IWM institutional options flow analysis — multi-leg block trades, dominant direction, and gamma analysis from the public options tape for February 18, 2026. Articles older than 60 days are public; a free account reads back to 30 days, Pro to 5, and AIme Premium reads today's unusual options trades with no delay.

IWM Unusual Options Activity — 2026-02-18

Institutional flow on 2026-02-18

Multi-leg block trades, dominant direction, and gamma analysis

$14.7M2 trades
Close Short PutClose Long Put

Trade Details

BUY$254 PUT20260320$8.1MClose Long Put
SELL$251 PUT20260320$6.6MClose Short Put

The Options Desk tracks the move options price into every US earnings report the week of Sep 14, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.