Smart Money Conviction
Cross-asset institutional flow scoring
What Smart Money Conviction is
Smart Money Conviction is a daily leaderboard that asks one question across the whole tape: which symbols are institutions putting capital and attention behind today, and in which direction? Instead of opening a name to gauge flow, dark pool, alert clusters, and Greek positioning one ticker at a time, this page scores and ranks them all in one view so you can start with the names that already have weight behind them.
A conviction row is built from multiple inputs at once—not a single trade. That makes the list less reactive than the live tape and more useful as a shortlist for further work in options flow, unusual activity, and daily analytics.
Availability: Gamma plan and higher
Open it in the app: Smart Money (Sidebar → Smart Money).

How rows are scored
Each row blends four kinds of evidence into a single score and a single direction (bullish, bearish, or neutral):
| Component | What it captures |
|---|---|
| Options Flow | Direction and intensity of premium across calls and puts, with credit for size, urgency, and unusual structure |
| Dark Pool | Off-exchange equity prints (block, ISO, sweep, after-hours) clustered around price |
| Alert Cluster | How many independent unusual-activity signatures are hitting the same name in a short window |
| Greek Positioning | Whether net delta and gamma exposure tilt with—or against—the flow story |
The page also shows Total Premium (options) and Dark Pool Premium (equity off-exchange) per symbol so you can see how much money is actually behind a given conviction score, not just how confidently the score was assigned.
The leaderboard
| Column | Meaning |
|---|---|
| # | Daily rank (1 = highest conviction) |
| Symbol | Underlying ticker (links to its full stock view) |
| Direction | Bullish, bearish, or neutral read combining all four components |
| Score | Composite conviction score for the day |
| Options Flow | Sub-score for the flow component |
| Dark Pool | Sub-score for the dark pool component |
| Alert Cluster | Sub-score for clustering of unusual signals |
| Greek Pos. | Sub-score for net Greek positioning |
| Total Premium | Aggregate options premium that contributed to the score |
| DP Premium | Off-exchange equity dollars that contributed to the score |
| Alerts | Number of distinct unusual prints behind the row |
Header tiles summarize the day: overall Sentiment (bullish vs bearish split), Avg Score, number of Symbols tracked, Total Premium, Dark Pool premium, and Alerts.
How to use it in your routine
Smart Money is most useful as a starting point, not a destination:
- Skim the top 10–20 rows — these are the names where multiple signals are agreeing.
- Check the direction column — bullish vs bearish vs neutral changes how you read everything else.
- Open one or two symbols in options flow, unusual activity, or the stock page to see the underlying prints.
- Cross-reference levels with gamma exposure and dark pool S/R inside the Terminal.
- Pick the date with the date selector to look at how conviction shifted day-over-day on a name you trade.
The leaderboard updates during market hours as new flow and dark pool prints arrive. Outside of market hours you may see a quieter, mostly static board for the prior session.
Inside the Terminal
Smart Money also lives inside the Terminal as a tab in the AI side group, alongside Commentary, Ideas, and Signals. Use the Terminal version when you want conviction rows next to a chart and live flow instead of standalone.
Important context
- A high conviction score is evidence of crowding, not a guarantee of direction—institutions can be wrong, hedging, or closing.
- Dark pool prints are anonymous; the side (buy vs sell) is inferred, never certified.
- Alert clusters can stack quickly around earnings, macro events, or index rebalances—context matters.
- Greek positioning describes dealer exposure, not retail or fund positioning specifically.
Remember: Use Smart Money Conviction to prioritize where you look next, then validate the story with raw flow, news, and your own risk plan before committing capital.
Related: