source avatarAnthony Sandford

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Today’s @unusual_whales stream was basically an hour of real time examples on how to actually read options flow beyond just “ask side = buy.” We covered a ton: • $SGI flow that gave a nice move after the original entry • $UNH puts and how decreasing IV + descending fills pointed toward a short put • $DDOG 11K contract opener and why the tape suggested sell to open • $GEO and the 3 different Open Interest scenarios that could explain two large ask side trades • $CCJ and why the volume profile looked bullish at face value, but the actual tape showed several yellow flags • $CCL and $APLD opening flow • $AMZN puts and possible exits • $NVDA and $AMD multileg activity • $GOOGL opening flow • $MARA earnings puts • $INTC call activity • $DECK flow and tracking the previous whale position One of my favorite parts was the $AAPL activity. We had multiple 5,000 contract trades come through around the same time with similar expirations and size. Nothing on the chain explicitly said they were linked, but the timing, size, expirations and fills made it look very likely they were related in some way. That is where screen time matters. We also spent a lot of time on: • IV increases and decreases • Ascending vs descending fills • Bid/ask changes • Contract handoffs • Volume vs Open Interest • Short puts vs long puts • Why “ask side” does NOT automatically mean buy or add • Why the next Open Interest update can completely change how you read a trade Then we finished with Market Tide and Periscope. $SPX spent a lot of time inside negative Gamma, so instead of forcing trades in the middle, we waited for price to move toward a cleaner area around 7550 and the 200 day EMA. We took a couple quick scalps around the Gamma positioning and finished slightly green. Nothing crazy. Just using the tools to build context and wait for better locations. Full replay: https://t.co/vepN8mGBBu If you want access to the same @unusual_whales tools I use for Options Flow, Open Interest, Market Tide, Gamma, Periscope and more, you can currently save 20% on an annual or monthly subscription using my link below: https://t.co/cNSsGRNj7z

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