5 ms·
Think of it as a real-time pump and dump. Professionals view it for sentiment validation - and there are several tools that already attempt and provide that on
by cik 6y ago
Think of it as a real-time pump and dump. Professionals view it for sentiment validation - and there are several tools that already attempt and provide that on Bloomberg terminals using combinations of Webull, Stocktwits, and WSB to name a few.
Part of this is stock moves - but some are purely the underlying options, a lot more of what WSB trades. Given that (many) options have little to no movement (where little is < 100 contracts a day) cataloging and tracking this sentiment activity can be incredibly valuable, assuming you have all the data.