Websites For Traders: Crimsonmind.com by Jayanthi Gopalkrishnan
Unusual activity in the option markets can reveal a ton of information about the markets. Crimsonmind.com is one site that provides this type of information, along with other option-related data. There is a ton of information you can find on this site that will help you do some in-depth analysis of the option market and ultimately help you decide if you should open or close any positions.
When identifying unusual option activity, it is necessary to compare the put/call volume with the average daily volume. You may also need to compare volume against open interest or see if there is any new activity. To put it simply, there’s a lot of analysis that goes into option trading. And you can find all the data you need to perform these types of analysis on this site.