What· the percentage of all SPY options contracts that traded today and also expire today. Computed against SPY's complete options chain (every expiration, including LEAPS).
Cadence· refreshed 3× daily: ~10:45 AM, ~1:45 PM, and post-close ET. Today's reading is intraday-cumulative through the most recent snapshot.
Baseline · Classified against the average of the prior 30 sessions' post-close readings (60%). z-score -0.6.
Reads above baseline often coincide with event days (CPI, FOMC, single-stock catalysts that move the index). Reads below baseline tend to track quiet sideways tape.
26th percentile of the last 31 sessions · range 45-68%
Across the index cohort · SPY · QQQ · IWM · SPX · NDX · RUT
What · OPEX is the monthly options expiration, the third Friday of every month, when the bulk of monthly equity option contracts settle.
Why it matters · Dealers spend the prior week hedging the gamma exposure of expiring positions. As contracts roll off the board on Friday morning, those hedges unwind in size. Result is often a sharp pickup in tape volatility late in the OPEX week, a vol crush in front-month implieds, and large pinning effects around heavily-owned strikes.
How to use · Treat reads inside an OPEX week with extra context. Unusual cohort flows or sweep activity this close to expiration are often dealer-driven mechanical rebalancing rather than directional conviction.
Retail and institutional call-vs-put lean per row, scored −100 (all puts) to +100 (all calls). Open on left, latest window on right.
| Ticker | Retail call biasopen · latest (scale −100 to +100) | Institutional call biasopen · latest (scale −100 to +100) | Readhover any tag for the interpretation |
|---|---|---|---|
| SPY | +100+100 | +10 |
| Time | Ticker | Type | Tags | Shares @ Price | Venue | Underlying Exposure | ||
|---|---|---|---|---|---|---|---|---|
| Close | ONDS | #2⚡ | MOC | $94.2M | 7.11M @ $13.25 | MOC | ||
| Close | LUNR | #2⚡ | MOC | $75.4M | 1.65M @ $45.70 | MOC | ||
| 11:19 | MU | #4⚡ | Single | $543.8M | 575K @ $945.75 | dark | ||
| 10:44 | NFLX | #6⚡ | Single | $274.6M | 3.17M @ $86.62 | dark | ||
| Close | MRVL | #7⚡ | MOC | $649.4M | 3.17M @ $204.83 | MOC | ||
| Close | ARM | #9⚡ | MOC | $142.5M | 425K @ $335.27 | MOC | ||
| 13:18 | TEM | #9⚡ | Single | $30.5M | 600K @ $50.91 | lit | ||
| Close | FNGU | #9⚡ | MOC | ⚡3x | $4.6M | 139K @ $32.88 | MOC | ~$13.7M NYSE FANG+ |
| 11:16 | AAL | #10⚡ | Single | $28.3M | 1.89M @ $14.96 | dark | ||
| 15:42 | SPDN | #10⚡ | Single | ⚡-3x | $3.0M | 349K @ $8.63 | dark | ~$9.0M S&P 500 |
| 13:03 | RIOT | #11⚡ | Single | $10.9M | 389K @ $28.13 | dark | ||
| Close | METD | #11⚡ | MOC | ⚡-2x | $40K | 3K @ $15.81 | MOC | ~$81K META |
| Close | NBIS | #12⚡ | MOC | $185.2M | 818K @ $226.34 | MOC | ||
| Close | PL | #12⚡ | MOC | $52.0M | 1.01M @ $51.40 | MOC | ||
| Close | VSAT | #13⚡ | MOC | $42.9M | 494K @ $86.69 | MOC | ||
| 14:54 | QQQ | #14⚡ | Single | $669.5M | 910K @ $735.75 | dark | ||
