OptionFlow Filter Settings
This guide covers detailed filter configurations for Option Flow, including three presets and tips for adjusting based on market conditions.
Filter Overview
Option Flow filters let you target exactly the trades that match your strategy. Key dimensions:
| Filter | Description |
|---|---|
| Size | Minimum number of contracts |
| Price | Maximum premium per contract |
| Premium | Minimum total trade value |
| Expiration | Maximum days to expiration |
| Sentiment | Bullish, Bearish, or All |
| Execution | At Ask, At Bid, Between, or All |
Preset 1: Conservative
Best for swing trading and lower risk.
| Filter | Setting |
|---|---|
| Size | Greater than 1,000 contracts |
| Price | Less than $5.00 |
| Premium | Greater than $500K |
| Expiration | Less than 7 days |
Use when: You want larger, more established institutional bets with less time decay risk.
Preset 2: Aggressive
Best for day trading with high risk and reward.
| Filter | Setting |
|---|---|
| Size | Greater than 2,000 contracts |
| Price | Less than $1.00 |
| Premium | Greater than $100K |
| Expiration | 0DTE only |
Use when: You are focused on same-day moves and accept higher volatility.
Preset 3: Momentum
Best for momentum plays, aligned with Algo Edge style.
| Filter | Setting |
|---|---|
| Size | Greater than 3,000 contracts |
| Price | Less than $0.45 |
| Premium | Greater than $250K |
| Expiration | 14 days or less |
Use when: You want high-leverage, high-volume momentum setups.
Filter Reference Table
| Preset | Size | Price | Premium | Expiration |
|---|---|---|---|---|
| Conservative | >1,000 | <$5 | >$500K | <7 days |
| Aggressive | >2,000 | <$1 | >$100K | 0DTE only |
| Momentum | >3,000 | <$0.45 | >$250K | 14 days or less |
Saving Presets
- Open Option Flow and click Filter
- Set your desired values
- Click Save Preset
- Name the preset (e.g. "Morning 0DTE", "Swing Momentum")
- Load it later from the preset dropdown
You can save multiple presets for different strategies or market conditions.
Adjusting for Market Conditions
High Volatility (VIX elevated)
- Consider raising the Size filter (e.g. 1,500 instead of 500) to reduce noise
- Lower the Premium filter if flow is scattered across many smaller trades
- Stick to 0DTE or very short expirations for day trading
Low Volatility (VIX low)
- You may lower Size to catch more flow (e.g. 300-500)
- Premium filter can stay higher to focus on conviction
- Slightly longer expirations (1-2 weeks) can work for swing plays
Trending vs. Range-Bound
- Trending: Favor single-direction sentiment (Bullish or Bearish)
- Range-Bound: Consider both directions or neutral; flow may be more hedged
Time of Day
- Pre-market / Open: Use 0DTE or 1-2 DTE for morning momentum
- Midday: Same filters; focus on clusters and repeat alerts
- Afternoon: Tighten filters; avoid new 0DTE entries after 2 PM
Tips for Fine-Tuning
- Start strict, then relax: Begin with conservative filters. If you see too few alerts, loosen one dimension at a time.
- Match Algo Edge: If you use Algo Edge, align Option Flow filters (e.g. Size, Premium) for confirmation.
- Track what works: Note which preset and tweaks produced your best trades.
- Update weekly: Market regime changes; revisit filters at least weekly.