alphashark – How To Read Order Flow For Unusual Options Activity
Complete 8-hour Workshop/Bootcamp, Accessible 24/7 for LIFE
Read Order Flow To Recognize Unusual Options Activity Workshop
Learn how to use unusual options activity to trade like top hedge fund managers and other institutional traders. Running over 2.5 hours, this workshop shows the ins and outs of Keene’s top option trading strategy to date.
On the trading floor, the term ‘paper’ was used to denote the large institutional orders carried into the trading pits by brokers. While it is unethical (and illegal) to trade based on non-public information, once an order is sent to the exchange it becomes public information – and anyone can trade off of this. By watching 2,000 trades a day, Keene filters out the handful that meet his criteria.
This workshop teaches the methods Keene uses to flag what he considers to be the most ‘unusual’ trading activity.
Attendees will learn:
- Why call buying is not always bullish, and put buying not always bearish
- How to read options volume versus open interest, and why average stock volume is important
- When a position is ‘opening’ or ‘closing’
- Keene’s OCRRBTT trading plan for looking at open interest, chart, risk, reward, break-even, time, and target for potential trade setups