Category Archives: Weekly Pulse

Weekly options flow + dark pool imbalance report. Sector heatmaps, multi-day accumulation and distribution, unusual activity flags. Published Saturday morning.

Weekly Pulse — Week of August 3–7, 2026

MPI 60 Bull · early – Low confidence SMDS 71.1

Weekly Pulse – Week of Aug 3-7, 2026 – Free-source build

Bull · early regime held; net call premium 1.8x put across 5 sessions; no single-name positioning carried through the week.

Honest framing. Retrospective read on closing positioning. Not a forecast, not a recommendation. Where readings are degraded, the data-quality strip and footnote flag it.
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.

MPI

60

▲ Sideways

Regime

Bull · early

Low confidence

Key Level

SPY $773

Above gamma flip

Call Premium

$24.48B

vs Put $13.63B

P/C Volume

0.66

ratio

EOD Tide

-$338.6M

closed mid-range (chop)

Sector TapeClose · net options premium

ETF · SectorDay %Call premPut premNet
SPY S&P 500 (broad market) +0.61% $1.32B $721.9M $594.6M
XLB Materials +1.32% $1.6M $760.2K $861.0K
XLC Communication Services +0.06% $952.4K $64.1K $888.3K
XLE Energy -1.13% $8.1M $3.9M $4.3M
XLF Financials -0.36% $7.3M $2.0M $5.3M
XLI Industrials +0.23% $1.2M $2.2M -$931.2K
XLK Technology +1.42% $12.2M $2.9M $9.3M
XLP Consumer Staples +0.01% $1.9M $782.1K $1.2M
XLRE Real Estate +0.38% $23.3K $6.3K $17.0K
XLU Utilities +0.53% $2.5M $1.1M $1.4M
XLV Health Care +0.75% $4.1M $402.1K $3.7M
XLY Consumer Discretionary +1.49% $2.0M $3.8M -$1.8M

ConcentrationTop single-name net premium

Tech anchors

  • MU-$784.9K
  • NVDA+$668.0K
  • TSLA-$193.3K
  • META+$186.6K
  • AAPL+$162.5K

Non-tech anchors

  • SPXW-$7.3M
  • SPX-$4.2M
  • SNDK-$2.1M
  • RUTW+$1.4M
  • SPCX+$1.1M

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

TickerTotal premiumMega-prints (≥100K)Print count
SPY $4.31B 9 500
MSFT $2.37B 5 500
NVDA $1.35B 12 500
AVGO $1.08B 4 500
QQQ $951.2M 6 500
META $808.5M 4 500
AMZN $751.0M 2 500
AMD $557.9M 1 500
AAPL $546.0M 6 500
TSLA $468.1M 2 500

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

Technology -662M selling
Financial Services -602M selling
Healthcare -516M selling
Industrials -240M selling
Consumer Cyclical -159M selling
Energy -143M selling
Communication Services -115M selling
Consumer Defensive -96M selling
Basic Materials -43M selling
Real Estate -38M selling
Utilities -19M selling

Heaviest selling in Technology.

What ChangedSession deltas

  • ▲ Week call-premium total $24.48B vs put $13.63B = 1.8x call-heavy.
  • ▲ Consumer Discretionary (XLY) closed Fri at $119.86 (+1.49%).
  • ● Five-session window covered: 2026-08-03 through 2026-08-07.

Next Session CatalystsEyes on the tape

No major confirmed catalysts · week of Aug 10-14

View full data appendix →

Sector heatmap · Concentration · Dark pool · By-the-numbers

Data Quality & MethodologyOpen by design

Public-source pipeline. Built on end-of-day option chains, CBOE daily volume summary, FINRA OTC Transparency (T-14 lag), SEC EDGAR Form 4 filings, and our internal MPI snapshot. Zero proprietary data dependency.
Reduced-input session. 2 input sources not available for this session. Read with appropriate caution.
Public data inputs: end-of-day option chains – CBOE Daily Volume Summary – FINRA OTC Transparency (T-14) – SEC EDGAR Form 4 – Not investment advice.
Honest framing. No model weights, lookback windows, or methodology internals are exposed. Model confidence framing reflects internal consistency across inputs, not a probabilistic forecast of any specific outcome.
Disclaimer. Retrospective quantitative research for informational purposes only. Not investment advice, not a recommendation, not a solicitation. Past patterns are not indicative of future price behavior. AZTMM HLDGS LLC is not a registered broker-dealer, investment adviser, or FINRA member. Options trading involves substantial risk and can result in losses exceeding initial investment.

