Net premium is not a call-versus-put volume ratio
Unusual Whales describes net flow using premium executed near the ask and bid. Ask-side call premium adds to net call premium; bid-side call premium subtracts from it. Net put premium is tracked separately. These signed dollar values differ from raw contract counts or the percentage of all premium spent on calls.
For example, suppose reported net call premium is +$4 million and net put premium is -$1 million. Pineify’s directional net calculation gives +$5 million: $4 million minus negative $1 million. This is an illustrative calculation, not a current reading or a prediction.
What Pineify displays
Open Market Insights and select Market Tide. The dashboard contains net call and put premium series, summary cards, top net impact, and sector views. Available date and chart controls depend on account access. Full Market Insights data requires Expert or above; lower plans may show a restricted preview.
The directional summary subtracts net put premium from net call premium. Its sentiment label compares that value with the average of up to five recent observations; the stronger labels use a 1.5-times threshold. This is a display rule, not a measured probability of a profitable trade.
The main tide view polls once per minute when its polling conditions permit. Other panels use different intervals, and the API caches responses. Page refresh time is not the exchange execution time. Check the selected date, source timestamps, and missing-data state before interpreting a change.
What the data cannot establish
Execution-side classification does not identify the trader or reliably reconstruct a complete portfolio. A trade may belong to a spread, a hedge, or a closing transaction. A call can be bought or sold, and both can be part of a broader position.
A market aggregate can disagree with a single ticker without either observation being wrong. Compare matching dates, intervals, and coverage, then inspect the contract-level evidence. No fixed call-premium percentage establishes that institutions are bullish or that a price move will follow.
This page explains the options-premium meaning of Market Tide. A TradingView script with a similar name can use a different formula. Read its source or documentation before treating the two outputs as equivalent.