Uncovering Real Market Activity: How to Screen for Vertical Put Spreads Using Market Chameleon
When you trade options, understanding what’s actually happening in the market — not just what’s quoted — can make a real difference in how you identify opportunities. That’s where Market Chameleon’s Option Trades Screener comes in. This powerful feature allows you to analyze trading flow across multiple strategies, including vertical put spreads, giving you a clearer view of how participants are positioning themselves and where value may exist.
The Option Trades Screener gives you the ability to move beyond surface-level quotes and uncover real trades as they occur. By filtering for vertical put spreads — where one put option is bought and another is sold at a different strike — you can gain valuable insight into whether traders are leaning bullish, bearish, or positioning for limited-risk exposure.
For example, when traders open vertical put spreads with strong volume and tight pricing, it often signals conviction in a directional move or a hedge against an existing position. Seeing that activity gives you a measurable sense of market sentiment that can be difficult to spot using quotes alone.
Using the screener, you can:
Detect active put spreads across multiple expirations and strikes.
Evaluate execution quality by comparing traded prices to the bid/ask range, helping you assess where real transactions are taking place relative to fair value.
Identify trade clusters that may represent institutional or algorithmic strategies, providing insight into the broader flow of capital.
Assess sentiment shifts as traders adjust exposure based on implied volatility and market direction.
Each trade record adds a piece to the larger puzzle — showing you how real participants are executing strategies in dynamic market conditions.
Market Chameleon’s tools are designed to help you turn raw data into actionable context. By tracking trades instead of just quotes, you can develop a better understanding of what’s driving market movement, how pricing efficiency changes throughout the day, and where opportunities may exist for better entry or exit points.
This level of transparency can be invaluable whether you’re managing your own portfolio or simply trying to understand how professional traders structure spreads in competitive markets.
You can explore the screener for yourself here:
?? https://marketchameleon.com/Screeners/OptionTrades
Trading is about making informed choices — and that means grounding your decisions in data, not guesswork. The Option Trades Screener puts that information at your fingertips, allowing you to analyze vertical put spreads and other strategies with clarity and confidence.
When you use real trading activity as your reference point, you’re not reacting to noise — you’re evaluating genuine market behavior.
Disclosure:
Market Chameleon is not a registered investment adviser or broker-dealer. The information provided here is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial professional before making trading decisions.