| Close | VSAT | #14⚡ | MOC | $42.9M | 494K @ $86.69 | MOC | ||
| Close | PATH | #14⚡ | MOC | $36.3M | 3.14M @ $11.58 | MOC | ||
| 14:07 | TSLL | #15⚡ | Single | ⚡2x | $4.7M | 287K @ $16.40 | dark | ~$9.4M TSLA |
| Close | MU | #16⚡ | MOC | $2.03B | 2.20M @ $923.52 | MOC | ||
| Close | QBTS | #16⚡ | MOC | $76.1M | 2.58M @ $29.49 | MOC | ||
| Close | BBAI | #16⚡ | MOC | $15.0M | 3.04M @ $4.94 | MOC | ||
| Close | IREN | #17⚡ | MOC | $163.5M | 2.55M @ $64.05 | MOC | ||
| 11:34 | AMD | #17⚡ | Single | $157.5M | 300K @ $525.09 | dark | ||
| 15:48 | ↳ | #18⚡ | Single | $155.6M | 300K @ $518.69 | dark | ||
| Close | ASTS | #18⚡ | MOC | $139.5M | 1.05M @ $133.09 | MOC | ||
| Close | POET | #18⚡ | MOC | $7.7M | 581K @ $13.26 | MOC | ||
| 15:06 | MSTZ | #18⚡ | Single | ⚡-2x | $1.8M | 265K @ $6.65 | dark | ~$3.5M MSTR |
| 14:16 | AAPD | #18⚡ | Single | ⚡-2x | $500K | 44K @ $11.41 | lit | ~$1000K AAPL |
| 10:03 | IVV | #19⚡ | Single | $1.35B | 1.79M @ $753.66 | dark | ||
| Close | LITE | #19⚡ | MOC | $310.3M | 361K @ $860.62 | MOC | ||
| Close | BE | #20⚡ | MOC | $169.9M | 586K @ $290.01 | MOC | ||
| Close | SHOP | #20⚡ | MOC | $159.5M | 1.39M @ $115.03 | MOC | ||
| Close | AMZD | #21⚡ | MOC | ⚡-2x | $77K | 9K @ $8.33 | MOC | ~$155K AMZN |
| 15:25 | GOOG | #22⚡ | Single | $289.6M | 750K @ $386.10 | lit | ||
| Close | QUBT | #22⚡ | MOC | $29.7M | 2.42M @ $12.24 | MOC | ||
| 12:58 | AAPD | #22⚡ | Single | ⚡-2x | $461K | 40K @ $11.41 | dark | ~$922K AAPL |
| Close | INTC | #23⚡ | MOC | $901.0M | 7.45M @ $120.89 | MOC | ||
| 14:26 | LITE | #23⚡ | Single | $126.2M | 145K @ $870.00 | dark | ||
| 09:52 | AAPD | #23⚡ | Single | ⚡-2x | $429K | 38K @ $11.40 | dark | ~$857K AAPL |
| 15:32 | CSCO | #24⚡ | Single | $217.2M | 1.82M @ $119.04 | lit | ||
| Close | F | #24⚡ | MOC | $101.6M | 6.10M @ $16.65 | MOC | ||
| 15:43 | QID | #24⚡ | Single | ⚡-2x | $6.3M | 450K @ $13.94 | dark | ~$12.5M Nasdaq 100 |
| Close | AMD | #25⚡ | MOC | $1.06B | 2.05M @ $518.09 | MOC | ||
| Close | AAL | #25⚡ | MOC | $71.5M | 4.88M @ $14.65 | MOC | ||
| 13:04 | SLV | #25⚡ | Single | $68.5M | 1.00M @ $68.55 | lit | ||
| 12:30 | RCL | #27 | Single | $80.9M | 287K @ $282.00 | dark | ||
| 14:11 | TXN | #28 | Single | $120.7M | 380K @ $317.65 | lit | ||
| 15:17 | PDD | #28 | Single | $68.1M | 830K @ $82.07 | lit | ||
| 10:38 | KLAC | #31 | Single | $67.1M | 35K @ $1924.00 | dark | ||
| 14:19 | JOBY | #31 | Single | $18.0M | 1.46M @ $12.34 | dark | ||
| 10:16 | LUNR | #33 | Single | $4.2M | 97K @ $43.55 | lit | ||
| 13:51 | QCOM | #36 | Single | $98.6M | 400K @ $246.56 | lit | ||
| 13:25 | INTC | #37 | Single | $119.8M | 990K @ $121.00 | dark | ||
| 15:50 | QLD | #39 | Single | ⚡2x | $19.2M | 197K @ $97.90 | dark | ~$38.5M Nasdaq 100 |
| 10:31 | LUNR | #39 | Single | $3.8M | 87K @ $43.25 | lit | ||
| 11:45 | ↳ | #40 | Single | $3.7M | 85K @ $43.24 | lit | ||
| 10:40 | MDB | #41 | Single | $19.5M | 60K @ $324.00 | dark | ||
| 11:39 | NVDL | #41 | Single | ⚡2x | $4.6M | 44K @ $104.02 | dark | ~$9.2M NVDA |
