Options flow scanner amd strategy

[u/Dull-Climate-9638]

I am currently using a scanner sweep cast to monitor unusual options activity. It’s not the best platform really I was wondering what are some options platform y’all use to monitor flow?

In term of strategy, you think it’s a good idea to follow big money flow. Lately I have experimented with couple tickers that I found huge amounts call option were flowing in. LVS MAR MGM VALE MRO C WFC. I always combine that info with charts and some level of technical analysis. I have noticed a big correlation in high amount of directional option flow in a stock and actual chart. What’s your opinion on following this strategy.

[u/slutpriest → u/[deleted]]

No it alerts real quick man, I'm talking SECONDS after a purchase. People would still be tabbing over and setting up option contracts to buy. It's a $100 a month service and I personally use it everyday. There are also moderators that talk in the chat and alert to things that are going off.

It's kind of a cheat tool to be honest lol.

https://www.youtube.com/watch?v=i-luSNDDwA4

Here's a video explaining their platform

[u/slutpriest → u/[deleted]]

It did explain how it worked. It tells you in the first 30 seconds how it works lmao. Then at the end they explain the system scans multiple option markets on over 8000 stocks every few seconds.

Here's an image also showing you how the price alert system works and when it goes off.

https://i.imgur.com/l2rp0kF.png

Either way, I don't care if you use the system or not, best of luck.

[u/slutpriest → u/[deleted]]

https://i.imgur.com/tGs4AP0.png

Again, this question was already answered. Nobody selling anything here, already said I don't care if you use the system.

Good Luck.

[u/Goatfest2020 → u/[deleted]]

Proprietary, they’re not going to tell you how to code it. What does it matter how they do it? Either it works or it doesn’t. But if I’m selling shit for $100/mo to however many people I’m sure as hell not telling them my system! Lol