If you want to take a closer look at the options action in a specific name, use the Flow Monitor to see the Most Actives (Menu Option 4). For example, take a look in the Bearish Flow Table to the right and look at KRE and its most actives.
In addition to seeing the most actives by volume, you can see a lot of other stuff like, whether or not the action was part of spread trading, whether or not its opening (volume > open interest) and whether the action is predominantly on the bid (red) or offer (green). By looking at the most actives, you can not only see which options are seeing action, but also find trading ideas (spreads) and get a better sense of overall sentiment in that specific name.
Click here for more Flow Monitor Tips. If you are not yet a Premium Subscriber, please Register and follow the “Premium” link for more information about Flow Monitor and the other tools available to WhatsTrading.com Premium Subscribers.
Category: **Flow Monitor**
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.