What is the best indicator for option trading?
Table of Contents
What is the best indicator for option trading?
RSI is the best indicator for option trading and best suited for individual stocks to predict the stock level frequently.
What is option flow?
Options flow data is the term for options data that is sometimes also referred to as the following: options order sentiment, unusual options activity, option sweeps, or simply order flow. Well, massive options purchases cannot be hidden in dark pools, and are readily available to the savvy options trader.
Whats a golden sweep?
So, what is a Golden Sweep? — This is unique to our system. It’s basically a very large opening sweep order. These orders are highlighted on our dashboard automatically as they are placed.
How do I track options in Excel?
Enabling the Track Changes in Excel Feature
- Go to the Review tab.
- In the Changes group, click on the Track Changes option and select Highlight Changes.
- In the Highlight Changes dialog box, check the option – ‘Track changes while editing. This also shares your workbook’.
- Click OK.
Does technical analysis work for options?
Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price. When it comes to options, choosing a strike price is an important part of the trade process that technical analysis can help with.
What are the best options trading resources out there?
For me, option order flow, or the flow, is one of the best options trading resources out there. You can use many different platforms, but my preferred is the Trade Alert system/scanner that my good friend Henry Schwartz publishes (see image below).
What is the best option order flow?
For me, option order flow, or the flow, is one of the best options trading resources out there. You can use many different platforms, but my preferred is the Trade Alert system/scanner that my good friend Henry Schwartz publishes (see image below). Trade Alert tells us where big option trades are being made.
What can options flow tell us about the market?
Simply put, options flow can suggest to us that a big move is coming. Here is just one example to illustrate the point: at 10:20AM EST on 7/5/18, there was an unusual options flow order for ticker $ATUS with a July 20th expiry 17.97 calls. The current bid / ask spread was .20 x .30, and the order was purchased at the mid price of 0.25 per contract.
Can You track options order flow on Blackbox?
As you can see, tracking options order flow is extremely valuable for all trades you make even if you are just trading the underlying stock. SIGN UP TO BLACKBOX STOCKS TO TRACK OPTIONS ORDER FLOW NOW AND GET A SPECIAL TRIAL OFFER THROUGH GUERILLASTOCKTRADING!