What does unusual option activity tell?
Table of Contents
What does unusual option activity tell?
Unusual options activity is simply identifying specific options contracts that are trading a high amount of volume relative to the contract’s average daily volume. This means that the buyers of these huge options positions expect a move to be made before the expiration date.
Is unusual option activity a good thing?
They can represent a bet on the direction of the underlying stock in the short term. Unusual options activity can also be used as a hedge, therefore it’s best to use in combination with other indicators to understand the potential direction of the stock.
How much does market rebellion cost?
Market Rebellion’s Subscription and Coaching Fees
| Service | Cost |
|---|---|
| Enhanced Pro versions of those services | $1,995/yr |
| Unusual Option Activity service | $4,995/yr |
| 1-on-1 Trader Coaching | $300/hr with discounts over 10 hours |
| Market Rebels Crypto service | $295/yr or $29.95/mo |
What is UOA trading?
Unusual options activity, also known as UOA, occurs when there is an unusually large number of options traded for a given stock. It could be an indication that someone is making a large and aggressive bullish or bearish bet on a particular stock.
What is a sweeper option?
An option sweep is a market order that is split into various sizes to take advantage of all available contracts at the best prices currently offered across all exchanges. By doing so, the trader is “sweeping” the order book of multiple exchanges until the order is filled completely.
How do I scan for unusual volume?
To see the unusual options volume scan, click the ‘unusual volume’ tag, and then click on the ‘edit’ button for the scan you’d like. From there, you can sort, add columns, remove results, and make some adjustments to find better what you are looking for and how to trade it.
What is sizzle index in TOS?
Sizzle Index is a thinkorswim feature that allows you to find stock symbols that currently see an increase in the number of options traded compared to the last five days’ average.
Where can I track options activity?
Unusual Call Options Activity on 11/29/2021
| Company | Current Price | Average Stock Volume |
|---|---|---|
| VIRT Virtu Financial | $28.55 -1.9\% | 1.38 million |
| WWD Woodward | $109.11 +1.0\% | 272,046 |
| CTRN Citi Trends | $78.25 +0.1\% | 171,238 |
| ALDX Aldeyra Therapeutics | $7.16 -6.8\% | 612,314 |
What is unusual options activity?
Unusual options activity is simply identifying specific options contracts that are trading a high amount of volume relative to the contract’s average daily volume.
How can I scan for unusual activity on options?
The first steps can be made using free tools, but meaningful option activity scans are complex. You need to filter the results from hundreds of options trades with unusual volume down to the few relevant cases. 1. Optionsonar
What is the unusual options signals tool?
The Unusual Options Signals tool is designed specifically for helping you to get alerts on unusual options activity. These real-time alerts can be filtered by Watchlists, float, price, volume, and more. You can also choose what type of alerts you receive, including desktop, audio, or synthesized voice.
How do traders identify unusual options activity?
Back in the days when most trading was done on the floor, traders identified an unusual options activity (or any security for that matter) was through open outcry: shouting and hand signals. When the level of activity within an option dramatically picked up, that was a sign that someone was loading up, and probably knew something.