WhaleStream’s algorithm analyzes specific order details in real-time to filter out the noise and allow you to focus on the smart money whale trades as they happen.
Some of the order details our algorithm analyzes include: total premium, how an order was filled, the speed an order is filled, volume, average volume, opening orders, and more.
Push notifications and text message alerts notify you of unusual options activity within seconds of order execution.
Real-time Options Flow
Dark Pool Trade Tracking
Dark Pool Insights
Advanced Flow Filtering
Flow Export Tool
Live Flow Indicators
Unusual & Highly Unusual Options Flow
Historical Options Flow Data
Text Message & Browser Alerts
Whales use Sweeps to quickly execute trades and to help conceal their large orders. Sweeps are often associated with urgency and also help the Whale stay under the radar by utilizing smart-routing technology to split their total large order into multiple smaller orders that SWEEP across multiple exchanges to fill quickly. Sweeps execute within microseconds of each other and print to the tape as those smaller orders. Our system detects these orders and presents the total combined order.
Much like Sweeps, Whales use Splits to quickly execute trades and to help conceal their large orders. Splits are often associated with urgency (slightly less urgent than Sweeps) and also help the Whale stay under the radar by breaking up one large order and SPLITTING their total large order into multiple smaller blocks that all get filled ON ONE EXCHANGE. Splits execute within microseconds of each other and print to the tape as those smaller blocks orders to conceal their total size. Our system detects these orders and presents the total combined order.
Option Blocks are simply just 1:1 trades. An option block is a single buyer and a single seller. The entire order is filled as one large order and is printed to the tape as such. Option Blocks don't typically represent as much urgency as a sweep or split, but they are still worth paying attention to.
Dark Pools are private exchanges only accessible to institutions used to conceal and execute extremely large orders away from the public market. Institutions use dark pools to fill extremely large orders without impacting the market which allows them to get their entire order filled at much more desirable price. There is no public order book for dark pools so the institution’s trading intentions are not released to the general public. WhaleStream displays the dark pool data as it is made available.