Florbs (a good or bad name?

When your tool is built around option flow and you have abysmal volume and no major moves either way ($SPY has barely broken out of a $1 range lol), the ping pong bing bong gets the creative juices flowing and we start looking at new features to ship that will make RIGD alerts even better.

Currently RIGD alerts fire based on option flow scoring system we developed. The higher the score the stronger the signal.

But as we saw last week when all the lizard people were at some Hamptons party filled with rappers and athletes (our invite got lost in the mail)…

Sometimes there won’t be large big money moves to follow.

On one hand this is great because you don’t have to look at the screen or the charts or even the market at all and can be 100% confident that when big $$$ starts making their moves, you will get an instant email alert (within one minute) so you can follow or fade the action.

However given the noted degeneracy and chadness of our closed beta members, an alerts app that doesn’t fire alerts every single session can get kind of boring and won’t be addictive and what fun is that we just want stuff to trade and to make enough money to get invited to the lizard people hamptons party.

New Stuff Coming - FLORBS (FLOW ORBS)

We’ll be adding florbs (flow orbs) to our SPY and QQQ charts this week.

They’re pretty simple and self-explanatory, green indicates bullish activity and red indicates bearish activity.

The florbs will scale based on the score occurring within the minute.

Made up example:

At 10:39 AM and we see an option sweep of SPY 440c above the ask scored 120, SPY 441c at the ask scored 80 and SPY 441p at the ask scored 65.

Combined bull score 200.

Combined bear score 65.

200 - 65 = 135 green flow orb that will hover over the 10:39 minute.

How to use it when it launches:

It would be nice if every time a major move happened that there was a high score bull or bear bomb right before, but sometimes positions are built over time in smaller increments.

We’ll catch the action, store it, backtest it and then be able to give AI recommendations on what trades to take.

For now the florbs (probably not their final name but they’re also so stupid it’s kind of based), can be used as an indicator on market direction.

So if you’re looking at the chart and see a few green florbs in a short-timeframe and the move hasn’t happened yet, it’s a good sign to yolo the rent money on 0dte calls.

The signal gets even stronger if the florbs appear and are followed by a bull bomb.

Long-term it will be epic when we can backtest things like 6 green florbs followed by a 800 score bull bomb in the open session on average returns XX% within 34 minutes.

Comments v1 Coming Today!

The long awaited comment section for alerts should launch today and be available tomorrow.

If you’ve checked the dashboard recently, you’ll notice that some of our top historical trades are now showing and can be clicked on so you can go back and see the chart.

Here’s an example of a 153% ripper we sent out on the QQQ on July 6.

We’ll be dropping the following in the comments:

The chart looks kind of barebones without more bombs, so that’s why florbs are going to be a killer addition.

We probably would have traded this thing differently (aggressive call buying) if we started to see green florbs around 11:15 - 11:30.

Overall: Platform improvements continue. We are building the best options alert app for degens.

Stay frosty

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