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How do you find "unusual option activity"?

Author:
OptionSIZZLE Trade Desk
Date added:
Saturday, November 14, 2009
Last revised:
Wednesday, February 17, 2010
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Answer

By using the lightning-fast speed of computers, our system scans for unusual trading activity in call and put options on every exchange in the U.S. market by using our propriety algorithms. Following the trading activity of what many people call “the smart money”, these are bets made by big market players who believe they know something that no one else knows and are willing to make big bets (in many cases putting millions on the line) by knowing this information. With so much activity in the market we filter the trades that we believe to be the most (SIZZLE) and the least amount of risk.

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