Trading & Arbitrage Patterns
Position flow and yield metrics
Track position flow, premium distribution, and arbitrage metrics.
Sparkline Widgets
| Metric | Description |
|---|---|
| Implied Forward | Market’s expected future price |
| Call Premium | Total call premium in the chain |
| Put Premium | Total put premium in the chain |
| Call/Put OI Imbalance | Ratio of call to put open interest |
Charts
Position Flow & Sentiment
- Call/Put OI Imbalance
- Total OI Change %
- Put Premium, Call Premium
Arbitrage & Yield Metrics
- Implied Forward
- Box Spread Yield and Credit
- Div/Borrow Yield
Interpreting Position Flow
| Metric | Bullish Signal | Bearish Signal |
|---|---|---|
| Call/Put OI Imbalance | Rising (more calls) | Falling (more puts) |
| Call Premium | Rising | Falling |
| Put Premium | Falling | Rising |
| Total OI Change % | Rising with calls | Rising with puts |
Arbitrage Metrics
| Metric | Description |
|---|---|
| Implied Forward | Expected future price from options pricing |
| Box Spread Yield | Risk-free rate implied by box spreads |
| Div/Borrow Yield | Dividend and borrow cost implied by options |
Use Cases
- Position flow tracking: Monitor call vs put premium trends
- Institutional activity: Large premium changes indicate positioning
- Yield analysis: Compare box spread yield to risk-free rates
- Forward pricing: Implied forward vs current price shows expectations
Note: Past patterns don’t guarantee future results. Use as one tool among many.
