🐳 Watchlists + @unusual_whales 🐳

Unusual Whales is an incredible tool that can take anyone's trading to the next level. It presents a ton of data, which can often be hard to synthesize.

This thread will provide a simplistic approach to analyzing and utilizing flow data. 🌊

1. Where To Start

Start with the "Hot Chains & Tickers" page. Not only does this display the tickers with the most option volume, but it also shows the most active chains. Better yet, you can filter by sector and market cap.

Below are some specific filter examples:
2. Analysis

The "Intraday Analyst" page is your best friend here. The first thing I do is scroll down to the "Most Active Chains" table.

I'm looking for short-term exp. OTM contracts with heavy volume that look "unusual."

Examples are included below:
$LCID - Closed Wed. 11/3 ~$36.50. 40c weeklies required a 10% move in 2 days to go ITM. $LCID closed at $41.80 on Friday.

$AMD - Closed Tues. 11/2 ~$127.60. 130c got hit hard. Closed the week over $136.

$NVDA - Closed Thurs. 10/28 ~249.40, 250c 🔨. Closed Friday ~255.70.
Weekly OTM strikes with heavy volume can lead to huge moves. Now what makes these so unusual?

- OTM with little time to exp. = urgency
- Heavy volume on a certain strike can mean volatility in that area = good for options
- Vol. much greater OTM than ATM = big move possibility
Now it is crucial to note that volume includes both buying and selling. Suppose much of the action on a chain is selling volume. This would be bearish. However, in short-term options trading, you need volatility. Volume is what you want.

Read: https://t.co/jaWI8lo1tX
Staying on the "Intraday Analyst" page:

This is right above the previous table. What strikes are being targeted for 11/12 exp. on $LCID? I can see that 40c had heavy action. Friday 11/5 closed at almost $42 so that makes sense.

But the 45c volume and OI grabs my attention.
I can confirm this by checking the most active chains. The highest volume OTM option on Fri. 11/5 for 11/12 exp. was in fact the 11/12 45c.

Going into Monday 11/8, I can logically have $LCID 45c on my watchlist without even looking at the chart yet.
3. Targeted Flow Fliters

If I'm looking to play weeklies, I'll simply filter to only weekly expiry. Then I'll toggle the minimum premium in the "Premium Range" based on the stock. I'll focus mainly on the "🐂 V 🐻 Prems" chart.

Min. premium examples in order: 100k, 150k, 200k.
In each of these three situations, bullish premiums are over 60%, which is a bullish sign. Being concerned with the short-term move (weekly), this process has been the most simple and understandable when it comes to recent large orders.
4. Conclusion

No tool is a crystal ball. Unusual Whales gives you the opportunity to view, analyze, and customize more data than you could ever ask for. It will take a day or two to figure everything out, but it can be very rewarding.
Unusual Whales is a game-changer when it comes to catching big moves BEFORE they happen.

These tools empower retail traders by enabling us to follow the flow. 🌊

To subscribe (and support me), click the link below! Or use code: adamslivertrade

🐳🌊🐳🌊
https://t.co/rqAUOJPROA

More from Tradingthread

So I'll give you a breakdown on which website I use to check my DD along with mainly using my PLATFORM as the MAIN source of information. But other websites are also used. . Then I will provide you with a youtuber whose name is RILEY ..

his content from the playlist start with "how to read stock charts". It's precise and on point and short enough for you to get through this week even if you did one video tonight .. I like his teaching method .. he's slow and very easy to understand

As for DD. It comes from many factors. Mainly the trading platform itself has updated news posted on the ticker you want to trade.
https://t.co/1f8wQs1LcA

Really liking this website it has breakdown of the financials & summary of SEC filings. (con'd)

Also a whole bunch of other stuff that it focuses on the companies that you search. As for what I look for?

10-K & 10-Q.
Read 8Ks ..company updates
Also look to see if they did an recent Offerings (S-4 filings)
Also look to see S-3 filings for upcoming dilutions.

cont'd

https://t.co/nxP0hAJ4UH (Great place for quick articles on many stocks that are posted by analysts who do very good work digging info)

https://t.co/KsYqlmTlQ8 for quick news info
https://t.co/v5xGZqWhbn For constant world news

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