IWM institutional options flow analysis — multi-leg block trades, dominant direction, and gamma analysis from the public options tape for February 20, 2026. Articles older than 15 days are public; a free account reads yesterday's flow in full, and Pro or AIme Premium reads today's unusual options trades with no delay.

IWM Unusual Options Activity — 2026-02-20

Institutional flow on 2026-02-20

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

$19.7M2 trades
Long Put

Trade Details

BUY$251 PUT20260320$10.0MLong Put
BUY$250 PUT20260320$9.7MLong Put

The Options Desk tracks the move options price into every US earnings report the week of Sep 7, 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.