Before I head offshore to go fishing, I want to show you all how I read institutional order flow in the options market in order to filter out which orders work, which orders don’t work, and the hundreds of thousands of orders that hit daily.
And what I’m going to show you today is an institutional order flow scanner that produces tens of thousands in signals a day.
Option flow is when a stock is traded at high volume and in semi-secrecy by institutions.
You’re probably wondering how I filter all of these orders into actual reade ideas…
Well, I want aggressive option flow calls and puts that were bought on the ask in stocks that I have experience in trading.
In today’s video, let’s take a look at ViewRay, Inc. (VRAY)