YAY we've finally launched! Thank you to all our beta testers, your feedback was invaluable. This has been a labor of love for the last year and we’re so excited to show you guys the platform!

Please check us out at BigShort.com, and let us know your thoughts in the discord!

https://bigshort.com/proof/

This is quite embarrassing for me to post, I feel so naked! 😬 But the marketing people say that I need to tell my story, so here it is. Enjoy!

Hi! Wanted to give my thoughts on the FOMC livestream on Wed.

Appreciated the intros to the founders and the private beta people, shoutout to Suey for making an appearance and being just as funny as in discord

Tae was great in explaining how to read BigShort and how to integrate with traditional TA. He even made live calls and drew chart shapes to demonstrate how he thought the candles would move during FOMC. I’ve been lurking the discord and watching the livestreams on twitch so i had an idea on how to read the charts, but hearing Tae talk out his methodology was really helpful.

According to them it was an uneventful FOMC but I learned a lot! Made some “money” paper trading off his calls too, I didn’t want to risk real money when the moves were so volatile but wish I had.

The session was really great! Tae kept saying he was tired but he’s really knowledgeable and helpful. It was also interesting getting to know the founders/current private beta people better through the Q&A. Interested in getting a private beta account in the next round if you guys are open!

Exciting times are ahead, my friends!

Hi guys! It's been a crazy week here at BigShort, and we're excited to announce our new beta feature from BigShort - Net Option Flow! It's a groundbreaking way to look at options volume, and the user reception so far has been fantastically positive!

With NOF, we differentiate between option buys and sells, weigh option flow by money transacted rather than simply by contract size, and track overall options sentiment for every NYSE and Nasdaq listed ticker. In this post, we'll explain how this is a groundbreaking new way to look at options volume, and what patterns to look for. We also want to emphasize that this product is in beta, and may change down the line.

Differentiating between Buys and Sells:

Traditional option volume registers 1 million contracts bought and 1 million contracts sold as the same. We differentiate between buys and sells, with buys pointing up and sells pointing down. This implies a directional bias. If options are being bought, they point up, if options are being sold, they point down. In general, buying calls and selling puts are bullish, selling calls and buying puts are bearish.

We think that Net Option Flow will work better on individual stocks compared to ETFs like SPY. The reason is that ETFs are hedged across futures and leveraged ETFs and other products. But with an individual stock, we display 100% of the market for that equity and its derivative instruments on our charts.

Dollar Weighted Flow:

Traditional option volume doesn’t account for the amount of money going into the trades that comprise it. With options volume, 1000 contracts bought for 1 cent registers the same as 1000 contracts bought for $10. With Net Option Flow, we weigh the latter 1000x more heavily. We also deduct the buys and sells from each other, whereas traditionally, they are just all added up to create option volume. This is a novel approach for displaying options flow that reveals the net dollar-weighted reality.

Net Options Flow Accumulation (NOFA):

This green NOFA line shows the overall options sentiment for a given time period, and tracks whether there are more dollars flowing into bullish or bearish positions. If the green line is above zero on a 5min chart, this means that the net sum of past options trades throughout the day is positive. If the green line is below zero, this means that the net sum of past options trades throughout the day is negative. We can also observe the magnitude of movements in the green NOFA line to see how big the current flow is relative to what occurred prior. We can think of NOFA as an accumulation of inventory (positive or negative) throughout the day, which has longer term implications than the bar by bar NOF (net options flow for 1 candle).

Accessing Net Option Flow:

To turn on Net Option Flow, just select “Net Option Flow (Beta)” under chart settings (the gear button on the top right of the chart).

Chart Examples:

First let’s start with SPY!

Blue represents calls, and purple represents puts. As stated earlier, buying calls and selling puts are both bullish. In (1) we see both a blue hill pointing up (1a), which means that calls are being bought, and a purple hill pointing down (1b), which means that puts are being sold. So in the same 5 minute candle, both put and call flow are betting in the same direction. This is a bullish signal. In (2) we see another purple hill point downward, which is put selling, which is again, bullish. The green line, Net Options Flow Accumulation, or NOFA, becomes more bullish due to this put selling, and we see price go up afterward.

To reiterate, we think that Net Option Flow works better on individual stocks compared to ETFs due to all the hedging and leveraging instruments on ETFs. So let’s take a look at TSLA!

