Primary line: the quick read
Solid on the chart. When price first reaches it from below, the reaction has tended to show within the half hour.
BTC · two lines · Pro Quant
See where the options market has drawn its ceiling, live on your chart.
Two resistance lines, read from the options market and redrawn as positioning shifts. The primary line is the quick one: when price first reaches it, the reaction has tended to come within half an hour. The secondary line works on a slower clock, over the hours that follow.
A recorded touch
Top 6% of 111 first touches of this line
| After a first touch | 15 min | 30 min | 1 h | 4 h | Touches |
|---|---|---|---|---|---|
| Primary line | 58% lower avg 3.9 bp lower | 64% lower avg 6.6 bp lower | 57% lower avg 1.2 bp lower | 61% lower avg 6.5 bp lower | 111 |
| Secondary line | 55% lower avg 0.7 bp lower | 53% lower avg 1.9 bp lower | 59% lower avg 4.7 bp lower | 65% lower avg 17.6 bp lower | 104 |
| Any minute | 50% lower avg 0.1 bp higher | 50% lower avg 0.2 bp higher | 49% lower avg 0.4 bp higher | 49% lower avg 1.6 bp higher | every minute |
A first touch is the first time in a UTC day that price reaches a line from below. Each cell is the share of those touches with price lower that long afterwards, and the average move. The last row takes the same measurement at every minute of the same days: what being in the market at all was worth. A line earns its place by the gap between its row and that one.
First touches taken at fixed ranks from the top of each line's record, each captioned with where it ranks. The dotted mark is the moment the line is scored on: thirty minutes for the primary line, four hours for the secondary.
Top 6% of 111 first touches of this line
Better than 83% of 111 first touches of this line
Better than 68% of 111 first touches of this line
Top 4% of 102 first touches of this line
Better than 78% of 102 first touches of this line
Better than 68% of 102 first touches of this line
Solid on the chart. When price first reaches it from below, the reaction has tended to show within the half hour.
Dashed on the chart. Its effect shows over the following hours rather than minutes, so it frames the session more than the next move.
Both lines move as options positioning shifts during the day. Every minute of them is kept as it stood, so a past day shows the lines exactly as they were, never redrawn after the fact.
Options Flow is part of Pro Quant, drawn on the same Terminal chart as the levels, the range forecast and the first-hour odds.