Highest Put volume Activity for January 6th 2017
-
Ascending Triangle (Continuation)
-
Bump and Run Reversal (Reversal)
-
Cup with Handle (Continuation)
-
Descending Triangle (Continuation)
-
Double Bottom Reversal
-
Double Top Reversal
-
Falling Wedge (Reversal)
-
Flag, Pennant (Continuation)
-
Head and Shoulders Bottom (Reversal)
-
Head and Shoulders Top (Reversal)
-
Island (Reversal)
-
Island Cluster (Reversal)
-
Measured Move - Bearish (Continuation)
-
Measured Move - Bullish (Continuation)
-
Price Channel (Continuation)
-
Rectangle (Continuation)
-
Rising Wedge (Reversal)
-
Rounding Bottom (Reversal)
-
Triple Bottom Reversal
-
Triple Top Reversal
-
Symmetrical Triangle (Continuation)
Under certain conditions high put volume can advise you of some potentially powerful moves in individual stocks - To ascertain if the activity is an opening buyer or seller it would need to be interpreted by a professional trader as they will correlate available data regarding the bid, offer and other pertinent data to determine the trades feasiblity.
Noteable foot prints such as spill-overs into other strike prices can also be Market makers assuming the other side of the trade as well so that they are able to remain delta neutral by selling the puts to facilitate their transaction, many times, immediately off-setting their positions by utilizing the underlying stock.
Conversely, high put activity can be simply a hedge of an investors position using other options which may appear as a purchase of calls at various strikes. To consistently profit from high options volume data investors must first identify the primary objective of whether it is a hedge, speculative bet or directional trade.
The information below should only be used by professional traders