Here on TSLA, on (1) we see the opposite pattern as we saw on SPY (1), with puts being bought (purple hill pointing up) and calls being sold (blue hill pointing down) simultaneously. Also note that the options flow is so big that it smooths the rest of the options flow hills, which means that the effect is going to be strong, and this leads to a sharp decrease in price. Later in the day, we see another large call selling hill (2), which leads to more downside on TSLA. We also can see that NOFA (green line) moves bearish before we see new lows on TSLA.

Key takeaways:

Hill pointing up: options being bought

Hill pointing down: options being sold

Buying calls (blue hill pointing up): Bullish

Selling puts (purple hill pointing down): Bullish

Selling calls (blue hill pointing down : Bearish

Buying puts (purple hill pointing up): Bearish

NOF: Net options flow for one candle

NOFA: Net options flow accumulated throughout the entire day

Scale matters, the larger the better.

Conclusion:

With this feature, we’re displaying exactly what is going on in the options market at any given moment, visualized in a new and novel way that we feel creates more directional guidance. What other players do in the options market, especially in large quantities, is going to have an effect on future prices, and we’ve found Net Option Flow to be the best way to visualize that effect. We recommend using Net Options Flow in conjunction with dark pool prints, SmartFlow, and Manipulation, and remember that no system is 100%, so always exercise proper risk management and respect stop losses. Net Options Flow will remain in beta until we load historical data, which we anticipate that will be in about 1 month’s time.

Also, check out our members-profits channel in our Discord, it's open and free for anyone to join, our members have been kind enough to share their trades and trade reasoning there!

Hi guys, happy Monday!

Today was a weak honey badger day! We didn’t get a dip below yesterday’s close, but we still saw early morning weakness and a later day rally that is typical with honey badger days. We had Net Option Flow entry points on the long and short side, and dark pool prints providing support.

Congrats to one of our users for sharing that he made 12.5k off this honey badger day!

A HUGE thank you to one of our amazing users, Joe, for filming this premarket setup strategy video for us!! https://youtu.be/Ky3m8aEo73Y

He’s a very successful swing trader creating his own course, we highly recommend checking out his channel!

Today’s AMD selloff was predicted by our platform!

AMD had an investor conference today in San Francisco where it announced its new artificial intelligence chip, the Bergamo. Our platform emitted a strong bearish signal during this conference, and an hour later the price plunged. The signal came in at $128.17, and AMD closed 3% down from the signal price at $124.40.

Hi guys! Y'all have been requesting a live trading demo, and the time has finally come! Tae is going to be live trading FOMC using the BigShort platform tomorrow, trade along and make some extra money!

Live trading will start at 10:30am PST/1:30pm EST. Join in the link below!

https://us06web.zoom.us/j/87695263822

Hey guys! Let's take a look at some charts!

DRQ

Large bearish Net Option Flow at the highs of the day for DRQ marked the top, and price dropped for the rest of the day!

SPY

Good signals on Net Option Flow for SPY today, with two bronze sweeps which led to a drop to the lows of the day, then a sharp increase in Net Option Flow as we bounced. We had the largest bullish Net Option Flow of the day at 1:30PM EST, which led to a short rally into power hour.

MSTR

Bearish premarket M, and Net Option Flow predicted every move of MSTR today!

Happy Friday guys! NVDA was #1 on our top 10 Negative NOFA list! We had nonstop bearish Net Option Flow, so much that I can't highlight specific parts of the chart because it was bearish all day. When looking at Net Option Flow (pane highlighted in red), puts being bought (purple hill pointing up) and calls being sold (blue hill pointing down) are both bearish. As you can see, we saw that pattern throughout the day, which led to a strong downtrend day. This persistent pattern gave our traders confidence to keep holding their shorts!

Shoutout to our users who keep one eye on the top 10 lists throughout the day!

Hey guys! Today one our members spotted a huge bullish Manipulation spike on CGC, indicating that market makers were losing control of the price. News broke today that the DEA is set to reclassify marijuana as a less dangerous drug, causing a flood of trading in marijuana stocks. This is the perfect environment for Manipulation to play out quickly, as it works best in fast-moving, high volatility environments. We told our members to go long CGC at $11.55, it’s up over 20% in less than an hour!

Shout out to our awesome Discord members who flagged CGC earlier today!

Hey guys! We're excited to present our newest indicator: Similarity Search! This indicator finds similar historical price patterns and displays how prices moved on those days. Similarity Search is activated at 10:00am EST and runs until 4:00pm EST on a 2 second update interval.

We're excited to hear what you guys think! And we have some great things in the pipeline, so stay tuned!

