LEAN BEARISH
Whales showing caution on FLNC. Distribution signals outweigh accumulation. Short interest is elevated at 36.4% of float — significant bearish pressure but squeeze potential exists. Insiders are net sellers (23,010,000 shares sold vs 10,417,897 bought) — management reducing exposure. Strong institutional ownership at 84.5% with 4 of 10 top holders actively accumulating this quarter.
Action Plan
- Avoid new long positions until whale activity shifts
- Insider selling suggests management has near-term concerns
- Consider trimming if position size is large
- Set alerts for insider buying or SI decrease as reversal signals
📈 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)
1.25
BEARISH
Unusual Strikes — Vol/OI > 3x (0C / 4P)
PUT$402026-07-1780516.0x
PUT$122026-07-1712112.0x
PUT$242026-08-217141215.9x
PUT$232026-07-17243723.4x
High Volume Contracts — Vol > 500 (7 contracts)
PUT$52027-01-156,700
CALL$302026-07-171,436
CALL$252026-06-18886
PUT$312026-11-20789
PUT$242026-08-21714
CALL$232026-06-18678
PUT$192026-07-17514
- Put/Call volume ratio: 1.25 (bearish)
- Total options volume: 20,991 (calls 9,321 / puts 11,670)
- Top unusual: PUT $40.0 exp 2026-07-17 — vol/OI 16.0x
- 4 unusual strikes detected (0C / 4P)
👤 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)
10,417,897
SHARES SOLD (6m)
23,010,000
NET INSIDER FLOW
-12,592,103
Recent Insider Transactions (0 buys / 4 sells / 0 grants)
SELLQATAR INVESTMENT AUTHORITY2,867,1722026-05-15
SELLAES CORP.10,066,4142026-05-15
SELLSPT HOLDING SARL10,066,4142026-05-15
SELLVON HEYNITZ HARALD10,0002026-03-18
- Insider buying: 10,417,897 shares
- Insider selling: 23,010,000 shares
- 12 Form 4 filings in last 90 days
- Net insider SELLING — bearish 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
84.5%
ACCUMULATION vs DISTRIBUTION
40% ACCUMULATING
60% DISTRIBUTING
NET SHARES FLOW
+6,177,302
Institutional Position Changes (QoQ)
★ NEW POSITIONVanguard Portfolio Management LLC2.25%NEW+1,492,751
★ NEW POSITIONVanguard Capital Management LLC2.15%NEW+1,427,344
▲▲ HEAVY BUYTwo Sigma Investments, LP4.29%+87.6%+2,660,218
▲▲ HEAVY BUYBank of America Corporation2.32%+24.4%+605,040
▬ HOLDState Street Corporation1.63%+3.7%+76,386
▬ HOLDShaw D.E. & Co., Inc.4.55%+0.9%+53,326
▬ HOLDBlackrock Inc.4.15%+0.2%+12,111
▬ HOLDSiemens Pension Trust E.V.23.91%0.0%0
▬ HOLDSiemens Ag14.86%0.0%0
▼ TRIMMINGConnor Clark & Lunn Investment Management Ltd1.88%-5.7%-149,874
ETF & Mutual Fund Flow (3 adding / 1 selling)
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Total Stock Mar+0.1%+2,060
▲ ADDINGiShares Trust-iShares Russell 2000 ETF+11.8%+174,649
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Small-Cap Index+2.5%+36,720
▬ HOLDFidelity Securities Fund-Fidelity OTC Portfol0.0%0
▼▼ HEAVY SET. Rowe Price New Horizons Fund, Inc.-39.5%-652,672
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Small-Cap Growt+2.0%+16,708
▲ ADDINGFirst TRT Exch-Trd Fd. II-First TRT NASDAQ Cl+12.6%+85,655
▬ HOLDVANGUARD INDEX FUNDS-Vanguard Extended Market+4.9%+33,676
▬ HOLDFidelity Salem Street Trust-Fidelity Small Ca+1.1%+6,560
▲ ADDINGiShares Trust-iShares Russell 2000 Growth ETF+9.7%+41,666
- Institutional ownership: 84.5%
- Smart money flow: 4 adding / 1 selling / 5 hold
- Net shares added by institutions: +6,177,302
- Biggest mover: Two Sigma Investments, LP added 2,660,218 shares (+87.6%)
🕶 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: 36.4% of float
- Days to cover: 1.7
- Short interest MoM: ↓ 11.6%
- Squeeze risk: HIGH