WhaleStream is a real-time options flow platform that shows options trading activity from institutional investors. It helps retail traders spot what large investors, or “whales,” are doing in the options market.
Users can track options flow, dark pool transactions, and market sentiment as it happens. The platform highlights large and unusual options trades, aiming to reveal where smart money might be headed.
WhaleStream tries to cut through the noise and present clear data about options activity. Traders can use this info to make more informed decisions, at least, that’s the idea.
Features
WhaleStream packs in a handful of features for options traders. The dashboard shows real-time options flow with color-coded indicators for market sentiment.
You get a quick look at whether the market feels bullish or bearish, and it’s easy to compare call flow to put flow. The platform tracks different types of options orders, including:
- Sweeps – urgent orders split across multiple exchanges
- Splits – large orders broken into smaller blocks
- Option Blocks – single buyer and seller transactions
- Dark Pool activity – private institutional trades
Filtering tools let you customize your view by calls, puts, premium amounts, and market sectors. You can build watchlists to track specific stocks and get alerts about unusual activity.
Other features worth mentioning:
- Top Open Interest tracking
- TradingView chart integration
- Options contract charts with whale entries and exits
- Support and resistance level indicators
- Push notifications and text alerts
- Historical options flow data
- Real-time market news
- IPO calendar
- Earnings reports
- Active support chat
Costs
WhaleStream keeps pricing simple with two subscription options:
- Monthly subscription: $69 per month
- Annual subscription: $690 per year (basically, pay for 10 months and get 2 free)
New users get a 7-day free trial with full access to all features. It’s a decent way to test things out before paying.
There’s also a referral program. Members earn $10 per month for each new user they refer, plus $5 per month for referrals from those users. If you’re active, this can offset your subscription cost.
WhaleStream doesn’t offer refunds once you’ve paid. You can cancel anytime through your account settings, and your access continues until the end of the billing period.
Pros and Cons
Pros:
- Clean, intuitive interface. You can pick it up pretty quickly, even if you’re not a tech wizard.
- Real-time options flow data. No waiting around for updates.
- Comprehensive dark pool tracking, which is surprisingly detailed.
- Detailed stock analysis, including support and resistance levels.
- Active support staff available right in live chat. They actually respond.
- 7-day free trial with full access. No annoying restrictions.
- Platform gets regular updates and new features. Feels like they’re always working on it.
Cons:
- Price is higher than some other platforms ($69/month). Not exactly pocket change.
- No mobile app yet. It’s web-based only, so you’re stuck at your computer for now.
- Educational materials for beginners are kind of limited.
- Dark pool data comes with a 15-minute delay. Not ideal if you want everything instantly.