| 10:30 | LUNR | #42 | Single | $3.5M | 80K @ $43.35 | lit | ||
| 15:29 | MSTZ | #42 | Single | ⚡-2x | $1.3M | 196K @ $6.67 | dark | ~$2.6M MSTR |
| 13:33 | AMZN | #43 | Single | $244.3M | 900K @ $271.46 | lit | ||
| 15:23 | ULTA | #45 | Single | $11.2M | 22K @ $520.29 | lit | ||
| 13:35 | NBIS | #46 | Single | $43.5M | 191K @ $228.00 | lit | ||
| 13:02 | AMD | #47 | Single | $78.3M | 150K @ $521.99 | dark | ||
| 08:09 | INTU | #48 | Single | $50.0M | 162K @ $307.73 | dark | ||
| 13:13 | LUNR | #48 | Single | $3.3M | 76K @ $43.38 | lit | ||
| 09:44 | MELI | #49 | Single | $33.8M | 20K @ $1690.00 | dark | ||
| 11:21 | APLD | #49 | Single | $10.0M | 200K @ $50.00 | lit | ||
| 11:57 | MSFU | #49 | Single | ⚡2x | $1.3M | 45K @ $29.62 | dark | ~$2.7M MSFT |
| 10:45 | LUNR | #50 | Single | $3.2M | 74K @ $43.45 | lit |
Single Pre-close institutional single printMOC Market-on-close auction⚡ Top 25 in 10-yr history⚡3x Leveraged / inverse ETF🔗 Click to highlight matching rows in the options table above
47 surfaced · Institutional positions surfaced at the open (up to 50)
| Ticker | Lean | Activity | Chain | Δ% | Cohort | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ○SNOW🔥 | $250 C 1DTE | +5% | ▲ Bull | 9:48 AM | 6.2× | $2.7M | $79.7M | +35.43% | Software |
| 2 | ○LLY | $1130 C 1DTE | −0.8% | ▲ Bull | 9:58 AM | 1.5× | $3.3M | $14.3M | +5.21% | Health |
| 3 | ○EWY | $205 C 1DTE | +2% | ▲ Bull | 10:10 AM | 23× | $1.8M | $28.0M | +1.53% | Other |
| 4 | ○IBM🔥 | $270 C 1DTE | +1% | ▲ Bull | 9:54 AM | 4.3× | $1.7M | $9.4M | +4.64% | Other |
| 5 | ○ONDS | $13 C 1DTE | +0.8% | ▲ Bull | 9:45 AM | 10× | $1.8M | $14.6M | +19.63% | Other |
| 6 | ○AMZN | $270 C 1DTE | +0.2% | ▲ Bull | 10:02 AM | 2.7× | $4.7M | $19.3M | -0.85% | Tech Mega |
| 7 | ○NBIS | $225 C 1DTE | +2% | ▲ Bull | 9:42 AM | 1.1× | $2.3M | $18.2M | +6.09% | AI Infra |
| 8 | ○DELL🔥 | $320 C 1DTE | +0.2% | ▲ Bull | 9:46 AM | 1.3× | $1.2M | $18.9M | +4.63% | Other |
| 9 | ○PLTR | $135 C 1DTE | −2% | ▲ Bull | 9:50 AM | 1.1× | $2.9M | $29.3M | +4.35% | Software |
| 10 | ○ARM🔥 | $325 C 1DTE | −2% | ▲ Bull | 10:01 AM | 2.9× | $2.6M | $18.5M | +9.13% | Semis |
| 11 | ○CRM | $180 C 1DTE | −0.2% | ▲ Bull | 9:47 AM | 1.5× | $1.4M | $9.2M | +1.50% | Software |
| 12 | ○IREN | $65 P 8DTE | +0.4% | ▼ Bear | 9:59 AM | 12× | $1.9M | $14.1M | -4.57% | AI Infra |
| 13 | ○CRWD | $635 P 1DTE | −3% | ▼ Bear | 10:02 AM | 9.6× | $569K | $1.4M | +1.94% | Software |
| 14 | ○MSFT | $415 C 1DTE | −3% | ▲ Bull | 9:47 AM | 1.3× | $5.2M | $91.7M | +3.31% | Tech Mega |
| 15 | ○APP | $580 C 8DTE | −2% | ▲ Bull | 9:39 AM | 1.2× | $1.2M | $5.6M | +4.33% | Other |
| 16 | ○ORCL | $210 C 8DTE | +6% | ▲ Bull | 9:57 AM | 6.2× | $4.5M | $20.7M | +3.60% | Tech Mega |
| 17 | ○UNH | $390 C 8DTE | +1.0% | ▲ Bull | 9:45 AM | 0.7× | $499K | $13.2M | +0.60% | Health |
| 18 | ○APLD🔥 | $50 C 8DTE | +5% | ▲ Bull | 9:46 AM | 1.1× | $558K | $2.2M | -2.37% | AI Infra |
| 19 | ○NOW | $108 C 1DTE | −0.6% | ▲ Bull | 9:51 AM | 2.4× | $1.4M | $12.8M | +6.13% | Software |
