Unusual Option Activity

What is Unusual Option Activity?

About Unusual Option Activity

The Pulse Index provided by Webull allows users to see the increase of daily volume in options trading compared to last 30 days' average. It is calculated as the ratio of the current total options volume under a symbol to the arithmetic mean of daily volume over the last 30 days. The Call and Put Pulse Indices are measured the same way, by dividing current call/put volume by the last 30 days' average.

The unusual option activity tables display a list of symbols by ranking the Pulse Index from high to low in daily total volume, call volume, and put volume. This feature provides insight on which symbols are experiencing noticeable options activities.

Function Description

Filter: You can set filters on the underlying stock price, trading volume, and market capitalization according to your preference. In addition, on the interface for setting the filters, you can see the range of values and the estimated number of stocks under certain conditions. Pre-set defaults provided are as follows. Stock price is $20 to $5000, Trading volume is 0.1M to 4M shares, Market Cap is USD 0.3B to USD 5B.

Both/Call/Put Lists: After setting the conditions in Filters, the system will calculate the Pulse Index of Both/Calls/Puts options under underlying stocks to be selected and sort them in descending order, to show lists for Both/Calls/Puts.

Page Sort: Pages are initially sorted by Pulse index / Call Pulse index / Put Pulse index. On the details page, you can reorder by clicking a field sort icon.

Disclaimer:

No content herein shall be considered an offer, solicitation, or recommendation for the purchase or sale of securities, futures, funds, or other investment products. It does not take into account your investment objectives, financial situation, or particular needs. All information and data, if any, are for reference only, and past performance should not be viewed as an indicator of future results. It is not a guarantee for future results. Investments in stocks, options, ETFs, funds, and other instruments are subject to risks, including possible loss of the amount invested. The value of investments may fluctuate, and as a result, clients may lose the value of their investment. Please consult your financial adviser as to the suitability of any investment.