Suggestions for a Option Trading Alert service

Discussion in 'Options' started by arturo100, Aug 12, 2024.

  1. I have used in the past two option trading alert systems: TradeAlert (https://www.cboe.com/services/analytics/tradealert/individuals/) and OptionsGeek (https://optionsgeek.com/) by Felix Frey. While they are OK, I would like also to try something else. Ideally, I am looking for a service that sends on average at least a couple of trade ideas per week and also gives some rationale beyond their picks, so that I can learn also from them (and hopefully make some money). I shopped around for these services and I was amazed to see how many of them are out there. A few recent review examples are:


    https://stockanalysis.com/article/options-trading-alerts/
    https://tradersunion.com/interesting-articles/top-5-options-trading-alert-services/
    https://www.tradingview.com/news/st...:0-the-6-best-options-trading-alerts-in-2024/



    I was wondering if someone has experience on any of these services and would like to share his/her knowledge. As I said, I do my own research on options and I have built a system working a la TradeAlert, which spots unusual big trades and tries to guess the trade direction based on the closeness of the price to the bid/ask. However, things are not so simple and I would like to expand a little bit my horizon.
    Thanks in advance.
     
  2. ZBZB

    ZBZB

    Elite options on twitter
     
  3. Last edited: Aug 12, 2024
  4. Thanks for suggesting this resource. I had a look and they have an interesting explanation of their prediction of option trade direction. It is a worth reading for investors using sentiment analysis.