Optionshawk Daily Freebies Access To Notable Options Market Analysis

OptionsHawk, a comprehensive trading platform focused on equity and options trading, offers a "Daily Freebies" section that provides non-members with access to notable options activity and market insights. This free content serves as an introduction to the platform's analysis capabilities while reserving in-depth analysis for subscribers. The daily freebies section represents a valuable resource for options traders seeking to understand market movements and identify potential trading opportunities based on unusual options activity.

What is OptionsHawk

OptionsHawk functions as a one-stop shop for active equity and options traders, providing extensive market and individual stock analysis with a particular focus on options trading. The platform monitors unusual options activity to help traders "piggy-back" on the trades of what is referred to as the "smart money." In addition to tracking options flow, OptionsHawk offers technical analysis, complex option strategies, and original market insights.

A distinctive feature of the platform is its live chat environment during market hours, where users receive live coverage of the markets, trading opportunities, and set-ups. The platform positions itself as providing more actionable trading ideas daily than any other site in existence, while serving as a full-service equity trading hub.

The Daily Freebies Section

The "Options Flow Freebies" section of the OptionsHawk website is specifically designed for non-members who want to sample the options activity that the platform deems notable. This section provides a glimpse into the types of market movements and unusual options activity tracked by OptionsHawk, though further in-depth analysis is reserved for paying members.

According to the available information, this section covers every notable option trade in the market daily and delves deeper into more interesting trades. The free content serves as an educational resource and idea generation platform, though the comprehensive analysis and strategic insights remain behind the paywall.

Types of Free Content Available

OptionsHawk's daily freebies include several types of market information:

  • Notable options trades with basic details such as the stock ticker, option type (calls), strike price, expiration month, and price information
  • Brief explanations of the market context for these trades
  • Identification of stocks experiencing unusual options activity
  • Information about upcoming earnings reports that may be influencing options activity

The free content focuses on presenting the "what" of options trading—identifying which stocks are seeing unusual options activity—while the detailed analysis explaining the "why" and "how" to trade based on this information is reserved for subscribers.

Notable Trades Featured in Daily Freebies

Based on the available information, the Daily Freebies section has featured notable options activity in various companies, including:

  • Kaiser Aluminum (KALU): A significant move involving the purchase of 400 June $105 calls for $7.45, attributed to results
  • GXO Logistics (GXO): Unusual buying of 1,925 November $55 calls at $2.10 to $2.40 as implied volatility jumped, with the company set to report on November 4
  • Digital Ocean (DOCN): Identified as one of the top implied volatility gainers, with buyers in November $50 calls (1,550 contracts) and December $55 calls (1,390 contracts and 2,000 January $55 contracts in scattered lots)
  • Neuronetic (STIM): Unusual activity involving 1,665 February $5 calls bought after previous trading in 3,950 $7.50 calls and 2,500 November $5 calls

These examples demonstrate the types of options activity tracked and highlighted in the daily freebies section, providing traders with insights into market movements and potential trading opportunities.

How to Access Daily Freebies

Access to OptionsHawk's daily freebies appears to be available directly through their website's "Options Flow Freebies" section. No registration or subscription is required to view this basic content, making it accessible to any interested trader. The platform offers this free content as a way to demonstrate the value of their analysis and attract potential subscribers who may want access to more in-depth information.

Subscription Benefits vs. Free Content

While the daily freebies provide a valuable sample of options activity, OptionsHawk offers several subscription benefits that significantly enhance trading capabilities:

  1. Live Trading Hub: The core product providing live market coverage daily from 8:45am to 4pm, with fast and accurate alerts on unusual and notable option trades, technical alerts, charts, fundamental analysis, live breaking news, and analyst coverage.

  2. Market Recap: An end-of-day email summary at 3:45pm that breaks down notable options activity by sector, reviews the trading day, changes to the mock portfolio, and provides in-depth options reports.

  3. Weekly Earnings Snapshots: A Sunday email report containing in-depth earnings previews and analysis with option trading strategies for key reports.

  4. Live Mock Portfolio: An Excel spreadsheet detailing current mock-portfolio holdings, all past trades, portfolio attribution, and trading rules.

  5. 1 on 1 Access: Direct access to the platform's creator throughout the trading day for questions, comments, and participation with other members.

  6. Hawk's Trader Toolbox: A collection of helpful links from around the web for traders.

  7. OptionsHawk Research: Additional research throughout the year with special reports issued to members.

The platform offers two subscription tiers: - $399 for 30 days - $199 for 30 days (likely a promotional or discounted rate)

Free trials are reportedly only available in April each year and are restricted to those who have not previously been members or taken a trial. Individuals who sign up for a trial after having previously been on a trial or membership will be charged the full monthly price.

Features of the OptionsHawk Platform

OptionsHawk provides several sophisticated tools and features that enhance trading capabilities:

Hawk Database Section

  • A comprehensive database of all notable options positioning across the market
  • Easily digestible format with multiple filters
  • Typically adds 300 rows per day including option contract details, price, volume, open interest, Delta, Premium, and continuously updating current price, open interest, and position value
  • Filters allow breakdown by expiration, fundamental metrics, technical metrics, and options/volatility stats
  • Includes preset custom Hawk Scans serving as an options trade idea generation platform

Overview Section

  • Index/Sector/Currency/Commodity Heat Maps for quickly identifying market movements
  • Ability to click on moving elements to pull up charts

Additional Features

  • Automated bull/bear watchlists combining flow sentiment with technical indicators across multiple timeframes
  • Daily Options view across multiple scan indications at the market and ticker level
  • Automated options flow scanner with enhanced logic for greater accuracy
  • Custom-built stock charts with key indicators incorporating the options database to highlight key resistance/support based on options delta exposure
  • Integration of alternative data resources for further insight into company and industry trends
  • Automated trade idea generation across various option strategies based on pre-set criteria

Conclusion

OptionsHawk's Daily Freebies section provides valuable insights into notable options activity for traders who are not ready to commit to a subscription. While the free content offers a glimpse into unusual options movements and market trends, the platform's subscription services provide significantly more comprehensive analysis, real-time data, and trading tools. The daily freebies serve as an educational resource and sample of the platform's capabilities, potentially attracting traders who may eventually subscribe for more in-depth analysis and trading opportunities. For options traders interested in understanding market movements and identifying potential trading opportunities based on unusual options activity, OptionsHawk's free content represents a valuable starting point.

Sources

  1. OptionsHawk Member Guide & FAQ
  2. OptionsHawk Options Flow Freebies
  3. OptionsHawk Subscription Plans
  4. OptionsHawk Forum Discussion on Option Payoff Diagram Generator
  5. OptionsHawk Dashboard App Features