options_unusual_activity
Scan options for contracts where volume significantly exceeds open interest to detect potential smart money activity.
Instructions
Find options contracts with unusually high volume relative to open interest (a common 'smart money' signal). Scans the nearest expiration and flags contracts where volume/OI exceeds a threshold.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| symbol | Yes | Stock ticker symbol (e.g. 'AAPL', 'NYSE:GM') | |
| volume_oi_ratio | No | Min volume/OI ratio to flag as unusual (default: 3.0) | |
| min_volume | No | Min absolute volume (default: 100) | |
| side | No | Filter by option type (default: both) |