Skip to main content
Using TradingFlow7 min read

Using Option Trades (the live tape)

A hands-on walkthrough of the Option Trades flow feed — Live vs Historical modes, the shared controls, reading a trade row column by column, saved views, and alerts.

Option Trades is your live-and-historical "flow feed" — the tape where options trades stream in as they happen, and where you can dig back through past days to research what was traded and where the money went. Think of it as a professional trading desk in your browser: you dial in your filters and columns, save those as named views, and watch the flow arrive in real time.

Open it at Option Trades. The screen lands on the Live view by default.

Option Trades — Live view The Option Trades Live view: tabs, controls, and the streaming trade table.

Legend:

  1. Live / Historical tabs — switch between the streaming feed and the researchable past-days view.
  2. Saved filter set + Columns — pick which named view drives the screen, and choose which columns to show.
  3. Live controls & market status — Start / Pause / Resume / Reconnect the stream, plus a connection and market-hours indicator.
  4. The trade table — one row per trade (or per aggregated block), newest at the top.

Live vs Historical: which do I want?

Both modes share one set of filters — your calls-vs-puts, premium size, sentiment, and so on stay consistent as you move between them. The difference is simply when you're looking.

  • Live mode — the latest trading day, updating continuously. New trades land at the top of the feed as they print. The real-time stream is a paid feature and runs during U.S. market hours; everyone else (and paid users when the market is closed) still sees the latest snapshot, just without live updates.
  • Historical mode — a paginated, date-and-time-controlled view of past activity, with sorting and a composition summary strip above the table. This is where you research what already happened.

Switching tabs is instant and never loses your place — it doesn't reload the screen or silently re-run your search. New data only loads when you deliberately ask for it (refreshing history, applying a filter change, choosing a saved view, scoping to a watchlist, or starting the live feed).

The shared control row

Across the top of both modes sits one control row:

  • Live / Historical tabs — your mode switch.
  • Symbol search — type a ticker to focus on one underlying, or apply a watchlist to scope the feed to a set of names.
  • Saved Filter Sets and Filters — both open the same Filters dialog (more below). The Filters control is labeled with the name of the view currently driving the screen, so you always know what's active.
  • Columns — choose and arrange which columns the table shows.
  • Export — download your results. This lives on Historical only (Live has no export) and is a paid feature.

Each mode then adds its own extras below the row: Live adds the Start / Pause / Resume / Reconnect controls and a connection status; Historical adds Refresh and the Date range and Time range pickers (with their own Apply / Revert).

Reading a trade row, column by column

Each row is one trade — or, in aggregated mode, one rolled-up block. Here's how to read it left to right, grouped from identity (what was traded) to economics (how big) to signal (what it might mean).

Option Trades — table columns close-up A close-up of the trade table columns.

Identity — what was traded:

  • Symbol — the underlying ticker.
  • Typecall or put.
  • Side — where the trade printed relative to the bid-ask spread (at the ask, mid, bid, etc.), which is how we infer who was the aggressor. See Options & Flow Concepts.
  • Strike — the contract's strike price.
  • Spot — the underlying's price at the time of the trade. If the data feed didn't provide a price, it's shown as not provided rather than guessed.
  • Moneyness — in-, at-, or out-of-the-money versus spot. Defined in Options & Flow Concepts.

Economics — how big:

  • Premium — the total dollars behind the trade. Large premium is the headline "size" number.
  • Size — the number of contracts.
  • OI (Open Interest) — how many contracts of this exact option are outstanding. See Option Chain & OI.
  • Vol/OI — today's volume relative to open interest; a high ratio flags an unusually active contract. Defined in Option Chain & OI.

Signal — what it might mean:

  • Delta and IV (implied volatility) — the contract's directional sensitivity and pricing of expected movement. See Greeks & GEX.
  • Sentiment — bullish, bearish, or neutral, derived from type and side. See Options & Flow Concepts.
  • Score — a summary read on how notable the trade is.

Example: how to find unusual call buying

  1. Open the Filters dialog and set Type to calls only.
  2. Set Sentiment to bullish (this catches buyers crossing the spread to pay up).
  3. Add a minimum Premium so you only see meaningful size.
  4. Add a minimum Vol/OI to surface contracts trading far above their existing open interest — a classic unusual-activity tell.
  5. Press Apply, then watch them arrive in Live, or switch to Historical to see who was buying over the past few days.

Saved views: draft, then commit

You edit filters inside one Filters dialog. The behavior is deliberately "draft then commit" so an in-progress edit never sneaks onto your screen by accident.

Option Trades — Filters dialog The Filters dialog, where you stage filter changes before applying them.

  • Your edits are staged — nothing changes on the live screen until you press Apply.
  • Apply commits the edits, refreshes the data, makes that view the active one, and quietly auto-saves the change.
  • Choosing Use on a different saved set loads that set's stored configuration and discards any unapplied edits.
  • Closing the dialog without applying silently throws away the unapplied edits — you reopen later from the last committed state.
  • Column layout, sort order, and page size commit immediately and auto-save — they're not part of the staged draft.
  • A few things are deliberately session-only and never saved: the date range, the time range, the typed symbol, and the current page number. These describe a momentary research action, so they reset rather than persist.