| 20 | ○MSTR | $150 P 1DTE | +2% | ▼ Bear | 9:43 AM | 0.9× | $4.7M | $81.3M | -4.87% | Crypto/Fin |
| 21 | ○FSLR | $300 C 8DTE | +0.0% | ▲ Bull | 9:40 AM | 2.5× | $884K | $1.7M | +9.73% | Other |
| 22 | ○RDW🔥 | $25 C 1DTE | +3% | ▲ Bull | 9:45 AM | 1.2× | $721K | $3.2M | +1.51% | Other |
| 23 | ○MRVL🔥 | $200 C 1DTE | +2% | ▲ Bull | 9:49 AM | 0.5× | $2.5M | $30.4M | -1.49% | Semis |
| 24 | ○IONQ🔥 | $70 C 1DTE | +4% | ▲ Bull | 10:04 AM | 1.0× | $570K | $3.0M | +2.94% | Quantum |
| 25 | ○ZS🔥 | $125 C 1DTE | +0.2% | ▲ Bull | 10:00 AM | 6.6× | $181K | $8.5M | -1.39% | Software |
| 26 | ○COIN | $180 C 8DTE | +2% | ▲ Bull | 10:05 AM | 0.5× | $2.0M | $11.4M | +1.28% | Crypto/Fin |
| 27 | ○HOOD | $80 C 1DTE | +2% | ▲ Bull | 10:06 AM | 0.8× | $1.1M | $8.4M | +2.58% | Crypto/Fin |
| 28 | ○AMD | $500 C 1DTE | −0.5% | ▲ Bull | 9:54 AM | 0.5× | $5.2M | $69.1M | +1.54% | Semis |
| 29 | ○QBTS🔥 | $28 C 1DTE | −0.5% | ▲ Bull | 9:52 AM | 0.8× | $328K | $1.0M | +2.51% | Quantum |
| 30 | ○RGTI🔥 | $25 C 1DTE | −0.2% | ▲ Bull | 9:54 AM | 0.6× | $262K | $1.7M | +1.66% | Quantum |
| 31 | ○MU | $1000 C 8DTE | +9% | ▲ Bull | 9:55 AM | 0.7× | $12.5M | $231.3M | -0.77% | Semis |
| 32 | ○ASTS🔥 | $125 C 1DTE | +1% | ▲ Bull | 10:00 AM | 0.3× | $1.2M | $10.7M | -4.20% | Space/Def |
| 33 | ○SNDK | $1600 C 1DTE | −2% | ▲ Bull | 9:56 AM | 0.7× | $4.2M | $43.8M | +3.40% | Semis |
| 34 | ○PDD🔥 | $84 P 1DTE | +3% | ▼ Bear | 9:46 AM | 1.2× | $291K | $2.5M | -5.43% | China ADR |
| 35 | ○SMCI | $40 C 8DTE | +1% | ▲ Bull | 10:16 AM | 1.0× | $1.2M | $8.7M | +4.05% | Semis |
| 36 | ○BABA | $125 C 1DTE | −0.1% | ▲ Bull | 9:48 AM | 4.3× | $177K | $485K | -2.14% | China ADR |
| 37 | ○BA | $230 C 8DTE | +0.4% | ▲ Bull | 9:58 AM | 0.6× | $306K | $1.8M | +2.08% | Space/Def |
| 38 | ○CRWV | $110 C 1DTE | +4% | ▲ Bull | 9:55 AM | 0.9× | $425K | $8.6M | +1.32% | AI Infra |
| 39 | ○MDB | $320 C 1DTE | −3% | ▲ Bull | 9:54 AM | 0.3× | $733K | $2.1M | +11.59% | Software |
| 40 | ○SOXX | $500 P 8DTE | −11% | ▼ Bear | 9:57 AM | 2.2× | $630K | $5.0M | -0.56% | Semis |
| 41 | ○AVGO | $420 C 8DTE | +0.7% | ▲ Bull | 9:51 AM | 0.0× | $735K | $13.6M | -1.09% | Tech Mega |
| 42 | ○RKLB | $145 C 1DTE | +0.4% | ▲ Bull | 10:04 AM | 0.9× | $806K | $6.2M | -3.67% | Space/Def |
| 43 | ○CAT | $940 C 8DTE | +5% | ▲ Bull | 9:43 AM | 0.8× | $176K | $738K | -1.87% | Industrial |
| 44 | ○NOK | $15.50 P 8DTE | +1% | ▼ Bear | 10:10 AM | 0.2× | $203K | $1.8M | -2.42% | Telecom |
| 45 | ○IBIT | $42.50 P 1DTE | +3% | ▼ Bear | 9:50 AM | 0.2× | $430K | $4.6M | -2.74% | Crypto/Fin |
| 46 | ○BE | $280 P 1DTE | −3% | ▼ Bear | 10:03 AM | 0.3× | $171K | $1.9M | -1.63% | Nuclear |
| 47 | ○NFLX | $86 P 1DTE | −0.8% | ▼ Bear | 9:41 AM | 1.9× | $513K | $3.0M | -0.84% | Tech Mega |
25 surfaced · Early read on the 10:30–11:30 ET window (up to 25) · the ↻ mark flags contracts that also made the midday top 50
