Joe Kunkle Profile picture
Founder of OptionsHawk - Trading Hub - Street's Best Live Market Coverage - *Not Investment Advice*
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22 Jul
A quick thread on Options Flow trading...

I have seen a lot of new sites/apps/tools pop up trying to capture “options flow” and all have the same flaws and are so focused on what is trading rather than the more important question, why it is trading
On the first point, these automated scanners/alerts aim to be fast but are extremely inaccurate, making the value of the data quite useless, be careful what you trust..
They all rely on fill price versus the bid-ask, the problem there is most advanced trading firms are now disguising their orders, so the fill vs. the NBBO is often not what it seems.
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