A Saved Filter Set is a named, reusable view that captures your filters, column layout, historical sort, and page size. Paid users can keep several; exactly one is the default the app falls back to. Creating, renaming, duplicating, deleting, changing the default, or overwriting saved sets are all paid features. A chip strip below the table summarizes exactly which criteria are currently applied.

Desktop alerts (paid)

In Live mode you can opt into desktop notifications for trades that match your active filters, toggled by the bell control. A few promises keep them trustworthy:

  • Alerts fire only for trades that already passed the same filtering as your visible feed — you're never alerted on something you wouldn't see.
  • The alert preference is independent of the stream — starting, pausing, or reconnecting Live never silently changes it.
  • If your browser blocks notifications, the bell shows a disabled state and the preference stays off, while Live keeps running.

Desktop alerts are a paid feature.

The freemium boundary, plainly

Guests and signed-in unpaid users always see a single, fixed public preview of the feed. The filter and sort controls are visible but disabled, with a hint explaining the upgrade — the screen never ambushes you with a forced sign-in or paywall popup. You can see the latest Live snapshot, but not the real-time stream, and you can't export.

Paid users get the full workstation: the live stream during market hours, custom filters and sorting, watchlist scoping, multiple saved views that persist across sessions, column management, export on Historical, advanced filters and metrics (including the GEX-environment filter — see Greeks & GEX), historical OI context, and desktop alerts.

What to do next

Now that you can read and filter the tape, learn how to save and reuse your screens in Watchlists & Filters, or jump to the ranked leaderboards in Rank Contracts and Rank Symbols — both can hand off "show me the flow behind this" straight into Option Trades.

Using TradingFlow7 min read

使用 Option Trades(实时盘口)

Option Trades 实时数据流的实操指南——实时与历史两种模式、共享控件、逐列读懂每一笔交易、保存视图以及提醒功能。

Option Trades 是你的实时兼历史"资金流数据流"——这条盘口会随交易实时滚动呈现期权成交,同时也能让你回溯过去几天,研究当时成交了什么、资金流向了哪里。可以把它看作浏览器里的一张专业交易台:你设定好筛选条件和列,把它们存成命名视图,然后实时观察资金流的到来。

打开地址:Option Trades。页面默认进入 Live(实时) 视图。

Option Trades — 实时视图 Option Trades 实时视图:标签页、控件与滚动的交易表格。

图例:

  1. Live / Historical 标签页 —— 在实时数据流与可研究的历史多日视图之间切换。
  2. 保存的筛选集 + 列 —— 选择哪个命名视图驱动当前屏幕,并选择要显示哪些列。
  3. 实时控件与市场状态 —— 启动 / 暂停 / 恢复 / 重连数据流,以及连接状态和交易时段指示。
  4. 交易表格 —— 每一笔交易(或每个聚合的大单)一行,最新的排在最上方。

实时还是历史:我该用哪个?

两种模式共享同一套筛选条件——看涨还是看跌、权利金大小、情绪等等,在两者间切换时都保持一致。区别仅仅在于你看的是哪个时间段

  • 实时模式 —— 最新交易日,持续更新。新交易成交时即落在数据流顶部。实时数据流是付费功能,在美股交易时段运行;其他用户(以及付费用户在休市时)仍能看到最新快照,只是没有实时更新。
  • 历史模式 —— 带日期与时间控件、分页呈现的过去活动视图,配有排序功能以及表格上方的成分摘要条。这里是你研究既往发生情况的地方。

切换标签页是即时的,绝不会丢失你的位置——它不会重新加载页面,也不会悄悄重跑你的搜索。新数据只在你主动请求时才加载(刷新历史、应用筛选变更、选择保存视图、按自选股限定范围,或启动实时数据流)。

共享控件行

两种模式顶部共用一行控件:

  • Live / Historical 标签页 —— 你的模式切换开关。
  • 代码搜索 —— 输入一个股票代码以聚焦某个标的,或应用一个自选股将数据流限定到一组名称。
  • 保存的筛选集Filters(筛选) —— 两者都打开同一个筛选对话框(详见下文)。筛选控件上标注着当前驱动屏幕的视图名称,因此你始终知道哪个视图在生效。
  • —— 选择并排列表格显示哪些列。
  • 导出 —— 下载你的结果。它仅在历史模式中存在(实时模式没有导出),且是付费功能

随后每种模式会在控件行下方加上各自的附加项:实时模式增加启动 / 暂停 / 恢复 / 重连控件和连接状态;历史模式增加 Refresh(刷新) 以及 日期范围时间范围 选择器(各自带 Apply / Revert 应用 / 还原)。

逐列读懂每一笔交易

每一行是一笔交易——在聚合模式下,则是一个汇总后的大单。下面教你从左到右读懂它,按身份(成交了什么)到经济性(多大规模)再到信号(可能意味着什么)来分组。

Option Trades — 表格列特写 交易表格各列的特写。

身份 —— 成交了什么:

  • Symbol(代码) —— 标的股票代码。
  • Type(类型) —— 看涨(call)看跌(put)
  • Side(方向) —— 成交相对买卖价差的位置(在卖价、中间价、买价等),这是我们推断谁是主动方的依据。详见期权与资金流概念
  • Strike(行权价) —— 合约的行权价格。
  • Spot(现价) —— 成交时标的的价格。若数据源未提供价格,则显示为"未提供"而不会臆测。
  • Moneyness(价值状态) —— 相对现价的实值、平值或虚值。定义见期权与资金流概念

经济性 —— 多大规模:

  • Premium(权利金) —— 这笔交易背后的总金额。大额权利金是最醒目的"规模"数字。
  • Size(数量) —— 合约张数。
  • OI(未平仓量) —— 这个具体期权当前未平仓的合约张数。详见期权链与未平仓量
  • Vol/OI —— 当日成交量相对未平仓量的比值;高比值标志着一个异常活跃的合约。定义见期权链与未平仓量

信号 —— 可能意味着什么:

  • DeltaIV(隐含波动率) —— 合约的方向敏感度以及对预期波动的定价。详见希腊字母与 GEX
  • Sentiment(情绪) —— 看涨、看跌或中性,由类型与方向推导得出。详见期权与资金流概念
  • Score(评分) —— 对这笔交易有多值得关注的一个综合判断。

示例:如何发现异常的看涨买入

  1. 打开 Filters(筛选) 对话框,将 Type(类型) 设为仅看涨
  2. Sentiment(情绪) 设为看涨(这能捕捉到跨过价差、主动付高价买入的买家)。
  3. 加上一个最小 Premium(权利金),让你只看到有意义的规模。
  4. 加上一个最小 Vol/OI,以浮现那些成交量远超现有未平仓量的合约——这是经典的异常活动信号。
  5. Apply(应用),然后在 实时 模式中观察它们到来,或切到 历史 模式查看过去几天里都是谁在买入。

保存视图:先草拟,再提交

你在一个 Filters(筛选)对话框 中编辑筛选条件。其行为被刻意设计为"先草拟,再提交",这样进行中的编辑就绝不会意外溜上你的屏幕。

Option Trades — 筛选对话框 筛选对话框,你在应用筛选变更之前先在这里暂存它们。

  • 你的编辑是暂存的——在你按 Apply(应用) 之前,实时屏幕上什么都不会变。
  • Apply(应用) 会提交这些编辑、刷新数据、把该视图设为当前生效视图,并悄悄自动保存这次变更。
  • 在另一个保存集上选择 Use(使用),会加载该集存储的配置,并丢弃任何未应用的编辑。
  • 不应用就关闭对话框,会悄悄丢弃未应用的编辑——你下次打开时从上一次提交的状态开始。
  • 列布局、排序顺序和每页条数会立即提交并自动保存——它们不属于暂存草稿。
  • 有几样东西被刻意设为仅当前会话有效、绝不保存:日期范围、时间范围、输入的代码以及当前页码。它们描述的是一个临时的研究动作,因此会重置而非持久保留。

保存的筛选集 是一个命名的、可复用的视图,包含你的筛选条件、列布局、历史排序和每页条数。付费用户可以保留多个;其中恰好有一个是应用回退时使用的默认集。创建、重命名、复制、删除、更改默认集或覆盖保存集都属于付费功能。表格下方的标签条会概括当前生效的具体条件。

桌面提醒(付费)

在实时模式下,你可以通过铃铛控件选择启用桌面通知,针对符合你当前筛选条件的交易。以下几条承诺保证了它们的可信度:

  • 提醒针对那些已通过与你可见数据流相同筛选的交易触发——你绝不会因为看不到的东西而收到提醒。
  • 提醒偏好与数据流相互独立——启动、暂停或重连实时模式都绝不会悄悄改变它。
  • 若你的浏览器禁止通知,铃铛会显示为禁用状态、偏好保持关闭,而实时模式照常运行。

桌面提醒是付费功能

直白说说免费与付费的边界

访客和已登录的未付费用户始终只看到一个固定的、单一的公开预览版数据流。筛选和排序控件可见但被禁用,并附有提示说明如何升级——屏幕绝不会用强制登录或付费墙弹窗来突袭你。你可以看到最新的实时快照,但看不到实时数据流,也无法导出。

付费用户获得完整的工作台:交易时段内的实时数据流自定义筛选与排序自选股限定范围、跨会话持久保留的多个保存视图列管理、历史模式下的导出、高级筛选与指标(包括 GEX 环境筛选——见希腊字母与 GEX)、历史未平仓量参照,以及桌面提醒。

下一步做什么

现在你已经能读懂并筛选盘口了,可以去自选股与筛选学习如何保存并复用你的筛选屏幕,或者直接跳到排行榜——合约排行标的排行,两者都能把"看看这背后的资金流"直接交接进 Option Trades。