Scan for Unusual Options Activity in ThinkorSwim

[@shortthestrike]

🛠Just launched my trading journal! If you trade stocks, options, futures, or crypto, give it a try with a 7-day free trial and let me know what you think! traderlog.io/

[@rajr-do9zy]

Best of luck with your Journal . Looks like this is VOlume > Open is not working after merging with Schwab . Any alternatives you recommend?

[@laodrofotic7713]

you must be the only one this good, not ironically. you are lifting people up.

[@neuvocastezero1838]

Well presented, succinct and super informative. You are king of the TOS educators. Thank you.

[@daveclark6324]

Very well explained, great details, good examples, well spoken. What a great video! Thanks so much for sharing the info! 👍

[@shortthestrike]

Glad you liked it!

[@richardaron5095]

Excellent tutorial and well explained. Thank you!

[@kanakkala]

Excellent set up. This is what I was looking for. I ran same query. there are numbers on the right against each filter. Though scan says no matching symbols.

[@wallofstone]

Same issue

[@shankerchennapareddy-z7n]

EXCELLENT YOU BROADENED MY WAY OF LOOKING THE OPTION CHAIN AND SELECTING TRADES SINCERE THANKS FRIEND

[@kwanzajohnson212]

This video is excellent! Although I need to call my broker because some of the results after adding the filters aren't coming up for me, it is definitely a really good video. So thank you!

[@gajarajk]

You are The Best of The Best, right on the money, Thank You" is an Understatement, Boss Thank you so much !!

[@shortthestrike]

I appreciate that!

[@hbrstock4613]

WoW, Excellent tutorial and well explained. Thank you for sharing valuable knowledge !

[@dipakdahal9392]

This video is like one of those hidden gems.. simply awesome.. Thank you!!

[@shortthestrike]

Thank you!

[@markbaier4421]

Great presentation. Easy to listen to and follow along. Must be a teacher!!!

[@PremKumar-zy3tk]

When I set volume > open interest, I always get 'No matching symbols' as results. Can you please help me resolve this issue? I tried this on multiple days. But same results.

[@jameso4291]

Great video! Much appreciated!

[@shortthestrike]

Thank you!!

[@torsnewbie249]

Thank you Shortthestrike. I found this webinar to be very helpful. Nice job.

[@j_endless]

Great video. Just started using TOS, fantastic platform. Almost too robust but better to have more than enough and not need it vs needing and not having

[@shortthestrike]

Glad it helped!

[@FerrerChacin]

Great video - can you work on the part 2 which would be once the scan runs determine the top 3 trading opportunities and set up the trade in a paper account to evaluate its performance.

[@shortthestrike]

I think that's a great idea. Absolutely!

[@FerrerChacin]

@@shortthestrike - would you let us know when you have it ready👍🏼

[@SirOmarTorres]

I'd like to be notified once it's ready too.

[@BlazinSess]

Awesome video. Thanks for sharing.

[@cashcam2919]

nice video was lookin at option blocks trades and flow services and found the flash trade now i need to set up a account and see if it's on the mobile app as i work a lot i tend to take long calls and puts with stop orders in place for when i'm not able to watch

[@PeaceLoveLight444]

Thank you for your video!

[@shortthestrike]

Glad it was helpful!

[@kevinjones9536]

Thank you for sharing - very good explanation of setting up the scanner. It would be greatly appreciated if you could do a video on " Relative Volume" and how to scan for it prior to a stock breakout.🙂

[@philipalexander8826]

Hello, Thanks for the video. i’ve been trying to run this scan for the last few days but I come back with no results I think my error is coming from the custom study. Have you been having the same issue?

[@SandpitCrew]

Same here. Tried 3 times/saved with different names...still nothing. It just won't scan.

[@SandpitCrew]

I, instead deleted the Custom condition. This way, it is at least showing me results.

[@MayhemGaming619]

Very Clear, Very helpful... Earned a sub... Thanks man.

[@Drakto]

Could you possibly share some of your watchlists??? Your videos are amazing!

[@poiuy0910]

Do you have any moving averages TOS scanners pls share thanks for all your help

[@FerrerChacin]

Thank you! I ran the scan yesterday but it did not pick up any options.....any thoughts on that? I ran it around 11 am.

[@rashedhoque]

was looking for something like this. Thank a lot.

[@shortthestrike]

Most welcome!

[@ryanspeed4671]

Enjoyed the video and very informative great information.

[@shortthestrike]

Thank you!

[@cococat9194]

Thanks for the Step x Step...

[@nicholasdelgado6846]

This was such a clear and concise video. Thank you for making this! Do these parameters only work during market hours? I followed them exactly and I am getting zero results.

[@1811bruce]

Hi, Great video! New Sub. Did you come up with the new update on TOS? Mine wouldn't show any results either with the older version. Thanks!

[@poltad]

This is great. I will need to check this to see if it picked up the WMT weekly 130P that had unusually high volume today around 3:30 ET which was appears to have been a news leak.

