this innovation.
A growth-oriented story, but no new option buying or selling emerged—the market is treating this as incremental, not transformative.
A routine safety reminder with no market impact; money signals remain flat.
A balance-sheet positive, but the money shows no new bullish option positioning—institutional buyers are accumulating shares quietly, not betting on upside via calls.
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).
