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Nov 2, 2021 β€’ 9 tweets β€’ 6 min read β€’ Read on X
New @unusual_whales thread 🧡πŸ”₯

Get ready it’s about to get HOT πŸ₯΅

β€’ Intro to UW + live flow feed filter settings πŸ”₯πŸ’°
β€’ How I use my #FireFishing πŸ”₯🎣 strategy to hunt plays with the new Most Active ChainsπŸ”₯ settings
β€’ Breakdown of a recent play using the strategy πŸ“ˆ
Here's some info on pricing:

Use my code REDHOT for 5% OFF πŸ”₯

You can sign up here πŸ‘‡unusualwhales.com/pricing ImageImage
Emojis: all selected except: ETFs, Leaps, Bid Side, Deep ITM, Index Funds

Expiry: the closest 4-5 expirys going by Fridays

Premium Range: I change the this one throughout the day or I have 2-3 different tabs open with minimum premiums set to 50k 100k 200k Image
I call this strategy #FireFishing πŸ”₯🎣
β€’ Go to "πŸ”₯Hot Chains & Tickers"
β€’ Find a ticker with 3 of the hottest chains πŸ₯΅
β€’ Expiries must be within 14dβœ…
β€’ At least 1 of the chains has a strike OTMβœ…
β€’ See $OCGN here for reference πŸ‘‡ Image
🚨 NEW FEATURE 🚨

New "Sectors" & "Caps" Filters on the Most Active Chains page πŸ”₯

Select what sector and what cap size you want to look for and it will show you the Hottest Options Chains for that day πŸ”₯πŸ“ˆ

This allows you to really narrow down your search ImageImage
Ok, let's use the #FireFishing strategy and combine it with the new Most Active Chain filters πŸ”₯

Sector: Financial Services πŸ’°
Cap: Mid 2B-10B
What I like: $MARA
β€’#bullish number of hedge fund positions in this stock currently sits at its all-time high.
β€’ 4/6 Hot Chains OTM Image
Now that we see that $MARA fits the #FireFishing πŸ”₯🎣strategy let's check to see if UW has fired off any alerts recently:

$MARA 67c 11/05
Alerted today 11/1 13:51 @ $0.20
Closed at $0.26
@unusual_whales 🐳 ImageImage
Now from here, I like to bring up the chart πŸ“ˆ
$MARA closed at $55.51 ($55.81 AH)
$57.79 52-Week High πŸš€
RSI curling up βœ…
Above-average volume today (1.5x)
Closed sitting right at the top volume shelf on the daily ImageImage
Now I'm going to use the OPC (Options Price Calculator) to see what it would look like if I took that alert:
Search for the ticker - $MARA
Select "Long Call"
Select Price & Expiry
Determine R/R

You can see the risk is high. Being a weekly call option this is to be expectedπŸ’― ImageImage

β€’ β€’ β€’

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More from @RedHotTrade

Jan 2, 2023
OPTIONS TRADING 101: A THREAD 🧡
What is an option?

An option is a contract that you can purchase that gives you the right to buy or sell stock at an agreed price on or before a particular date Image
What is an option?

An option is a contract that you can purchase that gives you the right to buy or sell stock at an agreed price on or before a particular date Image
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OPTIONS RISK MANAGEMENT: A THREAD 🧡
Trading isn't gambling if you know how to manage risk

POV: You just made a +1,000% gain on your first $SPX options trade. Nice.

I know you feel good but don't get too cocky...

If you don't manage your risk you WILL blow up your account. But how do you do this? Keep reading.
Every single trade that you take must have a clear plan with a defined RISK AND REWARD.

If you're constantly feeling anxious after taking a trade then you probably didn't enter with much of a plan.

Before you enter a trade you should have a trading checklist that you go over:
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Sep 10, 2022
OPTIONS TRADING 101: A THREAD 🧡
What is an option?

An option is a contract that you can purchase that gives you the right to buy or sell stock at an agreed price on or before a particular date
Types of Options:

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Put Option - Gives the option holder the right to SELL shares of a stock, at an agreed-upon price, on or before a particular date
Read 11 tweets
Aug 5, 2022
About a year ago I came up with a beginner-friendly strategy for the @unusual_whales Hot Chains & Tickers page 🐳

Here's an updated thread on #FireFishing πŸ”₯🎣 with recent examples + utilizing the new features UW has to offer 🧡
What is #FireFishing πŸ”₯🎣?

It's a beginner-friendly strategy that utilizes the Hot Chains & Tickers page on @unusual_whales to find the most traded out-of-the-money contracts (cheaper plays) with the most volume/open interest πŸ‘€(people trading/holding them)
β€’ Go to "πŸ”₯Hot Chains & Tickers"
β€’ Find a ticker with 3 of the hottest chains πŸ₯΅
β€’ Expiries must be within 14d βœ…
β€’ At least 1 of the chains has a strike OTM βœ…

See $AAPL in this pic for reference (closed at $165.81 today)
Read 9 tweets
Jul 26, 2022
Want to catch unusual flows like this on $WMT?

Read this thread 🧡
So you keep seeing @unusual_whales post "Somebody always knows" and you're sitting there like this:
An easy way to catch these unusual options buys/sells:

β€’Go to LIVE Flow Alerts" page
β€’Filter in any tickers that pique your interest.
β€’ Leave "All Rules" on
With 1/3 of $SPX reporting earnings this week you could have filtered in any number of these tickers.
Read 5 tweets
Jul 18, 2022
New Thread 🧡

@unusual_whales LIVE Flow Alerts 🚨

How to use it to find unusual activity on any ticker πŸ”½
For transparency: I'm an @unusual_whales affiliate

I used the service way before I became a partner & the team just keeps adding more amazing tools for retail traders.

If you want to sign up, do me a favor and use code "REDHOT" for 5% off. I get some $ and so do you✌️ Image
To find the Live Flow Alerts tab:
β€’ Go to unusualwhales.com
β€’ Navigation (left-hand side)
β€’ Click the πŸ›ŽοΈemoji for Live Flow Alerts Image
Read 14 tweets

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