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Contact Information | © 2009 LIVEVOL™ |
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| Find answers to frequently asked questions (FAQs) below. | ||||
| Navigation: | Watchlist | Ticker | Market | Company |
| Charts | Options | Time & Sales | News | |
| Earnings & Divs | Calendar | Scanner | Blog | |
| Trade Condtions | Trade Colors | |||
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How many symbols can I have in my entire watchlist?
You can have up to 500 unique symbols in your watchlist. |
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If I have the same symbol in multiple watchlist folders, does this count as more than one symbol toward the 500 limit?
No. You are allowed up to 500 unique symbols in your watchlist. |
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What does the Ticker track?
The ticker tracks: (1) Block option trades in all symbols that have listed options. (2) 52 week highs and lows in both stock price and IV30. |
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Which trades show up on the Market Tab?
Option trades for symbols in your watchlist that represent at least 2% of the average daily option volume. |
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Where can I find the average daily options volume for a symbol?
The company tab has this information; in the middle section entitled "Order flow." |
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Are the "Net premium" numbers calculated as total premium, or premium over parity?
The net premium number uses premium over parity (extrinsic value). |
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What are the net premium and net deltas?
Net delta: The overall delta position accumulated by market takers (customers) through options only for trades on the bid or offer; i.e. people getting long or short delta through options. Net premium: The overall premium position accumulated by market takers (customers) through options only for trades on the bid or offer; i.e. people buying or selling option premium (vol). Examples below:  
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Can I make the volatility chart bigger?
Yes. Click on the green "Volatilities" link to make the volatility chart larger. Click on the "Underlying" link to split the page again with the stock chart on top and vol chart on the bottom. |
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What is the significance of Open Interest?
Open Interest (OI) can be a valuable piece in understanding order flow under the right circumstances. OI represents the outstanding size of open positions for a specific option (month, strike price, option tye [call or put]). Examples are an easy way to demonstrate some uses for OI. Order: A purchase of 500 calls with 30 delta hits the tape in a stock with little to no average option volume. Example 1: The OI for that specific option is zero (or small i.e. ~10), - you know that at least 490 (trade size - OI) of that trade was a new opening order (this is a new bet). In this contrived example, a brand new 500 lot purchase of 30 delta options implies ("probably") a new long delta bet. Example 2: The OI on the line is greater than 500 - then you are not sure if it is an opening or closing bet (until tomorrow's OI is reported). If the OI increases 500 (all else equal), then it was an opening order (a new bet), if it goes down by 500 (all else equal) it was a closing order (ending of a bet). Of course, with multiple trades on that line it becomes much less clear as to exactly what was opening and closing in this example. OI can be a valuable tool in understanding order flow when new bets are made and can be very valuable in the right circusmtances (i.e. Example 1). |
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Which straddle do you track in the Earnings & Dividend Tab?
The option IV and straddle values for the earnings and dividend tab are calculated by looking at the straddle that is closest to at-the-money as of 5 days before earnings. The same strike is tracked until 5 days after earnings. Each day the actual value of the call and the put for both the first and second months is tracked throughout the event. The IV is generated by taking the average of the put and call IV for each of the straddles. If the option expiration occurs sooner than 5 days after the earnings event, the next months straddle is used instead. |
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What is the time horizon for the stock chart, straddle values and IV values on the Earnings & Dividend Tab?
All three charts begin 5 trading days before earnings and go through 5 trading days after earnings. |
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What types of scans does LIVEVOL™ Pro have?
We have several scans in each category. The categories are: IV, IV vs HV, Order Flow, Price and Time Spreads. |
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Where is the LIVEVOL™ Blog?
The LIVEVOL™ blog can be found here: http://livevol.blogspot.com/ |