Using Shortcuts to Navigate Unusual Whales Options Flow — Transcript

Full transcript

1. 0:07hey everyone Nicholas here and in this
2. 0:09video we're going to go over the
3. 0:11shortcuts and hot links within the flow
4. 0:15feed now within the tool itself there
5. 0:17are a few things that you can click to
6. 0:19Garner more information about any given
7. 0:22ticker or any given contract the first
8. 0:25shortcut is embedded right in the stock
9. 0:29ticker
10. 0:30when you click on the ticker the tool
11. 0:33will open a new browser tab that takes
12. 0:35you to the ticker overview now we did
13. 0:38cover this ticker overview page in more
14. 0:40detail on the site overview video which
15. 0:43you can find down in the
16. 0:46description now in the column to the
17. 0:48left of the ticker there are three links
18. 0:50that may
19. 0:51appear first is the flow alerts link
20. 0:55this link will appear when the options
21. 0:57flow meets criteria of one of the flow
22. 0:59alert alerts it looks like a two-sided
23. 1:02airwave
24. 1:04symbol when you click on the flow alert
25. 1:07symbol the tool will pop out a new
26. 1:09window showing you the trade or trades
27. 1:11that caused the alert to fire in the
28. 1:14upper leftand corner of the pop out
29. 1:16it'll show you which rule was
30. 1:20alerted another link that appears in
31. 1:22this column is that of multile
32. 1:25Trades if a trade is potentially part of
33. 1:27a multi-leg options transaction the up
34. 1:30down arrow symbol will
35. 1:34appear clicking on that symbol will open
36. 1:36a pop out window that displays the
37. 1:38contracts that are potentially part of a
38. 1:40multi-leg transaction with the selected
39. 1:43contract within this pop out are the
40. 1:45same contract expiration links that show
41. 1:48up in the flow feed which we'll touch on
42. 1:50next as well as the types of multi-leg
43. 1:53trade the transaction may have been or
44. 1:55closely resembles clicking on those
45. 1:58potential multi-leg strategies will
46. 2:00display the historical return for the
47. 2:02potential position and clicking on the
48. 2:04little hot link next to the strategy
49. 2:07will take you to the option strategy
50. 2:09page defining that potential strategy
51. 2:12and the goals that that trade seeks if
52. 2:15you click on the option strategies link
53. 2:18it'll take you to the landing page of
54. 2:20all option strategies where you can pick
55. 2:23whichever you'd like to read about that
56. 2:25strategy and its
57. 2:28goals another variation of the multile
58. 2:30trade symbol may also appear here which
59. 2:33consists of two arrows moving in a
60. 2:36circle the circular shaped multi-leg
61. 2:39symbol indicates that shares are
62. 2:41involved in the transaction when you
63. 2:43click on that symbol it opens up the
64. 2:45same popout window outlining the
65. 2:48different legs of the trade that may
66. 2:50have been involved in this multi-leg
67. 2:53transaction next we have the link
68. 2:55embedded within the contract expiration
69. 2:58date when you click on the contract
70. 3:02expiration a new popout window will open
71. 3:05on top of your flow feed that displays
72. 3:07the overview for that specific
73. 3:09individual
74. 3:10contract now within this view are a
75. 3:13number of shortcuts to different data
76. 3:15and tools so we're going to break these
77. 3:17down one by
78. 3:19one on the leftand side of this pop out
79. 3:22the details of that specific contract
80. 3:24you clicked on are displayed in a chart
81. 3:26demonstrating the volume profile of the
82. 3:29contract
83. 3:31above the chart is a date selector where
84. 3:34you can choose which day's volume
85. 3:36profile to view for the selected
86. 3:40contract directly to the right of that
87. 3:42you can click add to watch list to add
88. 3:45the selected contract or the ticker
89. 3:49itself to any of your watch
90. 3:55lists on that left side chart we see the
91. 3:58volume profile of the the contract in
92. 4:01the top right hand corner of the chart
93. 4:03you can adjust the time
94. 4:05frame as well as the volume candle time
95. 4:08frame which ranges as low as one minute
96. 4:11volume candles on short time frames and
97. 4:14one day volume candles on higher time
98. 4:17frames within the chart itself you can
99. 4:20hover your cursor over the volume bars
100. 4:24to see details on how much volume
101. 4:27transacted which side of the bid and S
102. 4:29spread the contracts filled on and the
103. 4:32total premium transacted within the time
104. 4:35frame of that volume
105. 4:36candle when you click on the volume
106. 4:39candle it'll take you to the flow feed
107. 4:42for that specific time frame on the
108. 4:47contract the table below the chart shows
109. 4:50a historical volume and open interest of
110. 4:53the selected contract you can fine-tune
111. 4:56your columns using the show hiide
112. 4:58columns button to displayed data for
113. 5:01columns that you deem important from the
114. 5:04percent of bid versus ask side flow to
115. 5:06the historical implied volatility and
116. 5:08even the historical highs and lows of
117. 5:10the
118. 5:12contract while the left-hand side of the
119. 5:15pop out displays data and information
120. 5:17for that specific contract the right
121. 5:20hand side shows information about the
122. 5:21selected ticker as a whole the chart on
123. 5:25top displays options volume by default
124. 5:28demonstrating the total call and put
125. 5:30volume for various time frames you can
126. 5:32also adjust this chart to view the
127. 5:34average
128. 5:36volume this can display that average
129. 5:39volume by the put call Ratio or overall
130. 5:42volume across time frames the net
131. 5:46premium can display call and put premium
132. 5:49or the overall net premium bullish
133. 5:52versus bearish transactions that occur
134. 5:54throughout the
135. 5:55day the last set of links we'll look out
136. 5:58on this pop out are located in the upper
137. 6:00right hand corner the first link the
138. 6:04plus
139. 6:05sign will display the selected contract
140. 6:08and ticker in the contract lookup page
141. 6:11on the contract lookup page you can
142. 6:13navigate to the highest chains with an
143. 6:17open interest change or the highest
144. 6:20ticker open interest
145. 6:22changes you can also save contracts
146. 6:25you've looked up previously to your
147. 6:27watch lists and see all recently viewed
148. 6:31contracts in the contract
149. 6:34lookup you can also select your ticker
150. 6:37expiration date contract type call
151. 6:39versus put and strike within this window
152. 6:42to open up the details of whatever
153. 6:44available contract you'd like to view to
154. 6:47the right of that plus sign sits a waves
155. 6:51symbol clicking on this symbol will take
156. 6:53you to the flow feed for that contract
157. 6:56throughout the entire day now as
158. 6:58mentioned clicking on these volume bars
159. 7:01on the left side will take you to the
160. 7:02flow feed for that contract in that
161. 7:05specific time frame clicking on this
162. 7:08wave symbol takes you to the flow feed
163. 7:11for that contract in its entirety
164. 7:14finally clicking these three dots will
165. 7:17open up the ability to get the link
166. 7:20directly to that contract or copy the
167. 7:22chain ID so that you can share this
168. 7:26contract or the flow for this contract
169. 7:29anywhere you'd like