| Ticker | Lean | Activity | Chain | Δ% | Cohort | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ○APP↻ | $590 C 8DTE | −1% | ▲ Bull | 10:53 AM | 0.7× | $1.6M | $14.1M | +5.38% | Other |
| 2 | ○LLY↻ | $1100 C 1DTE | −2% | ▲ Bull | 10:44 AM | 0.2× | $1.5M | $23.4M | +4.18% | Health |
| 3 | ○EWY↻ | $205 C 1DTE | +0.5% | ▲ Bull | 11:05 AM | 5.8× | $614K | $16.0M | +2.88% | Other |
| 4 | ○MSTR | $152.50 C 8DTE | +5% | ▲ Bull | 11:04 AM | 22× | $1.2M | $91.9M | -5.15% | Crypto/Fin |
| 5 | ○SNOW🔥 | $240 C 8DTE | +2% | ▲ Bull | 10:51 AM | 0.3× | $525K | $97.6M | +33.93% | Software |
| 6 | ○APLD🔥 | $50 C 1DTE | +0.0% | ▲ Bull | 10:52 AM | 1.2× | $733K | $4.0M | +2.25% | AI Infra |
| 7 | ○SMCI | $43 C 8DTE | +0.7% | ▲ Bull | 11:13 AM | 5.1× | $1.2M | $23.9M | +11.00% | Semis |
| 8 | ○SNDK↻ | $1700 C 1DTE | +0.9% | ▲ Bull | 10:44 AM | 0.8× | $7.2M | $118.5M | +6.06% | Semis |
| 9 | ○IONQ🔥↻ | $70 C 1DTE | −0.9% | ▲ Bull | 11:03 AM | 0.7× | $667K | $6.0M | +8.04% | Quantum |
| 10 | ○AMD | $510 C 1DTE | −2% | ▲ Bull | 10:56 AM | 1.3× | $6.1M | $155.0M | +5.23% | Semis |
| 11 | ○ORCL | $205 C 8DTE | +0.9% | ▲ Bull | 10:56 AM | 3.1× | $4.2M | $47.8M | +6.66% | Tech Mega |
| 12 | ○RGTI🔥 | $27 C 1DTE | −0.1% | ▲ Bull | 11:09 AM | 0.7× | $364K | $4.4M | +9.97% | Quantum |
| 13 | ○DELL🔥↻ | $325 C 1DTE | +0.8% | ▲ Bull | 11:12 AM | 0.6× | $373K | $26.8M | +5.52% | Other |
| 14 | ○CRWD↻ | $635 P 1DTE | −4% | ▼ Bear | 10:37 AM | 5.3× | $202K | $2.7M | +2.60% | Software |
| 15 | ○CRWV | $105 P 8DTE | −4% | ▼ Bear | 11:05 AM | 2.1× | $703K | $14.5M | +4.74% | AI Infra |
| 16 | ○MDB↻ | $360 C 1DTE | +13% | ▲ Bull | 11:04 AM | 1.0× | $1.6M | $7.2M | +8.44% | Software |
| 17 | ○IBM🔥↻ | $260 C 8DTE | −2% | ▲ Bull | 10:58 AM | 0.3× | $330K | $11.9M | +3.79% | Other |
| 18 | ○MSFT↻ | $425 C 1DTE | +0.1% | ▲ Bull | 10:48 AM | 0.9× | $3.4M | $116.9M | +2.81% | Tech Mega |
| 19 | ○ONDS | $13 C 1DTE | +0.2% | ▲ Bull | 10:57 AM | 2.2× | $350K | $17.2M | +20.28% | Other |
| 20 | ○HOOD↻ | $80 C 1DTE | +1% | ▲ Bull | 10:57 AM | 0.7× | $1.2M | $15.1M | +3.57% | Crypto/Fin |
| 21 | ○DRAM↻ | $65 C 8DTE | +3% | ▲ Bull | 10:39 AM | 1.6× | $444K | $4.0M | +3.80% | Other |
| 22 | ○GEV↻ | $1025 P 1DTE | +2% | ▼ Bear | 10:57 AM | 0.6× | $622K | $4.2M | -2.50% | Industrial |
| 23 | ○ARM🔥↻ | $350 C 1DTE | +3% | ▲ Bull | 10:57 AM | 0.8× | $837K | $31.0M | +12.73% | Semis |
| 24 | ○PLTR | $138 C 1DTE | −0.1% | ▲ Bull | 10:53 AM | 0.4× | $575K | $36.1M | +4.26% | Software |
| 25 | ○QBTS🔥↻ | $30 C 1DTE | +0.0% | ▲ Bull | 11:05 AM | 0.4× | $225K | $2.4M | +9.35% | Quantum |
50 surfaced · New positions emerging after the morning print (up to 50)
| Ticker | Lean | Activity | Chain | Δ% | Cohort | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ○DELL🔥↻ | $325 C 1DTE | +0.1% | ▲ Bull | 12:25 PM | 6.0× | $4.3M | $49.5M | +6.30% | Other |
| 2 | ○RGTI🔥 | $26 C 1DTE | −0.2% | ▲ Bull | 11:18 AM | 1.4× | $735K | $7.7M | +5.79% | Quantum |
| 3 | ○SNOW🔥 | $240 C 1DTE | −1% | ▲ Bull | 11:43 AM | 3.5× | $1.3M | $139.3M | +38.86% | Software |
