Trending Contracts
Last updated
Last updated
The Trending Contract leaderboard section of our dashboard is one of the most favored features! This grid is able to accurately determine and calculate which contracts are considered the most 'Trending' based on how many individual orders are placed for that specific contract over the course of the entire day. By keeping track of the individual orders investors place for specific contracts. We intentionally filter out likely 'algo' order flow to keep our Trending Contracts leaderboard accurate on the most trending contracts that individual investors are buying. To produce this, we log each single options order that comes through our radar ( yes, even orders under the 15k threshold our options feeds are set at ) and successfully keep track of various forms of data such as contracts total order count, premium spent, volume, open/last price, day change (%), range, & MORE! This allows us to get an in-depth look into which contracts investors are buying the most of, which contracts are performing the best, and which contracts have the most premium/volume moving through them.
With being able to track some of the daily top contracts and their activity throughout the trading day, this gives huge levels of insight that can assist investors in numerous different ways, just some of which include:
Being able to check which contracts have the most active volume and premium moving through them allows users to choose entering contracts that have a high chance of heavy movement due to the substantial flow going into these specific contracts!
Allowing users to get a general idea of which stocks, expirations, and strike prices people are buying the most of which gives clear insight into what other traders are investing in and makes following the general trend and flow of the market easier than ever!
Visually analyzing the relationship between calls and puts to better follow trending and likely profitable contract activity. This goes hand-and-hand with determining the strength between calls and puts by being able to see first hand how much of the trending contracts are bullish compared to bearish, as well as assist in trade decision making to ensure you do not make decisions against what is actively trending in the market.
