Call Volume Just Spiked. Does Price Follow?
This tool helps traders put current call volume readings into perspective by showing how price has historically responded to similar levels of unusual call activity, offering context beyond raw volume numbers alone.
Unusual options activity is one of the most closely watched, yet often misunderstood, signals in the market. When call volume spikes sharply in a stock, it is commonly interpreted as bullish, suggesting that traders are positioning for upside. However, raw call volume can be misleading on its own. A large absolute number of calls traded in a megacap stock may be routine, while the same number in a smaller name can represent a significant surge relative to its normal activity.
This is why comparing today's call volume to the stock's own recent average provides more useful information than looking at the absolute number alone. A reading well above the stock's typical levels can indicate a meaningful increase in bullish positioning, while a reading near its average suggests activity is within normal ranges. Understanding what usually follows requires context from how price has historically behaved after similar spikes in call volume for that stock.
Projects a potential price range over the next 45 days by applying historical forward returns from past similar setups.
Shows how often prices rose or fell after similar setups in the past.
The tool automatically scans the market and highlights stocks with the strongest setups for the day ahead.
A full log of every past day when conditions were similar.
Start the day by checking whether the tool is highlighting any unusual activity in your favorite stocks. This helps you quickly identify which names may be setting up for a potential move.
See how price has historically behaved after similar setups. This gives you a realistic view of what typically happens next instead of relying on guesswork.
Switch to Bar Graph view and set your target price level. The bars show how often similar setups reached that distance by upcoming expirations. Toggle between "By Touch" and "By Close" depending on your strategy.
Review the historical matches before taking a position. Pay attention to how many comparable setups exist and whether they occurred during similar market conditions. This helps you determine how much weight to give the current signal.
We welcome inquiries from traders, investors, institutions and affiliates
interested in learning more about our tools.