| 4 | ○ONDS | $13 C 8DTE | −2% | ▲ Bull | 12:00 PM | 3.4× | $1.4M | $25.6M | +22.41% | Other |
| 5 | ○LLY↻ | $1100 C 1DTE | −2% | ▲ Bull | 11:06 AM | 0.3× | $1.7M | $25.8M | +3.35% | Health |
| 6 | ○GLD | $414 C 8DTE | +0.2% | ▲ Bull | 1:10 PM | 16× | $1.7M | $19.4M | +1.19% | Metals |
| 7 | ○EWY↻ | $205 C 1DTE | −0.3% | ▲ Bull | 11:15 AM | 8.7× | $1.0M | $17.2M | +3.68% | Other |
| 8 | ○AMD | $525 C 1DTE | +1.0% | ▲ Bull | 11:33 AM | 3.8× | $9.7M | $253.9M | +4.84% | Semis |
| 9 | ○SMCI | $41 C 8DTE | −3% | ▲ Bull | 10:55 AM | 11× | $3.1M | $43.1M | +10.34% | Semis |
| 10 | ○IONQ🔥↻ | $70 C 1DTE | +2% | ▲ Bull | 11:37 AM | 1.5× | $1.6M | $9.9M | +4.79% | Quantum |
| 11 | ○HOOD↻ | $80 C 1DTE | −1% | ▲ Bull | 11:24 AM | 1.4× | $3.6M | $31.2M | +6.70% | Crypto/Fin |
| 12 | ○PLTR | $140 C 1DTE | −0.4% | ▲ Bull | 11:49 AM | 1.3× | $2.8M | $53.5M | +6.17% | Software |
| 13 | ○MSTR | $155 C 8DTE | +2% | ▲ Bull | 12:57 PM | 11× | $2.1M | $109.4M | -1.44% | Crypto/Fin |
| 14 | ○ORCL | $210 C 8DTE | +3% | ▲ Bull | 11:18 AM | 5.1× | $5.8M | $65.6M | +6.27% | Tech Mega |
| 15 | ○APP↻ | $590 C 8DTE | −1% | ▲ Bull | 10:55 AM | 0.7× | $1.7M | $16.7M | +5.43% | Other |
| 16 | ○MSFT↻ | $425 C 1DTE | −0.2% | ▲ Bull | 11:32 AM | 1.6× | $6.2M | $139.2M | +3.16% | Tech Mega |
| 17 | ○ARM🔥↻ | $350 C 1DTE | +1% | ▲ Bull | 11:43 AM | 1.9× | $2.4M | $44.5M | +13.91% | Semis |
| 18 | ○MDB↻ | $360 C 1DTE | +10% | ▲ Bull | 11:26 AM | 1.5× | $2.5M | $16.0M | +11.43% | Software |
| 19 | ○COIN | $182.50 C 8DTE | +2% | ▲ Bull | 11:47 AM | 0.4× | $968K | $22.9M | +3.35% | Crypto/Fin |
| 20 | ○SNDK↻ | $1700 C 1DTE | +0.9% | ▲ Bull | 11:09 AM | 1.1× | $9.5M | $165.6M | +5.75% | Semis |
| 21 | ○QBTS🔥↻ | $30 C 1DTE | +3% | ▲ Bull | 11:43 AM | 1.0× | $556K | $4.8M | +6.06% | Quantum |
| 22 | ○IBM🔥↻ | $260 C 8DTE | −0.2% | ▲ Bull | 11:18 AM | 0.5× | $607K | $14.5M | +2.07% | Other |
| 23 | ○MRVL🔥 | $200 C 1DTE | −2% | ▲ Bull | 12:03 PM | 0.7× | $2.7M | $69.9M | +3.18% | Semis |
| 24 | ○QCOM | $260 C 1DTE | +5% | ▲ Bull | 11:26 AM | 3.3× | $2.4M | $23.3M | +6.48% | Semis |
| 25 | ○ALAB🔥 | $350 C 1DTE | +0.2% | ▲ Bull | 11:33 AM | 1.1× | $1.6M | $10.3M | +7.09% | Other |
| 26 | ○MU | $950 C 8DTE | +1% | ▲ Bull | 12:16 PM | 1.0× | $20.3M | $614.6M | +0.98% | Semis |
| 27 | ○DRAM↻ | $65 C 8DTE | +3% | ▲ Bull | 10:57 AM | 2.0× | $579K | $6.7M | +3.95% | Other |
| 28 | ○CRWD↻ | $635 P 1DTE | −6% | ▼ Bear | 10:56 AM | 6.5× | $216K | $4.2M | +4.77% | Software |
| 29 | ○CRM | $180 C 1DTE | +0.4% | ▲ Bull | 11:37 AM | 0.8× | $684K | $12.9M | +0.96% | Software |
| 30 | ○CRWV | $110 C 1DTE | +3% | ▲ Bull | 11:31 AM | 1.4× | $1.3M | $21.0M | +2.58% | AI Infra |
| 31 | ○CRCL | $105 C 1DTE | −0.0% | ▲ Bull | 11:19 AM | 2.0× | $516K | $6.8M | +2.30% | Crypto/Fin |
| 32 | ○META | $635 C 1DTE | +0.6% | ▲ Bull | 12:05 PM | 2.4× | $4.3M | $137.3M | -0.60% | Tech Mega |
| 33 | ○ZS🔥 | $130 C 1DTE | −2% | ▲ Bull | 12:11 PM | 1.4× | $592K | $15.9M | +4.71% | Software |