[@MarketingVideography]

Well done vid.Thx.

[@je3434]

Great video!! Clearly explained!!

[@shortthestrike]

Glad it was helpful!

[@Mr_Duck_RVA]

As others have said the custom filter causes no matches to show up. Once you remove that filter it'll work but not sure if it does what you want it to acheive.

[@zackbarton7859]

Newbie question: Are you using a TOS application? This looks much different from the web app (desktop) and also the mobile app. Thanks! Great content.

[@JH-to7vs]

Thank you for great video very helpful.

[@shortthestrike]

Thank you!

[@Altitron]

Thank you for the video! One question, once you've set everything up and you perform a scan, what is the time frame that the scan is looking at to provide your list of 35 contracts? I just crunched a scan myself and also see a BIDU 100P contract that expires this upcoming Friday is already up 950%... sheesh. I suppose another question is, is it possible to see when that specific trade was entered? I think it's a little too late to jump into a trade that's already up that much haha.

[@consipicy]

awesome video! thank you!

[@goldjones123]

what to do when the trade flash is empty of any data? even when i add.a ticker, no information populates.

[@terrywilliams2349]

Thanks this video was helpful!!

[@shortthestrike]

Glad you liked it!

[@Sam-fv4im]

For some reason this scanner does not work, any suggestions?

[@badland1342]

Brooo amazing video

[@soniqq1]

Great info. Is it possible for you to post a tos link to copy your setup please for options ? Thanks!

[@davidjegger1310]

can one filter for option order flow like with Cheddar?

[@timfitch5814]

Hello, great video. Like a few others, I’m not showing any results. I’ve ran it multiple times over a few days. Do all thinkorswim accounts have this capability?

[@jeremyico7581]

the study filter is not available for paper money

[@pp-rz1mw]

Thank you !! Now i can cancel Cheddar Flow

[@rogueangel6760]

Hi and thank you for this, however, I am trying to backtest unusual options activity and see I am unable to use the scans in "on demand?" It there a way to go back in thinkorswim and backtest for unusual options activity, say on Jan 23, 2023? Thanks for all you do! Terrific videos!👏

[@Sanjay_Patel]

First, thank you for excellent video. Can you please make a video on how to use Market Maker Mover filter in Option Hacker to scan in addition to the filters you have already created. Thank you.

[@vinodpatel6839]

Is there a TOS script for scanning volume change from previous minute? If there is significant increase in volume from previous minute volume. I liked your videos. Thx.

[@adambauman8044]

Dang, I'm surprised someone this knowledgeable is using think or swim. Not that there is a problem with that but it seems like all the pros use other platforms. Awesome video by the way. Your articulate way of explaining makes it easy to follow along.

[@Tyme]

What other platforms 😂? TD Ameritrade/Think or swim is the GOAT 🐐

[@lieutenantpi]

why are some buy orders and sell orders in gray? I cant find the meaning posted anywhere.

[@ez1968]

Can this track options activities in the last few bars? Is there a way to change the timeframe for the scan? (Data from months ago)?

[@GM18215]

Thank you.

[@DANW7504]

Does only work when the market is open???

[@travisperry2176]

I've had no luck with the "volume is greater than open interest" study. It always shows no matching symbols. I've set it up exactly as shown.

[@bhaveravindra]

can you share the scan url so that we can have it readymade for testing. Also have you refined it further more to give accurate results

[@jimd1617]

thank you 🤝

[@rockneyhoward8379]

Great Video! Any chance you could do one on interpretation of trades?

[@Unidentifiedmale]

The sales tag isn’t showing up on mine

[@shortthestrike]

I wasn't able to find anyway to hide it. The only thing I can think of is that it may require advanced features. You can give their support line a call and have them flip that on. Then check tomorrow and see if that fixes it!

[@TheMongobongo]

Idk what's happening but my list simply won't populate. When I select the Options Volume filter - nothing even appears.

[@gradycaldwell]

When I try to add a study filter to my scan I get a message that says I am not permissioned for study filters

[@shortthestrike]

It sounds like you're in PaperMoney. You'll only be able to use study filters in live trading.

[@gopim4674]

how to find out if it was sold or bought, I just see whether it is Put or Buy. I am looking to know if it was a Put/Buy or Put/Sell

[@lmps6059]

Thank you!!

[@shortthestrike]

Glad you liked it!

[@smoothluke76]

Hi I have this set up and it use to work but hasnt been working anymore?

[@shortthestrike]

Sorry, I keep forgetting to check the video. They must have made an update in the time I made this originally and something is out of wack. Just need to find it and make a correction

[@followeroftheword97]

@@shortthestrike cool thanks

[@ajyannucci7331]

Scan does not work for me either, when I delete all conditions/Filters except "Volume is greater than Open Interest" I do get futures only. Seems that it's not scaning Stocks. Can someone tell me how I can get it to scan Stocks ? Thanks Freddy

[@FMD023]

TOS is a POS, they dirty. I made a great option scanner and it will not scan on TOS anymore after some of their updates

[@brentervin8613]

Can someone help! This is the type of scan I have been looking for but it doesn't seem to work for me. It appears it only works on "All Symbols" and only shows the futures as results (no stocks results). When I use "All Stock" or any other there are no results.

