Bigshort Options Scanner Review

BigShort is a trading platform that gives stock traders real-time charts and indicators. It lets users track market activity and make decisions on the fly.

The company claims their trading indicators turned $139,000 into $10 million in actual profits. That’s a bold claim.

Features

BigShort packs in several features for traders. The SmartFlow tool highlights market activity as it happens and says it can spot Smart Money moves.

It tries to separate retail from institutional volume, helping users catch trends before prices shift. The Manipulation indicator tries to show market maker intent, giving a hint at possible price direction.

OptionFlow puts option trading activity right onto the charts. You’ll see option blocks, sweeps, and splits in real time.

Dark pool transactions pop up on the charts too, which can make support and resistance levels a bit easier to spot.

UltraFlow gathers data from every S&P 500 stock into a single chart. It crunches millions of data points to surface market trends.

There’s also a Short Squeeze indicator, which BigShort says has a 90% win rate. Take that number with a grain of salt, but it’s there.

BigShort lets you access all NYSE and Nasdaq tickers. You can join a Discord chat with other subscribers if you’re into that.

They throw in educational content too, blog posts, webinars, that sort of thing, to help users learn the tools.

Costs

You can try BigShort for two weeks at $37. After that, it’s either monthly or annual plans.

The monthly plan runs $149 per month (down from $375, apparently). You get all features and can use up to three screens.

The annual plan is $1,188 per year, which works out to about $99 a month. Both plans include the same set of features.

Professional accounts are a thing too, but you’ll need to contact support at bigshort.com for pricing. No details upfront.

All plans unlock every trading tool, indicator, and the private Discord chat. Monthly and annual subscribers get the same stuff.

Summary

BigShort tries to give traders an edge by showing market activity you just don’t see with traditional tools. It mixes option flow, dark pool data, and its own indicators to help users make decisions.

The focus is on real-time action, not lagging technical indicators. BigShort argues its approach beats technical analysis, fundamental analysis, and other platforms that only show part of the picture.

It even picked up an award for Best Order Flow Analytics at the 2023 Benzinga Fintech Awards. User testimonials talk about better trades and improved results after switching to BigShort.

It’s not cheap compared to basic charting tools. Still, BigShort aims at serious traders who want access to data usually reserved for institutions.

Pros and Cons

Pros:

  • You can pull in data from options, dark pool, and equity sources, all in one spot.
  • It shows real-time info for every NYSE and Nasdaq stock out there.

Cons:

  • The monthly price is pretty steep when you stack it up against basic charting tools.
  • There are bold claims about turning $139k into $10 million, but let’s be honest, just because it happened before doesn’t mean it’ll happen again.