| 34 | ○ASTS🔥 | $125 C 1DTE | −1% | ▲ Bull | 11:34 AM | 0.4× | $1.4M | $24.0M | -2.22% | Space/Def |
| 35 | ○GEV↻ | $1025 P 1DTE | +2% | ▼ Bear | 10:57 AM | 0.6× | $622K | $4.9M | -2.50% | Industrial |
| 36 | ○BA | $230 C 8DTE | +0.6% | ▲ Bull | 11:15 AM | 0.8× | $417K | $4.8M | +1.95% | Space/Def |
| 37 | ○PDD🔥 | $82 C 1DTE | −0.1% | ▲ Bull | 11:23 AM | 10× | $117K | $3.9M | -5.28% | China ADR |
| 38 | ○SLV | $67 C 8DTE | −2% | ▲ Bull | 11:34 AM | 11× | $1.6M | $14.3M | +1.35% | Metals |
| 39 | ○AVGO | $420 C 8DTE | −2% | ▲ Bull | 11:36 AM | 0.0× | $1.4M | $30.9M | +1.46% | Tech Mega |
| 40 | ○NOW | $110 C 1DTE | +0.9% | ▲ Bull | 11:35 AM | 0.8× | $760K | $19.0M | +6.67% | Software |
| 41 | ○NOK | $16 C 8DTE | +4% | ▲ Bull | 11:39 AM | 0.7× | $451K | $3.2M | -2.04% | Telecom |
| 42 | ○NBIS | $230 C 1DTE | +1% | ▲ Bull | 11:43 AM | 0.9× | $1.5M | $37.2M | +8.91% | AI Infra |
| 43 | ○IREN | $65 C 1DTE | +0.8% | ▲ Bull | 12:02 PM | 0.5× | $1.2M | $22.1M | -4.95% | AI Infra |
| 44 | ○RKLB | $145 C 1DTE | −1% | ▲ Bull | 11:07 AM | 0.9× | $861K | $12.6M | -2.28% | Space/Def |
| 45 | ○BE | $300 C 1DTE | −0.3% | ▲ Bull | 12:03 PM | 1.0× | $507K | $9.1M | +2.32% | Nuclear |
| 46 | ○IBIT | $42 C 1DTE | +1% | ▲ Bull | 11:38 AM | 11× | $209K | $8.4M | -2.26% | Crypto/Fin |
| 47 | ○NFLX | $87 C 8DTE | +1% | ▲ Bull | 12:24 PM | 14× | $602K | $10.2M | -1.57% | Tech Mega |
| 48 | ○CAT | $885 C 1DTE | −1% | ▲ Bull | 12:03 PM | 0.5× | $158K | $2.3M | -1.35% | Industrial |
| 49 | ○JPM | $300 C 8DTE | +0.9% | ▲ Bull | 11:50 AM | 0.8× | $318K | $1.3M | -0.69% | Banks |
| 50 | ○GS | $990 C 1DTE | −1% | ▲ Bull | 12:08 PM | 0.3× | $168K | $899K | +0.77% | Banks |
20 surfaced · Positions taken into the close. DTE 1–12, expected held overnight (up to 20)
| Ticker | Lean | Activity | Chain | Δ% | Cohort | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ○MSTR | $157.50 C 8DTE | +4% | ▲ Bull | 3:21 PM | 46× | $6.5M | $133.6M | -1.66% | Crypto/Fin |
| 2 | ○SNOW🔥 | $240 C 1DTE | +0.5% | ▲ Bull | 3:31 PM | 0.9× | $414K | $168.3M | +37.46% | Software |
| 3 | ○DELL🔥 | $320 C 1DTE | +0.0% | ▲ Bull | 3:40 PM | 1.7× | $1.6M | $90.2M | +6.09% | Other |
| 4 | ○NBIS | $210 P 8DTE | −7% | ▼ Bear | 3:14 PM | 39× | $4.3M | $57.2M | +8.51% | AI Infra |
| 5 | ○EWY | $205 C 1DTE | −0.7% | ▲ Bull | 3:47 PM | 7.0× | $1.0M | $23.8M | +4.10% | Other |
| 6 | ○COST | $1000 C 1DTE | +0.5% | ▲ Bull | 3:40 PM | 1.9× | $750K | $15.9M | -0.77% | Consumer |
| 7 | ○PLTR | $145 C 8DTE | +1% | ▲ Bull | 3:26 PM | 0.9× | $1.3M | $83.3M | +8.28% | Software |
| 8 | ○RGTI🔥 | $27 C 1DTE | −0.2% | ▲ Bull | 3:32 PM | 0.9× | $397K | $11.6M | +9.22% | Quantum |
| 9 | ○SMH | $550 P 8DTE | −8% | ▼ Bear | 3:29 PM | 1.3× | $22.7M | $61.5M | +0.76% | Semis |
| 10 | ○MDB | $300 P 1DTE | −8% | ▼ Bear | 3:41 PM | 1.0× | $1.4M | $42.3M | +12.81% | Software |
| 11 | ○CBRS | $255 C 1DTE | +5% | ▲ Bull | 3:25 PM | 3.3× | $706K | $5.9M | -8.91% | Other |
| 12 | ○HOOD | $85 C 1DTE | +0.2% | ▲ Bull | 3:38 PM | 0.9× | $1.1M | $63.9M | +11.35% | Crypto/Fin |
