Posted in Daily Report
By: Tom Gentile on January 12th, 2022 • 2 mins read
Hey Tom, What Way is the Market Going to go?
I get this question more times than I can count. Even in a day’s period of time I get hit with this question quite a bit.
I run Market Overview video session each Monday through Friday on YouTube (11:30am US ET) that you all can attend free.
I go over in those sessions the areas of the markets I analyze to help me base my assessment on market direction. Subscribe to my YouTube channel to get notified when I go live: https://www.youtube.com/c/TomGentileTrader.
Seeking out Options to Consider
Once one determines an upward or downward directional bias for the markets, the next question for an options trader is what options should I consider.
My tools and my app have the means to see what options on what stocks have an Unusually High amount of options activity (Calls or Puts).
These area not recommendations, but an idea where other traders are hanging their hat and at least are a good place to start your research. Below is an example of both lists and their results for today.
App: Toms Option Tools
Market Insight articles may show images of lists of stocks meeting a variety of options parameters like Unusual Call and or Put activity or Expensive IV found on my app Toms Option Tools.
Other times the charts may work to amplify my educational points.
Those options data lists, however, can be found on my app Tom’s Option Tools. Use your device to search up and download this app and get free access to the Morning Reports section of the app.
Other parts of the app are available at a premium subscription rate, but the Morning Reports Lists are yours free.