Bender shares his strategy of combining the BlackBoxStocks options flow and algorithmic trading alerts with the powerful BlackBox community of active traders sharing live information on the next big daily moves before they occur.

Hello, everyone, I am delighted to be part of this community! I am excited to walk you through some of the methods I employ using the BlackBox platform in sync with my personal trading style.

The first thing I do every morning is activate the BlackBox pre-market scanner to identify any active movements. I search for tickers with significant volume and those that have made substantial moves.

Within the BlackBox platform, there’s a feature allowing you to click on a ticker and review any news associated with it. This feature helps me determine if there’s any specific news that day causing a pre-market move. This is the first step in my process. I then add these tickers to my watch list and monitor their pre-market behavior.

Once the trading bell rings, I turn my attention to the options flow. Typically, this process happens a few minutes before we receive any stock or options alerts for the day.

I observe the options flow and filter it according to my needs. I frequently focus on calls and maybe sweeps, either exceeding half a million dollars in value or more than 500 contracts. I adjust these filters as per requirement and observe what appears first in the options flow. The BlackBoxStocks options flow tool is incredibly powerful. It reveals where the big money is heading.

When you start noticing the same ticker appearing in the flow multiple times, it’s a signal to pay attention to that ticker since substantial money is being invested in it. I then check if that ticker has any news and then observe the chart; this is how I utilize the platform. I amalgamate the use of the options flow with technical analysis.

As I pull up the chart on multiple time frames, I try to comprehend why all this flow is coming in. Is it due to the news? Or is it merely a technical setup on the chart? I then attempt to understand the motive behind it.

Subsequently, I draw lines of support and resistance and use other indicators that the BlackBox platform provides to make sense of what I see. I wonder, why are all these people buying here? That is primarily how I use BlackBox for my options trading style. I combine the options flow with the alerts, as well as technical analysis of the charts. You can also monitor the most active calls, the most active puts, and where the bullish flow and bearish flow is.

Not only does BlackBox provide options flow alerts, but it also offers stock alerts. If you observe a stock alert and see flow coming in, from a technical perspective, these are signs that it has a good probability of moving in the direction that is being indicated.

Additionally, I’d like to provide you with an example of something that occurred today. The platform is fantastic, and the information it provides is incredibly valuable. Along with the conversations that happen in Discord and the resources that we have in Discord on live chat and live voice, you always have the moderators and members discussing.

Collectively, we’ll observe flow come in and today this occurred on YUM. We saw bullish flow come in, and the ticker made a move. Initially, I was looking at YUM in some areas of resistance for a potential rejection or the possibility for it to break down and start moving in the opposite direction.

So, I mentioned this on Discord, and I said, “Here are the potential areas of resistance I see.” I was looking at longer-term charts when I made this observation. When I did, one of our moderators, Mel Stone, our dark pool trading expert, said, “Well, I haven’t noticed anyone flipping out of these calls yet, and I haven’t seen anything in the dark pool, but I’ll keep an eye on it, and if anything happens, then I’ll let you know.” So, now I essentially have another pair of eyes on YUM. With another set of eyes on YUM, if it does reject, then people might start flipping out over the calls, or we might see some big volume in the dark pool.

Everyone in the live chat will now be alert about that ticker when someone makes a call. Or someone might mention that they’re seeing these prints in the dark pool, and that will indicate to me that we may have a chance for it to go in the opposite direction. I know a lot of people went long on YUM today and did well on it. I thought the rumor got a little bit too much of a move after the drop from earnings, so I was looking and waiting for that rejection.

When you combine the information you get from the BlackBox platform, the information that you can interpret from the flow, and information on the BlackBox Discord server, you can figure out what is truly happening. We have so many eyes on different things that if something hits the news or some headline comes out, it is going to get talked about almost instantly. Just imagine having an entire team helping you keep eyes on various tickers throughout the day. You do not get that anywhere else without the BlackBox community. And to me, the combination of the community and the platform is what really makes BlackBox something special.

I’ve talked about the news feature here, which I use a lot. There are also a few other hidden gems in BlackBox. If you go into the volume ratio scanner, you can see stocks that are trading higher than their normal volume. There is also a post-market scanner, so at the end of the day, at the closing bell, I’ll come over to the post-market scanner, and I’ll watch and see if anything moves after hours. Usually, for the first 30 minutes after the bell, we’re discussing earnings and we’re tuning in on how companies are reporting, and I’ll simultaneously watch the post-market scanner to see what is moving. All of that kind of starts the creation of my watch list for the next day.

Overall, those are the main key points on how I use the BlackBox platform. The features that I find to be the most useful, along with all this, is that if you are a new trader you can easily follow along with the moderators and see the calls that they’re making in Discord. This system is fantastic. BlackBox provides you with all the information you need, and there is a lot of help in our community to go along with it.