What is reading the tape?
Reading the tape is a way to look at the order flow of the stock market. Because of this, you can think of it as looking “under the hood” of the market.
The tape is what creates charts, candles, and support/resistance. There are two parts of tape reading: Time & Sales and Level 2.
In the video above, we’ll discuss how to use the tape in our options trading practice to get an edge.