Weekly Pulse — Week of July 27–31, 2026

MPI 55 Sideways – Low confidence SMDS 60.6

Weekly Pulse – Week of Jul 27-31, 2026 – Free-source build

Sideways regime held; call/put premium ran roughly balanced; no single-name positioning carried through the week.

Honest framing. Retrospective read on closing positioning. Not a forecast, not a recommendation. Where readings are degraded, the data-quality strip and footnote flag it.
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.

MPI

55

▲ Sideways

Regime

Sideways

Low confidence

Key Level

SPY $747

Above gamma flip

Call Premium

$24.53B

vs Put $19.04B

P/C Volume

0.82

ratio

EOD Tide

$144.6M

closed mid-range (chop)

Sector TapeClose · net options premium

ETF · SectorDay %Call premPut premNet
SPY S&P 500 (broad market) +0.72% $1.20B $1.36B -$155.7M
XLB Materials -2.34% $263.6K $736.8K -$473.1K
XLC Communication Services +1.56% $402.5K $80.8K $321.7K
XLE Energy +1.00% $7.4M $3.0M $4.4M
XLF Financials -0.11% $12.3M $5.0M $7.3M
XLI Industrials +0.81% $1.0M $433.4K $567.9K
XLK Technology -0.22% $5.8M $5.5M $301.7K
XLP Consumer Staples -0.49% $1.1M $1.9M -$795.8K
XLRE Real Estate -0.51% $51.8K $20.2K $31.6K
XLU Utilities -0.69% $440.1K $637.5K -$197.4K
XLV Health Care -0.59% $2.1M $740.6K $1.4M
XLY Consumer Discretionary +3.29% $574.1K $1.3M -$739.6K

ConcentrationTop single-name net premium

Tech anchors

  • QQQ-$3.7M
  • NVDA+$1.2M
  • SMH+$1.1M
  • INTC+$1.1M
  • AAPL+$826.4K

Non-tech anchors

  • SPXW-$6.2M
  • SPX-$5.6M
  • IWM-$1.3M
  • MAGS+$975.0K
  • SNDK+$831.6K

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

TickerTotal premiumMega-prints (≥100K)Print count
SPY $5.00B 24 500
MSFT $1.97B 10 500
QQQ $1.64B 9 500
NVDA $1.46B 12 500
AAPL $1.35B 8 500
AMZN $806.9M 6 500
AVGO $796.4M 6 500
GOOGL $635.5M 5 500
AMD $534.5M 1 500
IWM $466.1M 5 500

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

Technology -534M selling
Consumer Cyclical -299M selling
Financial Services -140M selling
Healthcare -91M selling
Industrials -89M selling
Consumer Defensive -65M selling
Communication Services -45M selling
Basic Materials -28M selling
Real Estate -20M selling
Utilities -7M selling
Energy -7M selling

Heaviest selling in Technology.

What ChangedSession deltas

  • ▲ Week call-premium total $24.53B vs put $19.04B = 1.3x call-heavy.
  • ▲ Consumer Discretionary (XLY) closed Fri at $116.09 (+3.29%).
  • ● Five-session window covered: 2026-07-27 through 2026-07-31.

Next Session CatalystsEyes on the tape

No major confirmed catalysts · week of Aug 3-7

View full data appendix →

Sector heatmap · Concentration · Dark pool · By-the-numbers

Data Quality & MethodologyOpen by design

Public-source pipeline. Built on end-of-day option chains, CBOE daily volume summary, FINRA OTC Transparency (T-14 lag), SEC EDGAR Form 4 filings, and our internal MPI snapshot. Zero proprietary data dependency.
Reduced-input session. 2 input sources not available for this session. Read with appropriate caution.
Public data inputs: end-of-day option chains – CBOE Daily Volume Summary – FINRA OTC Transparency (T-14) – SEC EDGAR Form 4 – Not investment advice.
Honest framing. No model weights, lookback windows, or methodology internals are exposed. Model confidence framing reflects internal consistency across inputs, not a probabilistic forecast of any specific outcome.
Disclaimer. Retrospective quantitative research for informational purposes only. Not investment advice, not a recommendation, not a solicitation. Past patterns are not indicative of future price behavior. AZTMM HLDGS LLC is not a registered broker-dealer, investment adviser, or FINRA member. Options trading involves substantial risk and can result in losses exceeding initial investment.

