SweepCast is an options trading platform built for retail traders who want to follow “smart money” by tracking unusual options activity. It highlights large volume orders and sends alerts when something unusual pops up on stocks or ETFs you care about.
Features
SweepCast packs some handy tools for options traders looking to watch institutional money moves.
- Smart Option Flow Tracking: The platform spots and displays unusual options activity for key tickers. Color-coded alerts help you zero in on the big moves.
- Real-Time Order Flow: You can catch unusual options activity as it happens, which is great for anyone who hates missing out.
- Custom Watchlist: Build your own watchlist of stocks and ETFs. That way, you only see options flow for the stuff you actually trade.
- Detailed Information: Hover or click an alert to get the nitty-gritty, trade price, open interest versus volume, and even upcoming earnings dates.
- Historical Data: Need to look back? The platform offers past unusual options activity so you can spot patterns or double-check trends.
- Live Chat Room: Jump into the chat room and connect with other traders. Share ideas, ask questions, or just see what everyone else is thinking.
- CSV Export: Download your data for analysis or just to keep your own records. It’s surprisingly useful if you like digging into numbers.
- Mobile and Browser Access: Use SweepCast on your desktop or mobile browser. No need to be chained to your desk.
- Dark Pool Data: This feature’s “coming soon” for those who want to catch institutional trades in the shadows.
Costs
SweepCast has a few pricing plans, something for everyone, really.
Monthly Plan: $39.99 per month
- Access to all the core features
- Real-time unusual order flow
- Custom watchlist
- Live chat room
- Historical data
- CSV export
- Easy upgrade if you want to go annual
Annual Plan: $249 per year
- Saves you over 40% compared to monthly payments
- Everything from the monthly plan
- Premium support
- Best for folks who are in it for the long haul
Trial Option: $12 for a 14-day trial
- Full access to the platform
- Auto-renews at the monthly rate if you stick around
- Includes real-time order flow, live chat, and watchlist
Summary
SweepCast gives retail traders access to unusual options activity data that used to be reserved for the pros. The platform was built by retail traders, aiming to help others spot potentially profitable trades by following institutional money.
The interface is simple and color-coded, so it’s pretty easy to spot odd activity. You can get more details with just a hover or click.
The chat room brings a bit of community feel, letting traders bounce ideas off each other. SweepCast tries to keep things actionable without drowning you in info, which is honestly refreshing if you want to sharpen your options strategy by following the so-called “smart money.”
Pros and Cons
Pros:
- The interface feels user-friendly and makes complex options flow data easier to understand.
- Pricing stays affordable, especially when you compare it to those big institutional-level tools.
Cons:
- Some advanced features, like Dark Pool data, are still marked as “coming soon.”
- The platform sticks to options flow and doesn’t really branch out into broader trading tools or analytics.