Option Flow Sentiment Indicator for ThinkorSwim

[markos]

@MasterSteve thank you for keeping up with this.

 

[ugaotrader]

Thanks, great work!

 

[MasterSteve]

MasterSteve, do you give alerts to paying members when you enter the trades vs. summaries at the end of the day?

I don't, everything is free. Sometimes I get busy and am not able to alert real time but for the most part I'm trying to keep up with it. I'm still in the testing stages of this strategy and its just important to track the entries and see where they go as a minimum. I hope as time goes on and as I work more into real money I can provide more information quicker, but it takes some time and work.

 

[J007RMC]

I don't, everything is free. Sometimes I get busy and am not able to alert real time but for the most part I'm trying to keep up with it. I'm still in the testing stages of this strategy and its just important to track the entries and see where they go as a minimum. I hope as time goes on and as I work more into real money I can provide more information quicker, but it takes some time and work.

Youre doing a great job and I appreciate your sharing.

 

[maddog]

I'm new to your site... The time frame is that Pacific Time?
Yesterday at 11:55am
October 18th
Thanks

 

[MasterSteve]

I'm new to your site... The time frame is that Pacific Time?
Yesterday at 11:55am
October 18th
Thanks

Yes that is correct. Pacific Standard time

 

[MBF]

MasterSteve, do you give alerts to paying members when you enter the trades vs. summaries at the end of the day?

I think @MasterSteve is working on this still. This is a testing thread. When he posts his trades they are after the fact and showing people the stats. It’s a work in progress in other words.

 

[MBF]

@MasterSteve
Hope you're feeling better this evening. Comfy PJs and movies for you.

 

[MasterSteve]

I think @MasterSteve is working on this still. This is a testing thread. When he posts his trades they are after the fact and showing people the stats. It’s a work in progress in other words.

This is correct. I post all of the trades that I can in real time and show the rest after hours when I can. More information in a new post here.
https://usethinkscript.com/threads/flow-data-strategy-real-money-testing.890/

 

[MBF]

This is correct. I post all of the trades that I can in real time and show the rest after hours when I can. More information in a new post here.
https://usethinkscript.com/threads/flow-data-strategy-real-money-testing.890/

Thank you @MasterSteve for putting in all this work. Been watching your thread for a while and rooting for you! Hope youre feeling better!

 

[bausan]

@MasterSteve 1st off, thank you for your contribution.
I started to look into Flow after reading your thread. There's not much out there.
I hope you can help me understand

• How do you apply flow data to Options trade decision? Thought process...
• Easy explanation for Block/Sweep/Split

T.I.A

 

[MasterSteve]

Thank you @MasterSteve for putting in all this work. Been watching your thread for a while and rooting for you! Hope youre feeling better!

Thank you! I do feel much better today. Hopefully back to 100% tomorrow.

 

[MBF]

Thank you! I do feel much better today. Hopefully back to 100% tomorrow.

Okay but one more night, PJs, charting and soup! Course this is every night for me. LOL

 

[MasterSteve]

@MasterSteve 1st off, thank you for your contribution.
I started to look into Flow after reading your thread. There's not much out there.
I hope you can help me understand

• How do you apply flow data to Options trade decision? Thought process...
• Easy explanation for Block/Sweep/Split

T.I.A

I've read your question and am compiling what I think are good resources for you for this. Look forward to a response tomorrow.

 

[bausan]

I've read your question and am compiling what I think are good resources for you for this. Look forward to a response tomorrow.

Thanks, @MasterSteve - get well first. i was just hoping that my question make sense lol
i looked into some vid on youtube about UOV but all of them lead to 'buy my scanner' at the end.
the free scans only show PUT/CALL but not opening or closing.

Ex: I'm seeing this today
BUY +8,800 FIS 100 15 NOV 19 130 CALL @2.25 LMT
current price is $125

Does this mean we should expect bullish direction?

 

[MasterSteve]

Thanks, @MasterSteve - get well first. i was just hoping that my question make sense lol
i looked into some vid on youtube about UOV but all of them lead to 'buy my scanner' at the end.
the free scans only show PUT/CALL but not opening or closing.

Ex: I'm seeing this today
BUY +8,800 FIS 100 15 NOV 19 130 CALL @2.25 LMT
current price is $125

Does this mean we should expect bullish direction?

That was one of the reasons that I made the alert for FIS calls this morning. It’s not the only reason I think that we’ll have a bullish move in the near future but I can clarify in a bit. I’m away from my computer right now, but I can make a recap play post after that one finishes.

 

[cherif]

I found this, but ... I didn't "find" it, still looking.

Anyway we can get this put/call chart or at least the formula used to plot the call volume and the put volume? Thx

 

[MasterSteve]

Anyway we can get this put/call chart or at least the formula used to plot the call volume and the put volume? Thx

Yes I think I can get that for you. Later today... stay tuned

 

[cherif]

Yes I think I can get that for you. Later today... stay tuned

Thank you in advance

 

[MBF]

That was one of the reasons that I made the alert for FIS calls this morning. It’s not the only reason I think that we’ll have a bullish move in the near future but I can clarify in a bit. I’m away from my computer right now, but I can make a recap play post after that one finishes.

@MasterSteve I was looking at the Jan 17 Puts in SPY. Was just snooping around. Sheesh! I bought one in my paper account just for kicks. I bought one OTM at the 240 Strike yesterday.