[@shortthestrike]

Let me look at it tonight. Something may have changed since I made this if its not working for you

[@brentervin8613]

@@shortthestrike Thanks so much. Do you do consulting or create custom scans for clients?

[@MrDemian051]

excuse me i have a question regarding unusual scan. what does it mean when a unusual scan pops up right at opening bell but disappears after a while. im talking about amd there where alot of scans for calls but now they are gone.

[@shortthestrike]

Do they disappear in the scan tab or when you have them opened as a watchlist?

[@MrDemian051]

@@shortthestrike in the scan tab. U never noticed them disappearing

[@shortthestrike]

@@MrDemian051 I don't know what you mean by disappearing. When I hit scan, only those that still meet the criteria will be displayed.

[@c1rcamaster]

For some reason the volume > OI condition doesn't work for me

[@HiveMind2024]

Show the option chart that shows the volume and when they were purchased or sold

[@kanakkala]

Awesome!

[@dfwnorthwest]

volume filter eliminated everything. not sure but seems like that might not be working in TOS

[@virgilio1956]

did you figure out why it stopped working ?

[@rcarlosbalcazar1]

I did everything but it does not display anything

[@alphaicegordon4754]

how do you save this scan?

[@shortthestrike]

In the upper right hand corner you'll see an icon that looks like three little lines. Once you click on that you'll see "save scan query."

[@oluwajayjay]

This no longer works. I am just on the call with a support person from TOS and she cant get it to work from here side either. Please let me know if this still works for you

[@charlesfrenzel7009]

Scan doesn't work. Using "All Symbols" only returns futures/minis. If you are getting the Option Scan to work please detail any other settings you might have saved in TOS memory or computer memory or blocks.

[@shortthestrike]

They had an update to TOS. Making an update to this video right now actually!

[@charlesfrenzel3530]

Let us know what you figure out. Thanks for the video

[@charlesfrenzel7009]

@@charlesfrenzel3530 Did you figure out the problem with the "Volume is greater than Open Interest" for option strike volume?

[@rajr-do9zy]

not working when we use volume > open interest.

[@yowtaktang5559]

Can I follow? I think more viewing

[@ethanstrong3986]

Scan doesn't work

[@paulsboris]

Very decise

[@poltad]

Doesn’t work great as it is missing the biggest insight into market today WMT July 29 130P. Over 13,000 contracts with open interest only at 348 doesn’t pick it up in scan.

[@shortthestrike]

It won't be perfect. In this case the option volume for walmart was low across the board. It didn't meet the criteria of having a call/put sizzle greater than 2.0

[@shortthestrike]

It also didn't show in trade flash which is pretty odd. With that kind of volume I would have though a couple large trades, but based on that it must have a been many smaller trades

[@MichaelDeLuise-v9i]

Still not working.

[@dfwnorthwest]

If anyone is still trying to get the volume vs open interest filter working, use the approach here. kzbin.info/www/bejne/l5C6mKGXq9l1mdk Basically, 1st add an options filter open interest max 500, then another options filter volume > 3000. Does a very similar function - small open interest but volume much larger than OI

[@dennyburnham7585]

took me a hour to follow, all i got when i scaned was aal

[@gopim4674]

All I know is whether it is PUT or Call

[@THE_CaptainJustice]

TOO BAD THE AUTHOR IS NOT WATCHING HIS THREAD. LOOKS GREAT BUT AS OF NOW DOES NOT WORK. I HAVE TINKERED WITH ALL OF THE SETTIINGS AND CAN'T FIGURE IT OUT.😥

[@kennethgoforth809]

I followed your instructions to the letter and the scanner didn't show me jack shit.

[@shortthestrike]

I run it everyday without issue. I’m out of town for a bit, but I’ll run it when I’m back to see if something somehow “broke” in the last few days

[@kennethgoforth809]

@@shortthestrike I ran the exact same thing and it come up "blank"

[@oneWORMarmy]

@@shortthestrike Same issue. Any fix to this?

[@shortthestrike]

@@kennethgoforth809 I'd double check what you entered. I still use the exact same scanner pretty much every day

[@kennethgoforth809]

@@shortthestrike Well I'm glad it works for somebody

[@virgilio1956]

scan is not working for last month or so !

[@shortthestrike]

They had an update to TOS. Making an update to this video right now actually!

[@virgilio1956]

@@shortthestrike thanks !

[@YODA1969]

@@shortthestrike is there a link for the updated video?? Yeah volume higher than OI condition does not work. Thank you!!

[@yanivginio]

Thank You!!!