Weekly Pulse — Week of July 20–24, 2026

MPI 55 Sideways – Low confidence SMDS 57.6

Weekly Pulse – Week of Jul 20-24, 2026 – Free-source build

Sideways regime held; call/put premium ran roughly balanced; no single-name positioning carried through the week.

Honest framing. Retrospective read on closing positioning. Not a forecast, not a recommendation. Where readings are degraded, the data-quality strip and footnote flag it.
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.

MPI

55

▲ Sideways

Regime

Sideways

Low confidence

Key Level

SPY $739

Above gamma flip

Call Premium

$18.01B

vs Put $19.81B

P/C Volume

0.87

ratio

EOD Tide

$300.3M

closed at session lows (steady distribution)

Sector TapeClose · net options premium

ETF · SectorDay %Call premPut premNet
SPY S&P 500 (broad market) +0.10% $915.7M $1.16B -$244.3M
XLB Materials +1.93% $362.7K $528.9K -$166.1K
XLC Communication Services +0.87% $488.1K $283.9K $204.2K
XLE Energy +0.40% $13.2M $9.9M $3.3M
XLF Financials +0.86% $5.0M $3.6M $1.4M
XLI Industrials +0.40% $1.1M $521.8K $534.5K
XLK Technology -1.44% $4.9M $6.5M -$1.6M
XLP Consumer Staples +1.11% $909.2K $1.4M -$472.2K
XLRE Real Estate +2.22% $2.6M $18.0K $2.5M
XLU Utilities +0.22% $856.5K $770.4K $86.1K
XLV Health Care +0.70% $2.0M $1.1M $886.3K
XLY Consumer Discretionary +0.60% $233.4K $1.5M -$1.3M

ConcentrationTop single-name net premium

Tech anchors

  • ORCL-$2.1M
  • MU-$812.4K
  • QQQ+$566.3K
  • NVDA+$406.9K
  • TSLA+$399.5K

Non-tech anchors

  • NBIS-$37.1M
  • SPXW-$8.1M
  • SPY-$5.8M
  • SNDK-$635.9K
  • SPCX+$580.1K

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

TickerTotal premiumMega-prints (≥100K)Print count
SPY $2.01B 13 500
QQQ $1.72B 10 500
MSFT $766.8M 2 500
NVDA $763.7M 8 500
AAPL $743.9M 4 500
GOOGL $720.1M 4 500
AVGO $541.1M 3 500
AMZN $373.9M 2 500
META $359.6M 0 500
IWM $309.0M 1 500

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

Technology -515M selling
Consumer Cyclical -150M selling
Financial Services -63M selling
Healthcare -56M selling
Communication Services -55M selling
Industrials -50M selling
Real Estate -22M selling
Consumer Defensive -22M selling
Basic Materials -7M selling
Utilities -7M selling
Energy -3M selling

Heaviest selling in Technology.

What ChangedSession deltas

  • ▼ Week call-premium total $18.01B vs put $19.81B = 1:1.1 put-heavy.
  • ▲ Real Estate (XLRE) closed Fri at $45.95 (+2.22%).
  • ● Five-session window covered: 2026-07-20 through 2026-07-24.

Next Session CatalystsEyes on the tape

No major confirmed catalysts · week of Jul 27-31

View full data appendix →

Sector heatmap · Concentration · Dark pool · By-the-numbers

Data Quality & MethodologyOpen by design

Public-source pipeline. Built on end-of-day option chains, CBOE daily volume summary, FINRA OTC Transparency (T-14 lag), SEC EDGAR Form 4 filings, and our internal MPI snapshot. Zero proprietary data dependency.
Reduced-input session. 2 input sources not available for this session. Read with appropriate caution.
Public data inputs: end-of-day option chains – CBOE Daily Volume Summary – FINRA OTC Transparency (T-14) – SEC EDGAR Form 4 – Not investment advice.
Honest framing. No model weights, lookback windows, or methodology internals are exposed. Model confidence framing reflects internal consistency across inputs, not a probabilistic forecast of any specific outcome.
Disclaimer. Retrospective quantitative research for informational purposes only. Not investment advice, not a recommendation, not a solicitation. Past patterns are not indicative of future price behavior. AZTMM HLDGS LLC is not a registered broker-dealer, investment adviser, or FINRA member. Options trading involves substantial risk and can result in losses exceeding initial investment.
Method note. Weekly synthesis aggregates the five Daily Pulse sessions (Jul 20–24, 2026). Flow and dark-pool data referenced in those sessions sourced from Unusual Whales. MPI score and regime classifier are our internal composite; synthesis is AI-assisted from those inputs. This is research, not advice.

