Market Overview
The whole market at a glance
The Market Overview is your dashboard for the entire options market. See sentiment, unusual activity, and opportunities without looking at individual stocks.
Availability: All plans (Delta and higher)
Key Indicators (Top Section)
Real-time market-wide metrics updated every second:
| Indicator | What It Shows | Interpretation |
|---|---|---|
| Term Structure | IV across expirations | Contango (normal) vs Backwardation (event risk) |
| Market Sentiment | Bullish vs bearish % | >60% = Bullish market, <40% = Bearish market |
| P/C Volume Ratio | Put/call by contracts | >1.0 = More puts traded (bearish) |
| P/C Premium Ratio | Put/call by dollars | >1.0 = More $ in puts (bearish) |
| Net Premium Flow | Net $ into calls vs puts | Positive = Net bullish flow |
Unusual Activity
Automatically detected unusual trades:
- Whale trades: $500K+ premium or 1000+ contracts
- Aggressive buying: At/above ask with urgency
- Block trades: Large negotiated trades >$100K
- Sweep orders: Multi-exchange sweeps
- Volume spikes: Trade size ≥10% of open interest
- IV spikes: Unusual volatility increases
- Far OTM positioning: Unusual strike selection
Flow Heatmap
Visual intensity map of call vs put flow across stocks:
- Green: Net call buying (bullish flow)
- Red: Net put buying (bearish flow)
Top Movers
Most Bullish
Criteria: Stocks with highest call premium and positive net flow
Most Bearish
Criteria: Stocks with highest put premium and negative net flow
Volume Leaders
Criteria: Most actively traded by options volume
Displays:
- Symbol and current price
- Total options volume (contracts)
- Total premium for the day
Volatility Analysis
High IV Stocks
Stocks with elevated implied volatility often precede earnings, FDA decisions, or other catalysts.
| IV Rank | Meaning | Color |
|---|---|---|
| 80-100% | Extremely high—near historical max | Red |
| 60-80% | Elevated—above average | Yellow |
| 40-60% | Normal range | Green |
| 20-40% | Below average—cheap options | Blue |
| 0-20% | Extremely low—near historical min | Purple |
Sector Rotation
Which sectors are hot or cold:
- Activity score (0-100%)
- Bullish/bearish trend
- Top stock per sector
- Net flow
Liquidity Zones
High OI strikes that act as support/resistance.
High Theta Opportunities
Options with high time decay for premium sellers.
Size vs OI Anomalies
When volume exceeds open interest (new positions).
High Greeks Exposure
Stocks with extreme delta/gamma positioning.
How to Use Market Overview
Navigation
Access: Click “Market Overview” in sidebar or navigate to /overview
Related Features:
- Unusual Activity - Detailed unusual trade analysis
- Options Flow - Live trade stream
- Watchlist - Track your favorite stocks
- Daily Analytics - Deep dive into positioning
Remember: Market Overview provides market intelligence, not trading signals. Detection algorithms are statistical models. Not all signals are actionable. Always do your own research.
