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What are the best free tools to scan for unusual options activity in the cryptocurrency market?

avatarTeichralleDec 15, 2021 · 3 years ago3 answers

Can anyone recommend some reliable and free tools that can be used to scan for unusual options activity in the cryptocurrency market? I'm interested in finding tools that can help me identify any abnormal trading patterns or large trades that could indicate potential market manipulation or insider trading. It would be great if the tools are user-friendly and provide real-time data. Any suggestions?

What are the best free tools to scan for unusual options activity in the cryptocurrency market?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    One of the best free tools to scan for unusual options activity in the cryptocurrency market is CoinMarketCal. It provides a comprehensive calendar of upcoming events and announcements related to cryptocurrencies. By monitoring the events and the associated options trading activity, you can identify any unusual or abnormal trading patterns. CoinMarketCal also offers real-time data and user-friendly interface, making it a valuable tool for traders and investors.
  • avatarDec 15, 2021 · 3 years ago
    Another free tool that you can use to scan for unusual options activity in the cryptocurrency market is TradingView. It is a popular platform among traders and provides a wide range of technical analysis tools. By using the options-related indicators and charts available on TradingView, you can easily spot any abnormal trading patterns or large trades. The platform also allows you to set up alerts and notifications for specific options activity, ensuring that you don't miss any potential market manipulation or insider trading.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a free tool called Options Scanner that can help you scan for unusual options activity in the cryptocurrency market. It provides real-time data and advanced filters to identify any abnormal trading patterns or large trades. The Options Scanner is user-friendly and allows you to customize your search criteria based on your trading preferences. It is a reliable tool for traders and investors who want to stay informed about any potential market manipulation or insider trading.