NEUTRAL — WATCH
No clear whale direction for ETN. Bullish and bearish signals roughly cancel out. Insiders are net buyers (60,369 shares bought vs 35,062 sold) — bullish conviction from management. Strong institutional ownership at 87.9% with 3 of 10 top holders actively accumulating this quarter.
Action Plan
- Hold existing positions — no strong directional signal
- Wait for clearer whale activity before adding
- 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)
0.8
NEUTRAL
Unusual Strikes — Vol/OI > 3x (2C / 6P)
PUT$3882026-05-224181527.9x
PUT$3982026-05-224222914.6x
CALL$4122026-05-2914114.0x
PUT$4082026-05-2941313.7x
PUT$4102026-05-293984.9x
PUT$4402026-05-221744.2x
PUT$3752026-05-2283223.8x
CALL$4182026-05-222473.4x
High Volume Contracts — Vol > 500 (4 contracts)
CALL$1802026-06-181,440
PUT$3402026-05-221,220
CALL$4602026-06-18919
CALL$4402026-06-18644
- Put/Call volume ratio: 0.8 (bullish)
- Total options volume: 8,831 (calls 4,904 / puts 3,927)
- Top unusual: PUT $387.5 exp 2026-05-22 — vol/OI 27.9x
- 8 unusual strikes detected (2C / 6P)
👤 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.
Recent Insider Transactions (1 buys / 4 sells / 0 grants)
SELLGALVAO ANTONIO4942026-05-13
BUYJOHNSON GERALD9612026-05-11
SELLDENK PETER2,0002026-05-06
SELLMONESMITH HEATH B18,3672026-05-06
SELLYELTON MICHAEL3,4942026-03-02
- Insider buying: 60,369 shares
- Insider selling: 35,062 shares
- 41 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
87.9%
ACCUMULATION vs DISTRIBUTION
30% ACCUMULATING
70% DISTRIBUTING
NET SHARES FLOW
+15,732,740
Institutional Position Changes (QoQ)
★ NEW POSITIONVanguard Capital Management LLC6.50%NEW+12,623,058
★ NEW POSITIONVanguard Portfolio Management LLC2.37%NEW+4,592,796
▲ ADDINGJPMORGAN CHASE & CO4.97%+6.2%+1,121,659
▬ HOLDBlackrock Inc.7.87%+3.9%+1,149,337
▬ HOLDMorgan Stanley3.34%+1.6%+201,875
▬ HOLDRaymond James Financial, Inc.1.42%+3.4%+181,863
▬ HOLDGeode Capital Management, LLC2.23%+0.6%+49,064
▬ HOLDState Street Corporation4.34%-0.5%-83,027
▼ TRIMMINGBank of America Corporation2.97%-8.3%-1,041,223
▼▼ HEAVY SELLFMR, LLC2.29%-25.6%-3,062,662
ETF & Mutual Fund Flow (1 adding / 0 selling)
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Total Stock Mar-0.4%-46,568
▬ HOLDVANGUARD INDEX FUNDS-Vanguard 500 Index Fund+2.0%+190,165
▬ HOLDiShares Trust-iShares Core S&P 500 ETF+0.8%+40,601
▬ HOLDFidelity Concord Street Trust-Fidelity 500 In+0.3%+17,300
▬ HOLDSPDR S&P 500 ETF TRUST-State Street SPDR S&P +3.0%+137,091
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Value Index Fun+2.2%+78,308
▲ ADDINGJPMorgan Trust II-JPMorgan Equity Income Fund+6.7%+158,562
▬ HOLDVANGUARD INSTITUTIONAL INDEX FUNDS-Vanguard I-1.8%-40,398
▬ HOLDSELECT SECTOR SPDR TRT-State Street Industria+0.5%+9,928
▬ HOLDVANGUARD SPECIALIZED FUNDS-Vanguard Dividend +1.1%+22,999
- Institutional ownership: 87.9%
- Smart money flow: 3 adding / 2 selling / 5 hold
- Net shares added by institutions: +15,732,740
- Biggest mover: Vanguard Capital Management LLC added 12,623,058 shares (+100.0%)
🕶 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%+
- Short interest: 2.1% of float
- Days to cover: 3.5
- Short interest MoM: ↓ 9.5%
- Squeeze risk: MINIMAL