SPY & QQQ, locked before the open.
These are today’s real levels, not a demo. The gamma state is public; the prices unlock with your email — and then land in your inbox before every open.
One email per trading day. Unsubscribe with one reply.
Dealers tend to amplify moves. Expect trend and wider swings.
Levels hidden — free with your email above
Levels hidden — free with your email above
The levels, printed on every chart before the open.
Every night the engine reads the full options chain on 400+ names and computes where dealer hedging is forced to concentrate. That becomes the lines on your chart — the Gamma Flip, the Call Wall, the Put Wall and the Gamma Nodes — computed after the close, locked before the open, never redrawn. The plan you read at 9:00 is the plan all day.
Above it, dealer hedging tends to dampen moves: days chop and mean-revert. Below it, the same hedging amplifies them: days trend and swing wider, in both directions. Not bullish or bearish; calm water or rough.
The strike above price holding the most call gamma across every expiration out to 45 days. Rallies into it meet dealer selling, so they tend to stall there rather than run through. An actual strike, not an average.
The strike below price holding the most put gamma. It is where the market bought its insurance, and price has tended to find buyers near it. The Gamma Nodes beside it are the next-heaviest strikes in between.
The next-heaviest strikes between the walls, drawn as grey lines whose thickness shows how much dealer gamma sits at each. Price tends to pause or react at them on the way from one wall to the other.
Levels tend to matter; some days they don’t. Nothing here is a signal or a prediction. How each one is read →
Know what kind of day you woke up in.
Every night we read the full options chain and compute dealer gamma at every strike. Where that money concentrates becomes the locked lines on your chart. Every strike is on the ladder beside them, so you can see how heavy each level actually is.
- The gamma statePositive gamma tends to mean chop and mean-reversion; negative gamma tends to mean trend and wider swings. One line decides which.
- The GEX ladderNet dealer gamma at every strike, summed across every expiration out to 45 days — the Call Wall and Put Wall are the heaviest bars on it, and the Gamma Nodes are the next ones.
- The GEX heatmap behind themThe whole option chain as one grid — every strike, every expiration — so you can see which date a wall belongs to and when it rolls off.
Which way the hedging wind blows — when price isn’t moving.
Gamma tells you what dealers must do when price moves. Vanna and charm tell you what they must do when only volatility or the clock moves — which is most of a session. Same open interest as the levels, locked with them before the open.
- Vanna — the vol flowHow much dealer hedging changes if implied vol moves one point. When the book is short puts, a calmer tape means dealer demand — the mechanical bid behind “vol down, market up.”
- Charm — the decay flowHow much hedging changes per day from time decay alone, with the share from this week’s expiries called out — the part that tends to show up as a push into the close.
- Arithmetic, not a forecastDollars of demand or supply, the strikes carrying them, and the assumption stated on the card. What the math implies if vol or time moves — never a direction call.
Every level, explained like a person would.
The engine does the math. The AI reads the locked levels, the spot price and the regime — and tells you what they mean in a few sentences. A sanity check before you size in, not a signal.
- Ask about any ticker or level“Where is NVDA versus its Gamma Flip?” “Why does the Call Wall matter today?”
- Grounded in the numbersAnswers cite the actual locked prices — no vibes, no recycled headlines.
- Never tells you what to buyIt explains positioning. The decision stays yours.
From the options chain to the lines on your chart.
After the close, we read the full options chain on SPY, QQQ and 400+ names — every strike, every expiration, where real money is actually positioned.
That positioning forces dealers to hedge. We calculate dealer gamma (GEX) at every strike: the dollars of forced buying and selling parked at each price.
The heaviest strikes become the Gamma Flip, the Call Wall, the Put Wall and the Gamma Nodes — locked before the open so the plan can’t move after the fact. Check them against the tape yourself.
The whole morning read, in one email.
The gamma state up top. SPY and QQQ levels underneath, with the dealer vanna and charm read for each. One chart with the Gamma Map. No essay, no fifteen links, no “markets were mixed.”
It lands before the open and takes about a minute. The levels are locked the night before and don’t move during the session.
The daily email with the real Nov 3, 2026 levels.
Start free. Go Pro for every name.
The morning read, free.
- SPY & QQQ levels, locked before the open
- The market’s gamma state, every morning
- Dealer flows — vanna and charm for SPY & QQQ
- The Gamma Map chart for SPY
- Plain-English notes on what each line means
$699 billed yearly, renews automatically · save $249 vs monthly
Start Pro- The chart — price with the locked levels drawn on it, any name, any timeframe
- GEX ladder and heatmap — dealer gamma at every strike and every expiration
- Locked levels on 400+ stocks & ETFs — Gamma Flip, Call Wall, Put Wall, Gamma Nodes
- Dealer Flows — vanna and charm on every name, locked with the levels
- Ask AI — plain-English reads on any ticker or level
Secure checkout by Stripe. Cancel any time from your account page — access runs to the end of the period you paid for.
Start with the free daily email — SPY & QQQ levels, the gamma state and the dealer flows read, before every open. Upgrade whenever you want every name.