 Welcome back with us folks Now this is about how to find volume on a specific strike many of you will use flow algo and other option alert services volume services scanners and so on but knowing Who else is in that play? Is often a good thing and what I like to do is let's say I'm in for after a dip I look at who else is Thinking the same thing as I am who else is looking at getting in or even better. Who else is getting in already? Am I the only one finding the bottom this of this appealing or? Everyone is staying away from it now I'll show you with spy, but it can be done with just about anything and This is the Friday chart on the five minute what you do. It's very simple show your mobile and I'll show you desktop afterwards This is mobile what you do The idea is open the the chain the option chain Let's say we're interested in the 453 Calls Now what you do you have to hold the bid already ask of The strike that you want either if you want to go put the same thing better ask Calls better ask you hold So I'll hold the what you're where you see that it says 89 Hold that it opens up this options eat option details bottom right three little dots press that and Then it says show details on that press show details And now you just opened up the chart for that specific try strike. So you see everyone that bought that strike and with a little cursor here if you Scroll over all these These bars you see how many We're buying and at what time so let's say this long bar here that you see You see that three thousand three hundred and sixty contracts were sold at 1205 on that specific strike open at 98 cents and it closed at 106 Sorry, you have the range to close the low so Spy is something that has a lot of volume something that is Very liquid Sometimes other tickers you'll find that somebody is getting very either bullish or bearish on something What I like to look for is let's say we are at the bottom and it looks like it's the buy the dip time, right? so you open up the chart the strike chart or a strike chart and Sometimes I will scroll through many charts Strike charts and then I'll find that oh someone's very bullish, but that person's going next week or Someone's going on a very high or strike than I thought I would go so Obviously some someone could be selling a strike So the person expects that at expiration will collect the premium however, sometimes it's someone being bullish on the play and It can be rewarding. So the idea is to look at who else is looking at the same thing and who else is getting in at the same time And that becomes the idea because only looking at the ticker is hard to know who's bullish and who's not especially if we're trading options, so This is about The mobile version of thinkorswim. I'll show you how it's done with the desktop This is how to do it on the desktop. Don't mind my pointer that is completely out of line here But you go to trade spy same example 453 here Right-click on the bid or ask and what it does is it brings up a submenu Go to that copy spy the line that is showing here And what you do you will paste that in your chart And look at that You paste that in the area where you usually put your ticker Control V for paced obviously and then boop. This is your chart for The 453 strike. This is on the five minute shows you the volume on That specific strike also what the desktop allows you and this could be on a different Show but that allows you to trade with active trader allows you to set a stop by in a cell it is very convenient for trading So I hope you've learned something with us tonight