HOW TO FIND UNUSUAL OPTIONS ACTIVITY EASILY

Here's how to find unusual options activity easily. This is the beginning of a new portfolio series following unusual options trades in my tastyworks options trading account.

Disclaimer: I am not a financial advisor, & in no way shape or form do I give out financial advice. I make these videos for fun. You (only you) are responsible for your own financial decisions. If looking for financial help, please seek out a financial advisor.

[moroccanwolf]

I would recommend to validate trades with the technicals before putting in a blind entry

[edredding]

Good info. I'd make small suggestions like making sure the last price is closer to the ask to indicate someone is probbaly buying. Also volume should be higher than open interest and the bid/ask spread shouldnt be really larger (get caught holding an option that you can't sell at a profi). Things I've noticed when trying this strategy. Also, you may want to stay away from large volume during an earnings report bc it could be someone rolling a position or closing a position and not necessarily indicative of a directional view which is why looking to see who is buying is more important (last price traded is the ask price).

[maxcapital]

So how do you know that these trades are not spread trades from different months and how do you know if they're not being sold, or a part of some multi leg strategy because if you don't know you're just throwing your money away.

[mpg]

Hi Michael, thanks for great content. Can I ask why you switched from robinhood to tasty works?

[waynelagasse]

You need to determine if the unusual option activity is on the bid or the ask. So you need to do a little work before blindly placing a trade. It could be the other half of a spread or something.

[eric_david]

Interested to see how these plays turn out I’ll definitely be tuning in for the update video. You got some good content bro keep it up!

[darksidesage]

thank you so much for the new ideas/concepts about trading.
i almost blew my account. i am down 57% now. i made a very stupid/high risk play that failed. i will stick to my usual trading strategies from now on, hopefully i would be up, even if by 1%, by next vid.
learning and gaining experience is hard in this field.

[bphilz]

How do you know whether or not that unusual option was a buy or a sell? Someone could have been selling options in an effort to hedge a losing position or been the opposite side of a calendar spread for example. It seems assuming that they were buying calls as opposed to selling calls.

[yao]

Very interesting looking forward to see the other videos on the out come

[Jocjabes]

How to verify the oxy calls were bought or sold in the UOA screener?

[kevin]

Damn did not know about this, great vid

[stevenrushing]

Been playing with this a little. Finally started winning some. Thanks!

[babygoosey]

I’ve had bad luck with some of my unusual option shorter term plays...it really just comes down to movement on expiration week and I’m like 50% successful whether I choose a call or put. In the end it’s balancing out but I want profits! Lol

[SPXBearBULLY]

Good luck on those plays! Hope you get some wins.

[orionstar]

Nice to see you've graduated to Tastyworks!

[quincylewis]

Hey have you heard of any unusual option activity software?

[donnyh]

Cool video Mathew. I've been wanting to try this myself. I need to learn a little more about it first. I hope you crush it!

[prosperouslife]

Thanks for the help Matthew! Gonna be sure to look out for them and implement them in my options trading strategies 😃🙏🏻🚀

[Prphecy]

Does this method also works on Robinhood and if so how can you do it on there?

[kevinsmobileautomotiverepair]

THANKS FOR THE SHOUT OUT. Ill pass along knowledge to whoever. knowledge is power we all want to succeed when the work is put into it.