Toll Booth Trading
Market Signals

Whale Trades

Disclosures:
  • For informational and educational purposes only; not investment, legal, accounting, or tax advice.
  • Not a solicitation or offer to buy or sell any security.
  • Content is impersonal and not tailored to any person’s objectives or financial situation.
  • Trading involves risk, including possible loss of principal. Past performance is not indicative of future results.
  • Toll Booth Trading is not a broker-dealer or investment adviser.

Latest Whale Trade Prints

Stream of unusually large options orders that pass our rules‑based filters. All times Central Time (CT). Information is available from publicly available sources and may not reflect current or last prices.

Methodology and limitations:
  • Directionality is inferred heuristically relative to bid/ask (e.g., fills above ask ≈ long; below bid ≈ short) and may be incorrect.
  • Prints may represent hedges, multi‑leg, or delta‑neutral strategies; single‑leg interpretation can be misleading.
  • Filters include a dynamic, market‑cap scaled notional threshold and DTE < 120; some large prints may be omitted if they fail filters.
  • Bias confirmation: nightly check of prior‑day underlying move, with optional per‑tick options‑trade validation in a 15‑minute window after prints.
  • Data can contain errors; verify independently and do not rely on any single print.

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Additional disclosures:
  • Toll Booth Trading, its affiliates, and personnel may hold positions in mentioned securities and may trade contrary to any observed prints.
  • We do not receive compensation for including any security. If compensation is ever received for any mention, we will prominently disclose the nature, amount, and source in accordance with Securities Act §17(b).
  • No duty to update; information may change without notice.