Platform Guide · Lesson 11 of 13
Build a Session Briefing
Gather the events, the range and the levels around one ticker, then write two scenarios: one for continuation and one for rejection.
In this lesson
- List the events inside a holding period
- Compare the chart’s range with the levels
- Write two scenarios and record where the panels disagree
Check the calendar and the news
Note earnings, economic releases and other events during your holding period. An estimated event window is not a confirmed time, and a scheduled date can change.
Mark the recent range
On the chart, mark the recent high and low.
Compare the levels
In Key Levels, compare the Ceiling (call wall), Floor (put wall) and Flip Line (gamma flip) with the current price. In the GEX Matrix, see which expirations build them; changing the expirations changes the question.
Write two scenarios
Describe what would support continuation and what would support rejection or a return to the range.
Example Consider this example
Price is $100, the Ceiling is $105 and the recent high is $102. Those are three separate observations. A move above $102 doesn’t mean a move to $105, and the Ceiling is not an order waiting to protect a position.
Positioning and dark pool observations can frame the scenarios, but they can’t establish certainty or reveal every participant’s hedge. If the panels disagree, write the disagreement down instead of looking for a view that confirms your preference.
Check your understanding
1 question. Answer each one, then open “Show answer” to compare.
Show answer
Answer: B. It says what to watch for when the market doesn’t do what you expect
A second scenario keeps a research idea from hardening into a fixed belief.
Key takeaways
- Events, range and levels are separate inputs.
- Two scenarios beat one forecast.
- Record disagreements between panels.
Try it in StratosHedge
For one ticker, list the next scheduled event, the recent high and low, and the nearest level above and below price. Then write your two scenarios.
Open Key Levels Needs: Retail plan
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Educational content, not investment advice. Lessons describe how markets and models tend to behave. They don’t tell anyone what to buy, sell or hold. Interactive examples use illustrative sample data, and simulator results are simulated — not actual trading. Options involve risk and are not suitable for all investors.
Risk disclosureCharacteristics and Risks of Standardized Options (OCC) (opens in a new tab)