@unusual_whales posts unusual option alerts throughout the day.
The most consternating thing about them are the emojis, so I'll go through some of the most important ones, as well as defining all of the aspects in an unusual alert.
As always, if you have questions, please ask!
The most consternating thing about them are the emojis, so I'll go through some of the most important ones, as well as defining all of the aspects in an unusual alert.
As always, if you have questions, please ask!
https://twitter.com/unusual_whales/status/1483888115781615620
Please note that these alerts are *NOT* buy or sell signals; they are alerts of unusual activity as determined by the @unusual_whales algorithm/bot.
How alerts work (from the docs!):
- When unusual activity has been detected, these trades are placed into an alert queue.
How alerts work (from the docs!):
- When unusual activity has been detected, these trades are placed into an alert queue.
- Alerts may be trigged by one or more transactions and are not always the movements of a single trader.
- You can view the trade(s) that triggered the alert by opening an alert.
- There may be a delay between transactions that trigged the alert and the alert itself being issued.
- You can view the trade(s) that triggered the alert by opening an alert.
- There may be a delay between transactions that trigged the alert and the alert itself being issued.
Let's break down that alert now:
"$FCX 2022-03-18 C $60"
Ticker | Date | Call or Put | Strike Price
"Underlying: $44.33, % Diff: 35.35%"
Current price it was trading when the alert fired | the % difference b/w the strike of the alert and the underlying price
"$FCX 2022-03-18 C $60"
Ticker | Date | Call or Put | Strike Price
"Underlying: $44.33, % Diff: 35.35%"
Current price it was trading when the alert fired | the % difference b/w the strike of the alert and the underlying price
"🗓️ 🦄 🐻 🦴"
🗓️- a contract with a monthly expiration, 1-12 months out
🦄- company reports its earnings within 7 days
🐻- a bearish alert (ask-side 🛍️ puts, or bid-side🦴 calls)
🦴- a bid-side alert (most volume is at or near the bid price, so more contracts at sell-side)
🗓️- a contract with a monthly expiration, 1-12 months out
🦄- company reports its earnings within 7 days
🐻- a bearish alert (ask-side 🛍️ puts, or bid-side🦴 calls)
🦴- a bid-side alert (most volume is at or near the bid price, so more contracts at sell-side)
Find ALL of the emojis in the Discord (discord.gg/unusualwhales under the channel #🔑-alert-emoji-legend) or on this page: unusualwhales.com/emojis
A few other important ones:
🛍️- ask-side (volume on alerted chain mostly at ask)
🐂- bullish (ask-side 🛍️ calls or bid-side🦴 puts)
A few other important ones:
🛍️- ask-side (volume on alerted chain mostly at ask)
🐂- bullish (ask-side 🛍️ calls or bid-side🦴 puts)
⌛- upcoming ER within 14 days
(compared to)🦄- ER w/in a week!
⚠️- expiration is TODAY
🚀- a weekly that is 5% or more OTM
🎰- same as the above, but 20% or more OTM
🦕- this company has a high short interest
Again, review them all here: unusualwhales.com/emojis
(compared to)🦄- ER w/in a week!
⚠️- expiration is TODAY
🚀- a weekly that is 5% or more OTM
🎰- same as the above, but 20% or more OTM
🦕- this company has a high short interest
Again, review them all here: unusualwhales.com/emojis
Back to the example:
"Bid-Ask: $0.27 - $0.28"
The lowest price a seller would accept ($0.27) and the highest price a buyer is willing to pay ($0.28) for this option contract.
"Interest: 258"
Open Interest (OI) - total open contracts - please read more at
"Bid-Ask: $0.27 - $0.28"
The lowest price a seller would accept ($0.27) and the highest price a buyer is willing to pay ($0.28) for this option contract.
"Interest: 258"
Open Interest (OI) - total open contracts - please read more at
https://twitter.com/Crowd_Traders/status/1483990507722362880
"Volume: 8,048"
Volume here represents how many many contracts have been traded thus far on this particular chain ($FCX 2022-03-18 C $60).
Be mindful: volume updates throughout the day, OI updates at market open!
Volume here represents how many many contracts have been traded thus far on this particular chain ($FCX 2022-03-18 C $60).
Be mindful: volume updates throughout the day, OI updates at market open!
"IV: 49.42%"
Implied Volatility (IV) - a metric which changes based upon the timeframe you're looking at. The percentage equates to an "expected move" of the stock's price in **either direction**.
So the 49.42% here means the market anticipates a 49.42% change (**up or down**).
Implied Volatility (IV) - a metric which changes based upon the timeframe you're looking at. The percentage equates to an "expected move" of the stock's price in **either direction**.
So the 49.42% here means the market anticipates a 49.42% change (**up or down**).
"Daily $ Volume: $221,320"
This is the total amount of premium traded since the alert first fired off. Obviously, this amount can change after others enter into the position!
"Sector: Basic Materials"
The sector to which the company belongs.
This is the total amount of premium traded since the alert first fired off. Obviously, this amount can change after others enter into the position!
"Sector: Basic Materials"
The sector to which the company belongs.
Finally, the bottom of the alerts have links for you to view, as well, so you can get even more information about the alert in question:
unusualwhales.com/alerts/7c7fcec…
Please always do your full DD if entering into an @unusual_whales alert!
And ask questions: discord.gg/unusualwhales
unusualwhales.com/alerts/7c7fcec…
Please always do your full DD if entering into an @unusual_whales alert!
And ask questions: discord.gg/unusualwhales
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