【Unusual Options】Description

There is often feedback from tigers. I want to see the volatile options, and I want to know smart money flowing. Is there any reference? Now here comes the Unusual Options.

1.What is Unusual Options

According to the common classification, unusual options include bulk order, unusual volume

Bulk order refers to an option that generates a particularly large transaction order, and the single transaction volume and amount are very high, indicating that someone is placing a unilateral bet.

Unusual volume refers to options with high 'volume/open interest', indicating that a large number of positions are opened and traded. At the same time, there are more follow-ups in the market, and the liquidity of options is relatively good.

2.How to use Unusual Options

Bulk Order, take TSLA as an example. We can see a large order that buys 3300 contacts of TSLA Call, indicating that someone bet TSLA to go up in a few days.

Unusual Volume, take INTC as an example, we can see a Vol/OI = 70.46. It means some 'smart money' is trading this illiquid option, signaling new positions and potentially a big move in the underlying asset.

3.Feature Navigation

Stock detail - Option - Bulk Order