I’ve been trying to figure out strategies and may have stumbled onto a few of them.
Strategy: track floor trades that happen at 9:30am. I follow the direction of the option in going calls or puts. And it goes that direction sometime in the day.
Example in picture is back test from a few days this year where there was 930am. Option flow. The bottom section of picture tells the open/high/low/close for that day along with the 0DTE value for that particular day. I have highlighted the lines that correspond to the 930am option flow. Puts came out in the open and by end of day it was a red day.
Anywho thought I’ll share. I’ll keep strategizing.