06.24.22 | At Thursday’s Low … Puts Sold-to-Open

Integrating Options Order Flow with DeMark Sequential

Thurs, between 12:43 and 13:43, a series of machine orders, increasing in position size … executed as price declined.   Four strikes shown above.   (FWIW, this was seen in realtime and tweeted.)

The 3700 strike saw ~$450M in premium sold.   Those $35 puts could be covered for $4 at Friday’s close.

Intraday DeMark signals align perfectly … signaling the entry on Thursday and exit on Friday.