 Hey guys, this is Hyder from Xtrace and in this video we're going to go over options flow So we have this tool here Honor Xtrace app, so I'm currently on the website Yeah, using my laptop, but if you go to the left here and then you click on options flow Yeah, you'll be able to see the options flow for the current day and you can also see historical flow as well But you know, we'll just go over the basics here. So, yeah, let's start off with the flow sentiment. So the flow sentiment is how How investors have basically placed themselves based on these Based on the current flow if investors are more more bullish or more bearish So if there's more call options from the flow, then obviously we're more bullish, right and vice versa So call to put is this is like a ratio. So call flow is currently 39 million for today And then the pull flow is 37 million. So that this is the ratio for a call to put Pretty simple. So the higher the call to put ratio is so if it's a lot more over one Then that's more bullish if it's a lot less a lot if it's like zero point two So way farther away from one Then it's more bearish. So that's pretty simple, right? So your call flow put flow Call to put ratio and then flow sentiment. So this is This is the most of these two are the most important things So you want to check if the flow is bullish or bearish and then you want to check if it's high So if it's for example, if it's two then that's very bullish if it's zero, that's very bearish But yeah, that's that now we'll take a look at the actual flow itself So we got date time so date of when This flow came in the time of the flow the ticker expiration date. So these are all options. So These are the expiration date of the option place that these people bought and then strikes So this is yet the strike. So this is just the option contract It's a caller put strike expiration date and then the spot is where they bought where they bought that Option and in terms of like stock price and then type and there's a couple different types, but You don't learning all the different types of Flow is a little bit complicated, but from what I know Sweeps are the most important ones sweeps are more significant because they happen more aggressively compared to trade flows But yeah, just know that sweep is more you should give sweep more significance compared to trade flows But that's that and then premium. So this is how much How much the total cost that the trade was so this someone bought so someone today bought 1.52 million of IMW putt at 166 price and the expiration date is 1924 So that's how basically how you should read it and then there's also open interest volume and execution so if you ever see above ask that's also Another bullish line that means someone is very aggressive and they want to get in is AP But yeah, that's pretty much that and I currently have it filtered So it's only showing me premium where it was over 1 million dollars So these are all trades that someone bought for over a million dollars So these are all significant because 1 million dollars in options is a lot of money a lot of risk, right? So if someone's putting that much money, there's a good chance that they might know something or Yeah, they're making a big bet. So you want to follow that closely So typically when you're looking at flow you want to disregard Big names like IWM. This is the Russell, right? So you want to avoid like stock indices So IWM avoid LI. This is an individual stock so this is definitely one that you want to pay attention to someone's bullish on LI and Yeah, you can also look at the expiration date to see how bullish they are if they are very bullish, then they'll go They'll go closer to the they'll have a closer expiration date So they'll only go one week or two weeks out, right? And same thing with the stock price if it's very far away from the current stock price That's another bullish sign. But those are the two key things to tell How bullish they are and then plus above ask if that if you see that that's also another sign. That's bullish But yeah, most of these Typically are like indices like IWM or XLE, SMH, SOXX These are usually indices, but there's also some individual names, right? Like Amazon, Coca-Cola So you want to be paying attention to those? Google, Square, things like that. Even the big cap tech stocks like Amazon, Microsoft, Google Even those aren't too significant because a one million dollar trade is nothing for like a big cap tech stock like Google Because it trades just so much volume, right? So you want to be paying attention to like the smaller names like AMD AMD is still pretty big but smaller than those names, but yeah, this one looks like Negros play for AMD as a little But things like that And then we also have a bunch of different filters. So if you want to look at calls or puts Yeah, and then the expiration date range how much premiums I currently set it to one millionaire or both because Those are like the big plays, right? I want to be focusing on the big place and yeah That's basically why I put that filter and then the contract price minimum price minimum stock price things like that And then we also have darkpool. So these are so these are all options, right? Darkpool is basically the same exact thing but first Stocks so like shares. So someone bought This much amount of SKQ today and these are all a bunch of different trades that happened So 1.84 million on APO today 5.25 million on ONO and today, right? So these are big trades and this is another thing that you want to be paying attention to If you see big trades like a couple million like this one this one too Then that's definitely a sign that something's going on there, right? Apple 9.14 million Apple's too big of a name for that to be significant But ABC I'm not sure or think I've heard of that stock actually but this one's not as big So this is definitely one you want to be paying attention to And NKLA, this is a really small cap name now This one's definitely one that you want to be paying attention to Yeah But yeah, that's pretty much flow. So Again darkpool is the same thing but just for stocks or shares and then this is for options But yeah, I hope this video has been helpful. Thank you guys for listening