Options Flow & Positioning

Follow the activity. Explore the positioning.

Work with interactive charts, a multi-symbol GEX Matrix, recent options flow, volatility analysis, and session replay in one options workspace.

POSITIONING OVERVIEWSPY

Price and positioning

523.46Estimated dealer exposure
SAMPLE SESSION
Illustrative options positioning chartSample price candles with labelled call wall at 530, gamma flip at 523 and put wall at 516. Not live market data.535530525520515CALL WALL · 530GAMMA FLIP · 523PUT WALL · 51609:3011:0013:0015:00
Call wall530.00
Gamma flip523.00
Put wall516.00
Illustrative sample data
Inside the platform

Your options research toolkit.

Start with the chart, inspect the contracts, and follow how activity and positioning change.

01
Charts & exposure

Go from price to the contract.

Study price action alongside estimated dealer positioning, then explore the strikes and expirations behind it.

Chart workspace

Build a view around the way you analyze price.

  • Choose chart styles and regular or extended trading sessions.
  • Add EMA/SMA, VWAP, Bollinger Bands, RSI, and MACD.
  • Draw trendlines, rays, rectangles, and notes; inspect positioning levels and portfolio strikes.

GEX Matrix & 3D Surface

Move from an overview to a specific contract.

  • Compare up to four symbols; filter All, 0DTE, ≤2DTE, or ≤5DTE expirations.
  • Switch between Net GEX and buildup or cooling versus the first daily reading.
  • Open contract Greeks, IV, OI, volume, and available quotes; rotate the desktop-only 3D Surface across strike and expiration.
Explore an example

The chart, with the context around it.

Switch the sample symbol, chart style, or positioning overlays.

StratosHedge / Chart workspaceIllustrative sample data
NVDA15m · Illustrative prices
$104.80+2.40 (+2.34%)
O 103.71H 105.48L 102.91C 104.80Sample session · 15m bars
Illustrative NVDA price and volume. Sample last close $104.80.

26 sample 15-minute bars, volume, a moving average, and estimated positioning levels.

Price / volumeMoving averagePositioning levels

Key levels

Estimated exposure
γ Magnet106.00+1.15%
Call wall110.00+4.96%
Gamma flip102.00−2.67%
Put wall96.00−8.40%

Dark pool S/R

Sample prints
Resistance108.50240K shares
Support100.00180K shares

Sample watchlist

Select a symbol
SymbolMark / change

Real market symbols with illustrative prices. This sample watchlist contains no personal account data.

Real symbols · Illustrative figuresNot live market data
Explore an example

Explore the GEX Matrix.

Filter expirations and select a cell to see how the view connects exposure to a contract.

StratosHedge / GEX MatrixIllustrative sample data

GEX by strike & expiry

NVDA · Spot $104.80
Net GEX in view+$3.67M$ delta / $1 move
Positive exposure+$5.65MSelected expirations
Negative exposure−$1.98MSelected expirations

Select a cell to inspect a sample contract.

StrikeJun 120 DTEJun 153 DTEJun 175 DTEJun 197 DTENet
110+$110K
108+$520K
106+$660K
104+$1.48M
102+$2.15M
100−$360K
98−$890K
Total+$350K+$1.87M+$670K+$780K+$3.67M
Selected strike & expiration104 · Jun 15
Estimated net GEX+$720K
Sample call / put IV32.4% / 34.1%
Sample call / put OI3,060 / 3,670

Colors show signed exposure, not a buy or sell recommendation. Sample session: 2026-06-12.

Real symbols · Illustrative figuresNot live market data
02
Flow & volatility

Inspect what is changing.

Pair recent contract activity with exposure, volatility, and recorded positioning changes.

Ticker flow & premium

Follow recent options activity on the symbol you are studying.

  • Compare session call/put volume and open interest, then inspect premium by strike and expiration.
  • Inspect recent prints with sweep, floor, opening, and multi-leg flags.
  • Filter chart flow markers by premium and review intraday cumulative net premium.

Exposure & volatility analytics

Explore several dimensions of the options book.

