Do you ever feel like you’re trying to ignore the stock market? For example, you know there are some killer sales opportunities but you can’t find them? You may have found the solution to all your problems: advertising chameleon.
The platform looks like a giant neon sign showing you the best stock and options trading opportunities. It has all the tools and features you need such as stock market research, option sizing, order flow data, screens, earnings and more.
But the question on everyone’s mind is: Is a Sunday chameleon really the right choice for you? All right, what shall I say? I’ve done some research and will give you the full picture here.
Sit back and relax as we explain the features, costs, pros and cons of this stock instrument.
Features of the chameleon market
Table of Contents
1. Stock market research
As a stock trader, you may be interested in the tools Market Chameleon has to offer. While these tools aren’t necessarily groundbreaking, they can still be very useful. For example, you can use the platform to view top performing and lagging stocks and stocks with exceptional or low trading volume during a trading session.
You can also see which stocks have experienced large price movements and continue those movements throughout the day. Market Chameleon lets you analyze market order imbalances that occur when you trade multiple currencies based on the closing price at the end of the day.
Free users can view these imbalances in individual stocks, while paid subscribers can view order imbalances in the market, providing insight into institutional investor sentiment.
2. Size options and order flow
Well, let’s talk about the real star of the show: Info Options market chameleon. Now, if you are a new options trader, you may want something a little simpler like Motley Options. But be prepared for all the independent options traders out there because this platform has some useful tools for you.
One of the most popular features is the browser’s unusual size options. This scan automatically finds stocks where options are trading at a higher price than usual. And let me tell you, finding lots of unusual options can be like looking for a needle in a haystack. But with this device, it’s like someone hands you a needle and says, “That’s it!” say.
But that’s not all! Market Chameleon also identifies potential triggers for you. This will help you decide whether moving options are a real trading opportunity or a fluke. It’s like having a crystal ball in the stock market.
3. Personal tracking details
Have you ever noticed that you have too many stock and options contracts on your radar and felt like you needed a second pair of eyes to keep track of everything?
Market Chameleon solves this with its Unlimited Watchlist feature.
You can create as many watchlists as you want for a given stock or option. And the best part? Any screens or analytics available on the platform may be limited to the content of your Watchlist. It’s like having a personal assistant that will filter out all the noise and only show you the essentials.
4. Find achievements
Let’s talk about another area where market troublemakers shine: earnings season. In terms of earnings, the platform implements tools to help you find a profitable trading strategy.
There is an analysis page around earnings that shows which stocks are overvalued or undervalued. They compared the movement of option orders with the stock’s past earnings performance.
An interesting feature of this service is that it analyzes price changes caused by indirect option income and compares them with previous changes. In other words, it gives you the opportunity to take advantage of other traders’ mistakes by showing you where they are exaggerating.
Looking for an alternative stock research tool? You may want to review our internal options strategy reviews and trade ideas to see if this option ticks all the boxes for your investment needs.
How Much Does Market Chameleon Cost?
If you’re thinking about using Market Chameleon, you might be wondering how much it will cost. Here are the different subscription options available and the prices to match:
For $39 per month, the Market Chameleon Stock Trader plan provides access to all stock-related tools and data downloads. Option Trader costs $69 and provides most features except analysis of how options activity relates to earnings releases. The Profit Trader plan is more expensive at $79 per month, but includes a comparison of option activity vs earnings movement, but no options scanner.
The Total Access plan is $99 per month and includes access to all Market Chameleon options data and earnings analytics.
Like most alternatives like Trendpider, Market Chameleon has a variety of subscription options and corresponding prices. You can choose a paid plan that best suits your budget.
Sunday Chameleon Advantages and Disadvantages
professional
- Gap-and-go scanners and other free tools
- Options scanner with 18 different strategies
- Scan market orders and volume imbalance options
- Comparison of implied option price movements with historical earnings movements
- Ability to retest the performance of the options strategy during the earnings period
Cons
- The interface is difficult
- Paid plans can be more budget-friendly
Is Market Chameleon worth it?
Market Chameleon is a platform that offers a wide range of tools for stock and options traders. This is excellent in helping you identify potential trading opportunities, especially during earnings periods, by leveraging option order flow.
While the data it provides isn’t always easy to interpret, it can be perfect for seasoned options traders looking for a little extra help in finding profitable strategies.
So if you are an options trader looking for a new platform, why not give Market Chameleon a try? You can take advantage of the 7-day free trial of Market Chameleon and see if it helps with all your trading needs.
