Track large block options trades in real time. Volume/OI ratios, bullish & bearish sentiment, and total premium — all free, no login required.
Each row is a real options trade where volume significantly exceeds open interest — a signal that "smart money" is placing a directional bet. We flag volume/OI ratios of 2x or higher.
Total premium tells you how much money is behind the trade. A $2M+ trade in a single contract expiry is a meaningful institutional signal worth tracking closely.
Calls bought at or above the ask are tagged Bullish. Puts bought at or above the ask are tagged Bearish. These directional signals reflect aggressive order flow.
The feed pulls fresh data every time you load or refresh the page. During market hours (9:30 AM – 4:00 PM ET), new trades appear continuously throughout the session.
Unusual options activity (UOA) refers to options trades where the volume is significantly higher than the open interest — often 2x, 5x, or even 10x greater. This imbalance suggests that traders are opening new positions aggressively, rather than closing existing ones, which can signal that informed or institutional money is making a directional bet on a stock.
Unlike small retail trades, unusual options trades often involve hundreds of contracts and total premiums in the hundreds of thousands or millions of dollars. When a single trader (or institution) spends $2 million on calls for a stock expiring in two weeks, that's worth paying attention to.
Each row in this scanner shows the ticker symbol, the strike price, expiration date, whether it's a CALL or PUT, the price paid per contract, the total open interest, the total premium spent, and the volume/OI ratio. A higher ratio generally indicates more urgency or conviction behind the trade. Bullish trades are calls bought at or above the ask price; Bearish trades are puts bought at or above the ask.
UOA is one of the most watched signals by active traders and hedge funds — but it's not infallible. The best approach is to treat it as a starting point: an alert that something significant may be happening in a stock. Combining UOA with technical analysis, sector context, and historical win-rate data (like what C Analytics provides) dramatically improves the signal-to-noise ratio.