  • Switch among GEX, DEX, VEX, and TEX; compare net exposure with call/put contributions.
  • Compare ATM implied volatility across expirations and skew across strikes.
  • Review recorded regime changes, day-over-day OI changes, and available max-pain levels.
Explore an example

Inspect a sample options session.

Compare premium, volume, and open interest, then filter the recent flow tape.

StratosHedge / Volatility & flowIllustrative sample data

Options flow

NVDA · Sample session
Net directional premium+$1.2MBullish minus bearish
Bullish premium$18.6M51.7% of classified premium
Bearish premium$17.4M48.3% of classified premium
Net call / put premium+$6.2M / +$1.4MBy contract type
Call / put volume184K / 126KPut / call volume ratio 0.68
Call / put open interest920K / 1.1MOutstanding contracts

Intraday net premium

Cumulative calls − puts · ET
Illustrative cumulative net call premium minus net put premium, ending at plus $4.8 million.

Sample cumulative net premium: +$4.8M at the close.

Recent options flow

Illustrative prints
NVDA 106C15:42 ET
Sweep · Ask$320K
Jun 19 expiry · Call contract
NVDA 102P15:26 ET
Opening · Ask$185K
Jun 19 expiry · Put contract
NVDA 108C14:58 ET
Multi-leg · Mixed$96K
Jun 19 expiry · Call contract
NVDA 100P14:31 ET
Floor · Bid$240K
Jun 19 expiry · Put contract

Tape filters affect the sample prints, not the session totals. Directional classifications are estimates.

Real symbols · Illustrative figuresNot live market data
03
Replay & alerts

Return to the session. Stay aware of the levels.

Keep a record of how the market developed and choose the conditions you want to monitor.

Session Replay

Revisit the trading days your workspace has recorded.

  • Scrub or play one or multiple recorded sessions.
  • Keep price, strike exposure, and the heatmap synchronized.
  • Track the migration of call walls, put walls, and the gamma flip through the session.

Price & positioning alerts

Create rules around the symbols and levels you follow.

  • Set price, daily-change, near-wall, gamma-crossing, and regime-change conditions.
  • Review triggered alerts in the alert history.
  • Use in-app or browser notifications, with device push where configured and supported.
Using the workspace

A few practical details.

Can I see recent options trades and sweep flags?

Yes. The ticker flow views show recent contract activity and available sweep, floor, opening, and multi-leg flags. Chart markers can be filtered by premium. Flow requires configured Unusual Whales access; coverage and updates depend on the provider.

How can I compare positioning across symbols?

Compare up to four symbols with expiration filters, or explore a single-symbol matrix by strike and expiration. Switch between Net GEX and changes versus the first recorded or live daily reading. Individual strike–expiration cells provide available call/put contract details.

Can I replay any historical trading day?

Replay needs enabled history recording and available sessions. Historical reconstruction depends on the provider: Theta can support historical intraday GEX reconstruction, while Unusual Whales replay uses sessions previously recorded by the workspace.

Which tools need recorded history or a desktop?

The 3D Surface is a desktop view. Volatility analysis uses recorded surfaces, and day-over-day open-interest analysis needs two recorded days. These tools show unavailable data when the necessary inputs are missing.

What do the positioning levels represent?

They are estimates derived from third-party options data and model assumptions. They are research context, not known dealer books, trade recommendations, or guarantees of future price behavior.

Our purpose. Your perspective.

Data intelligence.
Visualization with context.

StratosHedge is a data intelligence company focused on organizing and visualizing market information. Our charts, analytics, estimates, alerts, and educational content are provided for informational and educational purposes only. They are not financial, investment, tax, or legal advice, or recommendations to buy, sell, or hold any security.

Investing involves risk. Investing in stocks can result in the loss of some or all money invested. Options involve substantial risk: buyers can lose the entire premium paid, and certain strategies can produce losses greater than the initial investment. Uncovered call writing can expose investors to potentially unlimited losses.

Market data and model estimates may be delayed, incomplete, or inaccurate. You are responsible for your investment decisions.

Read our policies and risk disclosures
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