Weekly Pulse – Week of Jun 22-26, 2026 – Free-source build
Sideways regime held; call/put premium ran roughly balanced; no single-name positioning carried through the week.
How to read this Pulse
KPI strip → Sector tape → Concentration (top single-name net premium) → This Week’s Tell → Dark-pool prints (FINRA T-14) → What changed → Next session catalysts → Data quality + methodology + disclaimer. The KPI strip carries the headline reads; the rest is the structure beneath them.
Key Level
SPY $729
Watch gamma flipCall Premium
$25.19B
vs Put $20.91BP/C Volume
0.89
ratioSector TapeClose · net options premium
| ETF · Sector | Day % | Call prem | Put prem | Net |
|---|---|---|---|---|
| SPY S&P 500 (broad market) | -0.72% | $1.15B | $1.29B | -$138.0M |
| XLB Materials | -0.46% | $800.2K | $58.7K | $741.5K |
| XLC Communication Services | +0.57% | $302.3K | $663.1K | -$360.8K |
| XLE Energy | -0.46% | $3.8M | $3.1M | $691.8K |
| XLF Financials | +0.22% | $6.2M | $3.9M | $2.3M |
| XLI Industrials | -1.59% | $1.2M | $611.7K | $628.6K |
| XLK Technology | -1.87% | $6.4M | $4.8M | $1.5M |
| XLP Consumer Staples | +0.92% | $1.8M | $1.3M | $501.2K |
| XLRE Real Estate | +1.46% | $80.7K | $1.1K | $79.6K |
| XLU Utilities | +0.76% | $1.9M | $391.9K | $1.6M |
| XLV Health Care | +3.03% | $13.5M | $3.3M | $10.3M |
| XLY Consumer Discretionary | +0.90% | $780.8K | $863.1K | -$82.3K |
ConcentrationTop single-name net premium
Tech anchors
- QQQ-$3.0M
- MU+$2.0M
- MSFT-$619.0K
- ORCL+$354.9K
- TSLA+$259.4K
Non-tech anchors
- SPX-$15.3M
- SPXW-$3.8M
- SPY-$2.9M
- SOXX-$2.4M
- IWM-$1.6M
This Week’s TellStandout single-name positioning
Quiet Tape
No standout single-name positioning today.
Flow distributed evenly across index products. No single ticker accumulated the kind of one-sided ask-side imbalance or concentrated dark-pool absorption that draws institutional attention. Tape stayed in observation mode.
Dark-Pool TellsFINRA OTC ATS · T-14 lag
| Ticker | Total premium | Mega-prints (≥100K) | Print count |
|---|---|---|---|
| AAPL | $21.93B | 58 | 500 |
| MSFT | $21.22B | 48 | 500 |
| AMZN | $19.08B | 58 | 500 |
| GOOGL | $13.50B | 44 | 500 |
| SPY | $9.70B | 41 | 500 |
| NVDA | $5.94B | 43 | 500 |
| AMD | $5.85B | 18 | 500 |
| QQQ | $3.85B | 11 | 500 |
| TSLA | $1.81B | 9 | 500 |
| IWM | $1.50B | 11 | 500 |
FINRA ATS publishes with a T-14 lag — the off-exchange tape here reflects institutional activity two weeks ago, not the current session.
Cross-Sector Insider HeatmapSEC Form 4 net flow – last 5 sessions
Heaviest selling in Healthcare.
What ChangedSession deltas
- ▲ Week call-premium total $25.19B vs put $20.91B = 1.2x call-heavy.
- ▲ Health Care (XLV) closed Fri at $160.34 (+3.03%).
- ● Five-session window covered: 2026-06-22 through 2026-06-26.
Next Session CatalystsEyes on the tape
No major confirmed catalysts · week of Jun 29-3
Sector heatmap · Concentration · Dark pool · By-the-numbers