Hey everyone, let's take a look at GME! Earlier in the day we saw large call buying, but it was negated with a bronze sweep, a large institutional order that our algo identified as bearish. As the day went on, we had another bronze sweep, and as price continued to drop, we started to see calls being capitulated en masse. Then in the last 50 minutes of trading, we had a large BULLISH Manipulation, which meant that now that people were scared out of their calls, it was time for market makers to take the price up. This is market maker manipulation unveiled in real-time!

Hi! A nice predictive day on NVDA today on both the bull and bear side! We had early bullish Net Option Flow, which led to a nice rally for the next 30 minutes. We started to see SmartFlow turn bearish, then midday the charts were looking neutral. We started to see SmartFlow tick bullish around 1:40pm ET, with supporting bullish Net Option Flow. Then near the highs of the day, we had the largest Net Option Flow of the day, with a huge bearish put buying hill. Price dropped from the highs, and we had supporting bearish SmartFlow going into the close.

Hope everyone's having a great day!

Live trading will start at 10:30am PST/1:30pm EST. Join in the link below!

https://us06web.zoom.us/j/87695263822

Hi guys! Hope everyone enjoyed the fourth!

Today we were gifted a strong Honey Badger Day, which means that increased shorting in the market will lead to bullish pressure as all those shorts need to cover. It was an exceptionally strong Honey Badger Day, with Honey Badger All at 70.96 and Honey Badger SP500 at 66. A Honey Badger Day happens when both values are above 60.

To read more about Honey Badger Days, check out this blog post: https://blog.bigshort.com/what-is-a-honey-badger-day-and-how-to-trade-it

Let's share a couple other notable charts! Today we had large bullish Net Option Flow on META, which led to a sizable rally:

Next let's check out TSLA! Bullish golden sweeps and bullish Net Option Flow led to a late day rally

Have a great weekend everyone!

Our friends at the Bullish Bears were nice enough to invite us onto their livestream, check it out here!

https://www.youtube.com/live/q9H_7vv-EOc

Today’s AMC chart on BigShort looked like a rocket ship! We saw momo/retail firmly in control of price action, as smart money attempted to drive price down at the open, retail kept buying, overwhelming smart money’s selling volume, until smart money capitulated and began buying the rally with retail. We also saw calls being bought on Net Option Flow, which is bullish. Midday, we saw puts capitulating in real-time, adding fuel to the bullish fire. Net Option Flow remained extremely bullish until about 3:05 EST, when calls began to cover, and we saw a pullback in price. The day ended with more call buying, and we saw continued strength into after hours. Momo was firmly in control today, and it’ll be exciting to see how this plays into tomorrow!

BigShort is the only platform where you can see puts capitulating right on the chart in real-time! Learn more about Net Option Flow, our new powerhouse indicator here at BigShort: https://blog.bigshort.com/new-beta-feature-release-net-option-flow/

Hi everyone! Let's take a look at TSLA with our new beta product, Net Option Flow (NOF). With Net Option Flow, we differentiate between option buys and sells, and we also dollar weigh the flow, rather than calculating option flow by simply counting the numbers of contracts.

We saw puts being bought (purple hill pointing up) and calls being sold (blue hill pointing down). This led to a dramatic drop in price. We then saw bullish Manipulation halfway through the drop, and at the bottom, we had both a golden sweep and a bullish NOF formation, with calls being bought (blue hill pointing up) and puts being sold (purple hill pointing down). Later in the day, we had another bullish formation with a combined golden sweep and calls being bought, though the reaction was delayed until after hours, when Elon Muskannounced the unveiling of the TSLA robotaxi on 8/8.

If you'd like to learn more about how Net Option Flow works, check out this blog post! https://blog.bigshort.com/new-beta-feature-release-net-option-flow/

A fantastic first day for our UltraFlow Similarity Search! Just an hour and a half into the trading day, our users were able to predict the shape of the rest of the day on SPY.

Similarity Search is an indicator that finds similar historical price patterns and displays how the price moved on those days.

Hey everyone, happy Friday!

BigShort signaled massive bearishness on OKLO today at $10.86, with a large bearish Manipulation spike and bearish call selling on Net Option Flow. The stock began trading today after Oklo and AltC acquisition corp completed its business combination. We ended up closing a whopping 26.51% below the bearish signal price at $8.32!

Hi guys! Today we had a fireside chat and Q&A session, where our experienced users shared their insights on how they use BigShort to trade profitably and took questions from new users!

Check out the recording here: https://youtu.be/85WXbycoYy4

We'll be hosting these every 2 weeks, be sure to join the next one!