$SPY Flow Report\n\nUnusual Options Activity\nBullish Unusual Options Activity\n picked up significantly this morning but went flat as $SPY consolidated for the rest of the trading session. This should come as no surprise as the majority of traders will await the outcome of tomorrow's FOMC meeting.‍\nIt is worth noting a massive $3.69m put buyer stepped in just half an hour before close on the 6/17/22 $397 puts. Overall, there were several unusually large orders, both calls and puts, with 4 - 8 weeks until expiration. This could be a potential play at catching an IV spike on the contracts during tomorrow's initial FOMC reaction.\nDarkpool Activity\nSignificant size was transacted on the Darkpool market during the last hour of market hours, though the sentiment remains unclear. In total, over 5 million shares were transacted on the Darkpool market heading into close.\nHottest Contract\nThe 5/4 and 5/6 $413 and $417 puts received the most interest in the options flow market today.\nCall vs. Put Activity\nUnusual Options Flow put volume outweighed call volume 25k > 17k. Overall, options flow volume in $SPY was down over 60% compared to yesterday. While sentiment still seems to be leaning to the downside, anticipate a relatively quiet market until the FOMC's statements tomorrow afternoon.\n\nTechnical Analysis\n$SPY spent the entire trading session consolidating between the 20 day SMA and 50 day SMA, again no surprise considering the relatively low volume as institutional traders/investors tend to avoid allocating significant capital in the short term until after the FOMC meeting. The bulls need to reclaim the 50 day SMA at $419 if they have any shot at breaking the downtrend. Bears need to a 60 minute candle close below the 20 day SMA to confirm a legitimate push to lower lows.\n$QQQ Flow Report\n\nUnusual Options Activity\nBullish Unusual Options Activity \npicked up EOD but fell off as the indices consolidated for the majority of the trading session.\nWe detected a very unusual bullish position being built in $QQQ 12/16/22 $355 Calls just 15 minutes before close. We can only speculate, but it is likely someone was offloading their position before tomorrow's FOMC meeting. Of course, it could be that there is an institution with unusually bullish confidence in the long term.\nHottest Contract\nOutside of the 12/16/22 $355 calls, the 5/4 and 5/6 $320 calls received significant interest.\nCall vs. Put Activity\nOver $3m of the $10.49m in $QQQ call premium was a result of the 12/16/22 $355 call position.\n\nTechnical Analysis\nSee $SPY Analysis\n$IWM Flow Report\n\nUnusual Options Activity\nDespite showing sleight relative strength compared to $SPY and $QQQ, $IWM continued to see significantly more bearish unusual options activity than bullish. $IWM also continues to receive significant end of day unusual options activity.\nSimilar to $QQQ, the majority of large unusual options activity detected in $IWM were in medium/longer term contracts. Traders should wait to see institutions step in with well above average size following the FOMC meeting before making any significant trading decisions tomorrow, especially on the short term.\nHottest Contract\nThe 6/17/22 $179 puts ended the session with volume nearly 17x open interest. It is difficult to gauge the intention of this contract with the uncertainty of tomorrow's FOMC meeting impact, but we can speculate an institution is taking a swing at downside volatility tomorrow. This would make sense when considering $IWM has received significant end of day unusual options activity nearly every day for the past 2 weeks, resulting in massive gains for the institutions taking these last minute positions.\nCall vs. Put Activity\nPut activity continues to dominate call activity. It is worth noting that the majority of call orders on the session were rather insignificant, smaller orders. Put orders, meanwhile, showcased several more large, confident trades.\nTechnical Analysis\nSee $SPY\n\n\nDownload TitanFlow\n and start a free 7 day trial to access real time mobile Options Flow & Darkpool Data

Unusual Options Activity - Market Recap 5/3

Unusual Options Activity detected in $TSLA & $BA\n\nUnusual Options Activity\nBullish Unusual Options Activity\n detected in $TSLA 3 hours into Monday's trading session.\nVOL > OI\n in the weekly $900 calls is particularly intriguing, with volume well over 10x the Open interest on the contract.\n‍\nOTM\n contract Strikes indicate short term volatility sentiment.\n‍\nExpiration\n in most of the $TSLA Unusual Options Activity suggests institutional belief that the $900 strike will be tested within the next week, as almost all significant unusual options activity has been detected in 5/6 calls.‍\nHottest Contract\nThe 5/6 $900 calls have by far the most volume on the trading session. This appears to have been a day trade opportunity on $TSLA's reclaim of the 20 day SMA.\nCall vs. Put Activity\nThe put/call ratio of 0.73 does indicate buyer's have the upper hand, but there is below average volume across the board by $TSLA's standards. Look for another cluster of Unusual Options Activity to confirm there is volume capable of pushing $TSLA. Keep a close eye on any unusual options activity, particularly in weekly $900 calls, on a re-test of the HOD ($896).\n\nUnusual Options Activity\nBearish Unusual Options Activity\n detected in $BA 3 hours into Monday's trading session.\n‍\nVOL > OI\n in the weekly $145 puts is particularly intriguing, with volume over 12x the Open interest on the contract.\nOTM\n contract Strikes indicate short term volatility sentiment.\n‍\nExpiration\n in most of the $BA Unusual Options Activity suggests institutional belief that the critical support level of $145.5 could be broken soon, allowing $BA to see new 52 week lows and the weekly $145 puts to see a premium spike by going ITM.\nHottest Contract\nThe 5/6 $145 puts have by far the most volume on the trading session. This appears to be a short term trade opportunity on the price level $BA has defended 4 times over the past week of trading.\nCall vs. Put Activity\nThe put/call ratio of 3.93 indicates that if there is going to be any opportunity in $BA, it will almost certainly be to the downside. If $BA fails to make any significant downside movement, that does not mean the upside is an attractive opportunity, but rather that there is lack of any opportunity in the stock.\n\nDownload TitanFlow\n and start a free 7 day trial to access real time mobile Options Flow & Darkpool Data

Options Flow Daily

Unusual Options Activity - Market Recap 5/3

Intra-Day Unusual Options Activity - 5/2 Report