NEUTRAL — WATCH
No clear whale direction for APLD. Bullish and bearish signals roughly cancel out. Short interest is elevated at 30.6% of float — significant bearish pressure but squeeze potential exists. Insiders are net buyers (2,658,902 shares bought vs 589,209 sold) — bullish conviction from management. Strong institutional ownership at 68.5% with 8 of 10 top holders actively accumulating this quarter.
Action Plan
- Hold existing positions — no strong directional signal
- Wait for clearer whale activity before adding
- Watch short interest trend (currently 31%) — covering = bullish catalyst
- Monitor next earnings for institutional positioning changes
📈 Options Flow 期权异动
Unusual options volume vs open interest. High volume/OI ratio signals whale positioning. Put/Call ratio indicates directional bias.
PUT / CALL RATIO
0 (Bullish)1.02.0+ (Bearish)
0.73
NEUTRAL
Unusual Strikes — Vol/OI > 3x (2C / 8P)
PUT$362026-03-2772324.0x
PUT$142026-04-1064610.7x
PUT$382026-03-273857.6x
CALL$262026-04-246087.5x
PUT$322026-03-27148255.9x
CALL$262026-04-24235405.9x
PUT$242026-04-021,3502315.8x
PUT$422026-03-27515.0x
PUT$382026-04-021944.8x
PUT$232026-04-101,1892494.8x
High Volume Contracts — Vol > 500 (10 contracts)
CALL$302026-04-022,128
CALL$302026-03-271,865
PUT$252026-03-271,477
CALL$272026-03-271,355
PUT$242026-04-021,350
CALL$282026-03-271,240
CALL$282026-03-271,233
CALL$292026-03-271,206
PUT$232026-04-101,189
PUT$262026-03-271,054
- Put/Call volume ratio: 0.73 (bullish)
- Total options volume: 36,799 (calls 21,233 / puts 15,566)
- Top unusual: PUT $35.5 exp 2026-03-27 — vol/OI 24.0x
- 16 unusual strikes detected (3C / 13P)
👤 Insider Trading 内部交易
SEC Form 4 filings — officer and director buys/sells in the last 90 days. Net buying is a strong bullish signal.
SHARES BOUGHT (6m)
2,658,902
NET INSIDER FLOW
+2,069,693
Recent Insider Transactions (0 buys / 6 sells / 4 grants)
GRANTZHANG JASON GECHEN500,0002026-02-06
GRANTMOHMAND MOHAMMAD SAIDAL LAVANW250,0002026-02-06
SELLHASTINGS CHUCK45,9872026-01-29
SELLCUMMINS WESLEY165,0002026-01-16
SELLNOTTENBURG RICHARD N23,6062026-01-15
SELLMILLER DOUGLAS S10,0002026-01-12
GRANTCUMMINS WESLEY1,500,0002026-01-06
SELLMILLER DOUGLAS S8,0002025-11-28
GRANTZHANG JASON GECHEN170,0002025-11-25
SELLBENSON ELLA G8,5812025-11-24
- Insider buying: 2,658,902 shares
- Insider selling: 589,209 shares
- 10 Form 4 filings in last 90 days
- Net insider BUYING — bullish signal
🏦 Smart Money Flow 机构资金流向
Quarter-over-quarter position changes from 13F filings. Shows whether institutional investors are accumulating (buying more) or distributing (selling) — the strongest signal of whale conviction.
INSTITUTIONAL OWNERSHIP
68.5%
ACCUMULATION vs DISTRIBUTION
80% ACCUMULATING
20% DISTRIBUTING
NET SHARES FLOW
+19,019,966
Institutional Position Changes (QoQ)
★ NEW POSITIONValue Aligned Research Advisors, LLC2.02%NEW+2,821,775
★ NEW POSITIONT. Rowe Price Investment Management, Inc.1.51%NEW+2,154,183
▲▲ HEAVY BUYVanguard Group Inc8.64%+36.4%+6,445,648
▲▲ HEAVY BUYSituational Awareness LP4.06%+87.0%+5,274,743
▲▲ HEAVY BUYMirae Asset Global ETFs Holdings Ltd.1.44%+25.5%+814,818
▲ ADDINGBlackrock Inc.7.45%+12.6%+2,330,385
▲ ADDINGState Street Corporation1.94%+12.0%+581,854
▲ ADDINGGeode Capital Management, LLC2.25%+5.1%+304,451
▬ HOLDHood River Capital Management LLC7.88%+4.7%+991,273
▼▼ HEAVY SELLShaw D.E. & Co., Inc.2.94%-24.8%-2,699,164
ETF & Mutual Fund Flow (5 adding / 1 selling)
▬ HOLDManager Directed Portfolios-Hood River Small-0.0%0
▲ ADDINGVANGUARD INDEX FUNDS-Vanguard Total Stock Mar+12.7%+891,379
▼ TRIMMINGiShares Trust-iShares Russell 2000 ETF-5.9%-357,089
▬ HOLDVANGUARD WORLD FUND-Vanguard Information Tech+2.7%+129,311
★ NEW POSIVANGUARD INDEX FUNDS-Vanguard Small-Cap IndexNEW+1,427,711
▲ ADDINGVANGUARD INDEX FUNDS-Vanguard Extended Market+7.8%+194,040
▲ ADDINGFidelity Salem Street Trust-Fidelity Small Ca+7.8%+168,507
★ NEW POSIVANGUARD INDEX FUNDS-Vanguard Small-Cap GrowtNEW+804,541
▬ HOLDiShares Trust-iShares Russell 2000 Growth ETF-3.3%-51,932
▬ HOLDFidelity Concord Street Trust-Fidelity Extend-1.0%-13,639
- Institutional ownership: 68.5%
- Smart money flow: 8 adding / 1 selling / 1 hold
- Net shares added by institutions: +19,019,966
- Biggest mover: Vanguard Group Inc added 6,445,648 shares (+36.4%)
🕶 Short Interest & Dark Pool 做空 & 暗池
Short interest as % of float and days-to-cover. Rising SI = bearish pressure. High SI + decreasing = shorts covering (bullish). Squeeze risk rated by SI level.
SHORT INTEREST (% OF FLOAT)
0%10%20%30%+
⚠ Extreme short interest — heavy bearish conviction. However, high SI + declining trend could trigger a short squeeze if a catalyst appears (earnings beat, analyst upgrade, sector rotation).
- Short interest: 30.6% of float
- Days to cover: 4.6
- Short interest MoM: ↓ 2.0%
- Squeeze risk: HIGH