# Options Flow

Every option trade as it prints, marked bought or sold, with bought-versus-sold premium, top strikes, large prints and the volatility summary.

**Options Flow** shows who is buying and who is selling options right now. Every
trade is marked **bought** (the buyer paid up) or **sold** (the seller hit the
bid); trades in between are **undecided**. Premium is in dollars, and **net
premium** is bought minus sold.

## What it shows

| View | What it is |
|---|---|
| **Overview** | Bought, undecided and sold premium for calls and puts, for the session and for the last 5 minutes, plus the top strikes and expirations by net premium |
| **Tape** | Every trade, newest first: time, contract, side, size, price, premium and where it traded against the quote |
| **Large** | The session's largest prints |
| **Vol** | ATM, front and back-month volatility, the put/call ratio, and one row per expiration |

The header number is the put/call ratio by premium. Small badges on a trade
mark a **leg** (part of a multi-leg order) or **ON** (traded in the overnight session).

## Practical application

**Reading it.** Calls bought heavily while puts are sold is a bullish
tilt in premium terms; the reverse is bearish. Compare the **last 5 minutes**
with the **session**: a recent swing against the day's tilt is the interesting part.

**How to use it.**

- **Top strikes** that match a wall or the flip show where traders are paying
  for the level to matter. Check [Key Levels](https://q-bitf.com/docs/widgets/key-levels).
- **Hide multi-leg** to see directional trades without spread legs.
- **Switch to 0DTE** to isolate same-day trading.
- **Raise the minimum premium** to follow only large trades.
- In the **Vol** view, a front volatility far above back volatility means the
  market is pricing near-term movement.

Works live and in Replay. Replay shows the large prints and a roll-up stored every
30 seconds, not every individual trade. Classification of a trade is an estimate:
treat a single print as a clue, and the totals as the signal.
