How to Use SweepCast & What is Sentiment?
You may ask yourself the following questions when starting to use the platform... How can a CALL have bearish sentiment? How can a PUT have a bullish sentiment? Well, it depends on what price point the CALL/PUT was traded. Here are the scenarios that can take place below. Possible Scenarios and Sentiment If a Sweep on a Call is BEARISH, this means the Call was traded at the BID We are traders must look at why this could be the case. It could be that someone actually wrotePopularWhat is a SweepScore?
We've added a new column called "SweepScore" which takes over Sentiment column. The bar will fill up based on how aggressive the price of the order was, it will go LIGHT BLUE if the price paid was "ABOVE" the ask, which is the most aggressive. If its not filled at all, it means its below the bid price. If it's filled half way, then you can think about at neutral stance, the more it's filled the more aggressive the orders are getting. The top order is less aggressive and marked as "beFew readersHow To Best Identify Movers?
Here is the meat of it, you must think like a trader and understand what is happening based on the price action. For stocks that may make a move up you would want to look for the following, (there might be other things but this is our opinion, you can do your own research and find other ways). Same Strike / Same Expiration, Multiple Sweeps with the price of the option moving up. Here is an example of CHWY, the buyer came in to purchase $95 12/18/20 @ $1.36 contrSome readersSweepScore & Charts
We have heard your feedback and started to make certain changes to the platform. We've added a new column called "SweepScore" which takes over Sentiment column. The bar will fill up based on how aggressive the price of the order was, it will go LIGHT BLUE with Full BAR if the price paid was "ABOVE" the ask, which is the most aggressive. If its not filled at all, it means its below the bid price. Empty = Not Aggressive or Possibly Sold Call or Put Half Full = Neutral Stance FFew readersWhat does "Ref" Mean? When I Hover Over Sentiment?
The price below when for Apple Option Alert: Jan 15 $125 Put Sweeps near the Bid shows a Ref=$124.15, this allows you to see what was the stock price when the option was entered into this stock.Few readers