What the Whales are buying

In this guide we look at the Whales in LargeTrader A.I. The Whales are the big players, like funds and banks, that move huge sums on options every single day. Open the Find ideas menu and choose Whales: the question “What are the Whales buying today?” is copied into the box. Press Send. In a few seconds the answer arrives: on the left, the comment with the most interesting rows, and on the right, the panel with the table.

To read it more easily, expand the panel to full page. The table lists the S&P 500 stocks with the most unusual options activity of the session. The volume column tells you how many times options trading is above its average of the last thirty days: times twenty-eight means twenty-eight times the normal level. Total premium is how much money has gone into that stock's options. Next to it you see how it splits between calls, which gain if the stock rises, and puts, which gain if it falls. The Bullish and Bearish column estimates how much of that money is betting on a rise and how much on a fall. Below, the label sums it up: Bullish, Bearish, or Mixed when the two sides balance out. The last column is the price change for the day. The orange label warns that quarterly earnings are close: on those days, read the flow with extra care. To dig deeper, click a stock's name: its chart opens, with the price and the volumes of the latest sessions. The Whales show you where the big players' money is concentrated: a great starting point for your own analysis.