| 13 | ○FSLR | $300 C 1DTE | −1% | ▲ Bull | 3:57 PM | 0.6× | $214K | $3.0M | +10.86% | Other |
| 14 | ○COIN | $185 C 8DTE | +2% | ▲ Bull | 3:32 PM | 3.2× | $905K | $34.2M | +4.83% | Crypto/Fin |
| 15 | ○LLY | $1130 C 1DTE | +0.2% | ▲ Bull | 3:41 PM | 0.1× | $255K | $29.3M | +4.31% | Health |
| 16 | ○RDW🔥 | $25 C 8DTE | −3% | ▲ Bull | 3:04 PM | 1.1× | $319K | $7.6M | +7.46% | Other |
| 17 | ○AMD | $520 C 8DTE | +0.3% | ▲ Bull | 3:36 PM | 1.5× | $2.7M | $339.1M | +4.52% | Semis |
| 18 | ○ONDS | $14 C 1DTE | +6% | ▲ Bull | 3:51 PM | 2.6× | $196K | $29.9M | +21.39% | Other |
| 19 | ○ASTS🔥 | $130 C 1DTE | −2% | ▲ Bull | 3:32 PM | 0.4× | $896K | $43.9M | +2.69% | Space/Def |
| 20 | ○V | $325 C 8DTE | +0.0% | ▲ Bull | 3:35 PM | 4.6× | $190K | $1.3M | -0.81% | Other |
Above the line institutions outvoted retail. Below the line retail outvoted institutions. The pair worth watching is when the ETF and its sister index land on opposite sides.
Institutions dominate both SPY and SPX hard. When alignment runs this hot, watch for follow-through.
Each row shows a ticker's structural lean. Cell color flags today's deviation: amber = more retail than usual, blue= more institutional. Today's column is outlined.
RUT ran noticeably more institutional-leaning than its 21-day norm today. Worth a careful read.
None of the six cohort pairs fired a non-noisy divergence pattern in the past 30 sessions. The detector requires ~5 live sessions of z-score history before named setups start rotating in.
Every non-noisy pattern from the last 30 sessions, scored T+1 / T+3 / T+5 on SPY, QQQ, and IWM.
No non-noisy patterns have fired in the last 30 days. The model only fires when both cohort z-scores push past 1.5σ in opposing directions, a high bar by design.
| DIVERGENCE· steady |
| SPX | +99+99 | +6+36 | ALIGNED BULL· strengthening |
| QQQ | +92+15 | +10+14 | ALIGNED BULL· fading |
| NDX | +83+93 | +11+67 | ALIGNED BULL· strengthening |
| IWM | +100+96 | -4+48 | COHORT FLIP· institutional |
| RUT | +63+36 | +10+6 | ALIGNED BULL· fading |
Per-ticker rows where 5+ contracts on one side cluster across multiple strikes and expirations. 7 surfaced today.
| # | Ticker | Side | #C | Exp | Stk | Total $ | Dom% | Δ% | Cohort |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ▸ TSLA | ▲ Bull | 29 | 6 | 18 | $165.0M | 81% | +0.33% | Tech Mega |
| 2 | ▸ MU | ▲ Bull | 6 | 2 | 6 | $94.5M | 95% | +0.83% | Semis |
| 3 | ▸ MSFT | ▲ Bull | 18 | 5 | 9 | $51.0M | 96% | +3.20% | Tech Mega |
| 4 | ▸ SMCI | ▲ Bull | 12 | 3 | 10 | $18.2M | 100% | +10.27% | Semis |
| 5 | ▸ SNOW | ▲ Bull | 7 | 4 | 4 | $14.3M | 100% | +38.70% | Software |
| 6 | ▸ PLTR | ▲ Bull | 9 | 2 | 8 | $11.1M | 83% | +6.29% | Software |
| 7 | ▸ ONDS | ▲ Bull | 10 | 4 | 5 | $7.6M | 93% | +22.64% | Other |
Institutions dominate both QQQ and NDX hard. When alignment runs this hot, watch for follow-through.
Institutions dominate both IWM and RUT hard. When alignment runs this hot, watch for follow-through.