Net Premium
Running net call premium and net put premium since the anchor period opened, in its own pane, with bought and sold judged against the mid.
Net Premium draws two running totals in a pane under the chart: net call premium and net put premium since the period opened. "Net" means premium bought minus premium sold. A trade above the mid counts as bought, below the mid as sold.
What you're looking for is the two lines pulling apart. On QQQ, a call line climbing away from a flat put line through the morning is one-sided upside positioning. Both lines rising together is a busy tape, not a directional one.
Adding the indicator
Open the chart settings panel and use the Add button in the Indicators section. Net Premium sits in the Subpane group, right after Flow. You can add up to four, each anchored on its own.
Settings
| Setting | Options | What it controls |
|---|---|---|
| Anchor | Session (default), Week, Month, Quarter, Year | When both totals reset to zero. Futures sessions roll at 18:00 ET, not midnight. |
| Lines | Calls colour, Puts colour | Green for calls and red for puts by default, the same colours net premium uses everywhere else in Skylit. |
Reading notes
- Trades at the mid are left out. So are trades with no quote to judge against. They're excluded rather than split between bought and sold.
- Each trade counts for at most $2M. One giant block can't flatten the rest of the session, so the lines read as how broad the positioning is, not the size of the single biggest ticket.
- A reset isn't a move. When the anchor period rolls over, both lines go back to zero. That drop is the reset, not selling.
- The row label always shows the anchor, like "Net Premium · Session", since that's the one thing that tells two panes apart.
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