I used his services 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✌️
To find the Intraday Options Volume tab:
• Go to unusualwhales.com
• Navigation (left-hand side)
• Intraday analyst
• Type any ticker in the search bar at the top
• Scroll down for the intraday options volume tab
What it does:
• Intraday options volume data will come in 10-minute intervals 🕐
• Every 10 minutes you can compare the candle volume and P/C ratio for any ticker 🔥
• Underlying price is overlayed on the options volume chart 📈
How you can use it for scalping options:
Using $SPY as an example:
• 11:30AM EST $SPY 10min candle volume went from 239.98K ➡️393.75K
• P/C Ratio dropped from 1.303 ➡️ 1.17
• Volume increased 📈
• Puts decreased 📉
= #bullish
In the next 20 minutes, $SPY went +$4
Bearish set-up example:
Using $SPY again from today
• 3:10PM EST $SPY 10-minute candle volume was 154.59K & P/C Ratio: 1.045
• 3:20PM EST $SPY 10-minute candle volume was 201.19K & P/C Ratio: 1.418
• 3:30PM EST $SPY 10-minute candle volume was 260.9K & P/C Ratio: 1.5
Breaking down above ⬆️
• $SPY candle volume had a +68.77% increase in 30 minutes
• P/C Ratio had a +43.5% increase
• Increased volume 📈
• Puts increased 📈 #bearish
$SPY proceeded to fall -$6 in the next 10 minutes
Monitor these changes, and react.
That's it for the thread! ✌️
Like & Retweet if you want me to do more of these.
• Intro to UW + live flow feed filter settings 🔥💰
• How I use my #FireFishing 🔥🎣 strategy to hunt plays with the new Most Active Chains🔥 settings
• Breakdown of a recent play using the strategy 📈
Here’s a little thread detailing how I use @unusual_whales to follow the flow ⬇️🐳
First off, I personally use the ‘Super Live Buffet’ membership💰
This gives you access to:
- LIVE options flow feed with advanced tools🌊
- LIVE dark pool feed 🔮
- Premium Non-Delayed Alerts 🚨
- Stock Screener📈
- more 🔥
The LIVE options flow feed has become an invaluable tool in my daily trading. This is what it looks like ⬇️
When the module displays ‘Marketstate’ the rest of the numbers are referencing the market as a whole