Weekly Pulse — Week of July 13–17, 2026

MPI 40 Bear · early – Low confidence SMDS 57.6

Weekly Pulse – Week of Jul 13-17, 2026 – Free-source build

Bear · early regime held; call/put premium ran roughly balanced; no single-name positioning carried through the week.

Honest framing. Retrospective read on closing positioning. Not a forecast, not a recommendation. Where readings are degraded, the data-quality strip and footnote flag it.
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.

MPI

40

▲ Sideways

Regime

Bear · early

Low confidence

Key Level

SPY $743

Watch gamma flip

Call Premium

$29.97B

vs Put $27.14B

P/C Volume

0.86

ratio

EOD Tide

$17.3M

closed at session lows (steady distribution)

Sector TapeClose · net options premium

ETF · SectorDay %Call premPut premNet
SPY S&P 500 (broad market) -0.99% $1.13B $1.54B -$410.9M
XLB Materials -0.71% $426.8K $273.6K $153.2K
XLC Communication Services -1.78% $916.4K $636.7K $279.6K
XLE Energy +1.16% $15.5M $2.1M $13.4M
XLF Financials -0.86% $7.5M $3.5M $4.1M
XLI Industrials -0.41% $2.0M $1.6M $441.3K
XLK Technology -1.09% $11.8M $9.3M $2.5M
XLP Consumer Staples -0.72% $2.1M $1.7M $351.2K
XLRE Real Estate -0.09% $30.0K $21.6K $8.3K
XLU Utilities -0.66% $1.4M $1.1M $306.4K
XLV Health Care -0.44% $9.4M $4.6M $4.9M
XLY Consumer Discretionary -1.62% $746.2K $439.4K $306.8K

ConcentrationTop single-name net premium

Tech anchors

  • QQQ+$2.0M
  • MSFT-$572.3K
  • AAPL+$518.5K
  • META+$365.9K
  • TSM-$351.3K

Non-tech anchors

  • SPX+$43.9M
  • SPY-$13.5M
  • IWM-$2.4M
  • SNDK+$1.5M
  • RUTW+$1.4M

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

TickerTotal premiumMega-prints (≥100K)Print count
SPY $4.27B 15 500
AAPL $1.46B 11 500
QQQ $1.25B 11 500
NVDA $1.16B 17 500
MSFT $1.03B 5 500
AMD $986.9M 3 500
AMZN $956.0M 5 500
GOOGL $908.3M 5 500
META $875.0M 3 500
AVGO $796.1M 2 500

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

Technology -747M selling
Consumer Cyclical -190M selling
Communication Services -157M selling
Healthcare -44M selling
Industrials -34M selling
Real Estate -22M selling
Utilities -8M selling
Consumer Defensive -7M selling
Energy -4M selling
Basic Materials -2M selling
Financial Services 265M buying

1 of 11 sectors net-buying. Heaviest selling in Technology. Net buying in Financial Services.

What ChangedSession deltas

  • ▲ Week call-premium total $29.97B vs put $27.14B = 1.1x call-heavy.
  • ▲ Energy (XLE) closed Fri at $57.68 (+1.16%).
  • ● Five-session window covered: 2026-07-13 through 2026-07-17.

Next Session CatalystsEyes on the tape

No major confirmed catalysts · week of Jul 20-24

View full data appendix →

Sector heatmap · Concentration · Dark pool · By-the-numbers

Data Quality & MethodologyOpen by design

Public-source pipeline. Built on end-of-day option chains, CBOE daily volume summary, FINRA OTC Transparency (T-14 lag), SEC EDGAR Form 4 filings, and our internal MPI snapshot. Zero proprietary data dependency.
Reduced-input session. 2 input sources not available for this session. Read with appropriate caution.
Public data inputs: end-of-day option chains – CBOE Daily Volume Summary – FINRA OTC Transparency (T-14) – SEC EDGAR Form 4 – Not investment advice.
Honest framing. No model weights, lookback windows, or methodology internals are exposed. Model confidence framing reflects internal consistency across inputs, not a probabilistic forecast of any specific outcome.
Disclaimer. Retrospective quantitative research for informational purposes only. Not investment advice, not a recommendation, not a solicitation. Past patterns are not indicative of future price behavior. AZTMM HLDGS LLC is not a registered broker-dealer, investment adviser, or FINRA member. Options trading involves substantial risk and can result in losses exceeding initial investment.