Check out what whales are doing for Jan. 22
Unusual options activity, or large volume orders in stocks, is one way to understand what whales are doing with their "smart money". It often indicates a potentially large price movement for the stock.
Here is a look at the top five active stock options from yesterday:
Top traded option for ticker in the graph
The writer of this option contract expects NFLX to rise to $400 by 2022/02/18
The writer of this option contract expects PTON to rise to $50 by 2024/01/19
The writer of this option contract expects SOFI to stay below $10 before 2022/06/17
The writer of this option contract expect DIS to stay above 140 by 2022/02/18
The writer of this option contract expect CLF to stay above $15 by 2023/01/20
How to read the chart
· The chart shows stocks with unusual options volume compared to their average volume, ranking from highest volume to the lowest.
· Option volume indicates the number of contracts traded for the day.
· Put/Call ratio >0.7 means more the stock attracts more bears than bulls. Put/Call ratio<0.7 means the stock attracts more bulls than bears.
How to find it by yourself?
Search for a stock ticker first. I use AAPL as an example:
Scroll to the right then select "option – Unusual Activity"
Want to learn more about stock options?
Options trading for beginners: How to access options function on mm
Explore the world of option trading with: Intro to options.
Improve your option trading knowledge: Key elements on the table
Follow me to keep receiving the latest critical market movement and keep FOMO away.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment