I've seen a lot of new options flow data providers emerge recently like eg. CheddarFlow, FlowAlgo, black box stocks, Unusual Whales, etc.
These providers sell you a monthly subscription of $40-$100.
I have some questions regarding this: 1. Where do these providers get their data from? 2. Is this flow information worth the subscription amount they are charging? Especially for portfolio sizes > $250k 3. Is there any brokerage which can provide this data for free/lower charge? I know Fidelity provides some data but it's usually for the highest number of contracts so this could be way of the money which makes it less meaningful.
Submitted November 26, 2021 at 10:29AM by eopif https://ift.tt/3rdOfug
