If I'm a market maker saying "sure I'll sell you 10k contracts on an option with 100 OI." Reddit Sentiment WallStreetBets Trends Option Flow BTFD Bot FD Rankr Strategy Room (Watchlist) Options. Included with each trade is the trade price and size, the exchange where the trade printed, the NBBO quote and depth, the underlying bid and ask, and each of the individual exchange markets. Three Signs Of Unusual Options Activity Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual.. Trade-alert is pretty much the standard scanner for unusual options activity, for most full time traders I know. How to spot "unusual" options activity? FlowAlgo alerts you as notable orders take place on the stock and equity options markets. How does it inform your choice of trades, strikes, or directional bias? Simple, yet powerful tools & analytics to help you understand stock market sentiment. for example, today someone(s) bought 4200 macy's calls, which was way more than any day this week, and so pete decided he was going to try to ride the coat tails and buy some himself. Select a subscription plan to access historical and intraday data. A 35% spike in a day may be a 40% drop in a week. Using options as a predictive indicator is more effective when applied to individual issues, rather than to broad indices or the market as a whole. Using Unusual Options Activity The other day u/CoquettishValley asked about Unusual Activity scanners , like the ones available at BarChart . Unusual Option Activity for Dec-17-2020 SILJ, INFN, PLUG, TSLA... Read More . I've been watching that page for a while (several months) to see how various underlyings perform after being listed as having unusual activity and I can't seem to figure a way to use it. Press question mark to learn the rest of the keyboard shortcuts. This informed activity is usually initiated by hedge funds and institutional traders. PROFILE; CONTROL PANEL; LOGOUT; SwaggyStocks. ), New comments cannot be posted and votes cannot be cast, Let's Talk About: Earnings season is a time when there are many stocks that have unusual options activity. you might be familiar with jon and pete najarian (pete actually used to play pro football), who are frequent guests that often report on "unusual" options activity. The Greeks -- Let’s face it, there is a lot of noise coming through the tape. And yeah you could also get lucky and catch something like the EFX puts that were purchased prior to the announcement. Try Two Weeks for $37. 11:03AM : How the tale of Reddit, GameStop, Robinhood is really about these bigger trends . Our data is provided by 3rd party providers and in no … Current Plays and Ideas -- The predictive approach toward options activity says this information may actually reveal what the “smart money” is doing. Remove the noise and zone in on what truly matters. definitely not a 1:1 spread, at the very least. × Your free unusual options activity stream is delayed by a few hours. The volume of options activity refers to the number of contracts traded over a given time period. It could be a front-run on a buy-out or something but I haven't found any usefulness in this as an indicator, personally. hey all, like most of us (i assume), i watch a decent amount of CNBC. At the time of the trade, the stock was trading at $17.50. Posted by Noetic Options. The other day u/CoquettishValley asked about Unusual Activity scanners, like the ones available at BarChart. Two week trial offer ends July 15th. Unusual trading activity could push option prices to exaggerated or underestimated levels. he never trades retail, so that's one of the things that made me think he wasn't just creeping through individual companies' options chains. Reddit-fueled saga a very poor way to stick it to the man, says expert. Usually for earnings. by unusual, they mean large. Was it part of a spread? is this partially a function of other people seeing the same thing, you getting in before them, and profiting off of an IV increase? FlowAlgo alerts you as notable orders take place on the stock and equity options markets. They're professional option flow traders. Implied Volatility - Implied Volatility (IV) is the estimated volatility of the underlying stock over the period of the option. How do you use such unusual activity tools in your trading? After the option alert, the stock price moved up to $22.28. because otherwise, what's the profit mechanism? Unusual Option Activity for Dec-30-2020 . Do some due diligence. Not really sure why they would be for 3/5 and not 3/19 tbh . Unusual options activity occurs when a certain contract on a specific series experiences unusually high volume. What is UOA good for? Very high put volume in Mattel right now, probably because ToysRUs closing. After the option alert, the stock price moved up to $136.87. This happens because, depending on the financial numbers expected to be released, any existing call options may start to drift closer to an “in the money” position. Options Fundamentals -- the price of the underlying mathematically determines the price of the derivative, not the other way around (although maybe some people look at derivatives as indicators to buy or sell the underlying? Follow them on Twitter as well. Many times you can use the momentum from a large options order to day trade the stock is one common strategy. Where do you find the volume vs open interest? There are many web-sites that provide this information for free, and I will list them later. IV can help traders determine if options are fairly valued, undervalued, or overvalued. While there are lots of regular options trading that happens everyday, unusual options activity is when abnormally large options trades are made, usually as a large bet or for hedging. What do we track? Uncover unusual options activity and follow the smart money in real time. Intelligent order tracking. It helps to pay attention to what strike price the large amount of open interest calls/puts are on. On CNBC's "Fast Money Halftime Report," Pete Najarian shared the unusual options activity he has been tracking since this morning. Stocks bounce/recover in both directions. Built to empower the retail trader. @speedycalls is also good if you're using twitter. When examining unusual options activity (specifically call buying), I am looking for these signals: Big call buying in comparison to normal trading volume; Large amounts of money put at risk by the call buyer; Repeated bullish activity day after day. More importantly, I'm curious as to how much of the high volume was on the bid price versus the ask price. Made 21% on them so far, but expect to make much more depending on how the flow turns out over the next week since this last move up. Advanced Groupings. The Greeks -- Are they really bullish? Optionsonar provides you with stock option scanners (sweeps, blocks, new & opening positions scanners + more) that automate and alert you when liquid option … Options Fundamentals -- But hard to predict the price direction. Unusual Options Activity is popular data some traders like to use when informing their trading decision. When My Unusual Options Activity Scanner Sees Bull Risk Reversals. To know that, you need to look at the price paid versus the bid(sell) or ask(buy).