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Capabilities

Turning complex option-market structure into clear, automated ratings, actionable signals, and AI-ready market intelligence.

A Decision Engine Powered by Option Structure

Trading Volatility analyzes gamma structure, vanna, charm, implied volatility, skew, and options flow to determine directional bias, volatility regime, and dealer positioning across a broad universe of stocks and indexes. Rather than forcing users to interpret raw options data alone, the platform converts option-market dynamics into automated ratings, decision-support signals, and now a structured API layer built for dashboards, automation, and AI agents.

Coverage
~1,000 stocks + major indexes
Default Updates
2× daily (open + close)
Premium
On-demand updates
API
New v2 structured endpoints

Automated Stock Ratings

  • Ratings for ~1,000 optionable stocks and major indexes
  • Updated twice daily by default:
    • Once in the first 40 minutes of the trading session
    • Again in the final 40 minutes before market close
  • Premium subscribers can request on-demand updates intra-session
  • Each rating reflects the most likely directional bias implied by current option structure

Ratings are intended as an initial decision-support and screening layer — helping you prioritize where deeper analysis or execution may be warranted.

Rating Scale
Score Classification
5Bullish
4Hold
3Avoid
2Wait
1Bearish

What Drives the Ratings

Ratings are automatically generated using a rules-based algorithm that evaluates:

Gamma Structure
  • Net gamma exposure by strike and expiration
  • Proximity to dominant gamma concentrations
Vanna & Charm Dynamics
  • Effects of changing implied volatility on dealer hedging
  • Time-decay-driven delta shifts near expiration
Implied Volatility & Skew
  • Directional demand for calls vs puts
  • Downside vs upside risk asymmetry
Expiration Structure
  • Weekly, monthly, and multi-expiration interactions
  • Short-dated dominance in intraday behavior

These inputs are combined to assess whether market-maker hedging behavior is more likely to stabilize price (mean-reverting environments) or amplify price movement (trend-prone environments).

Gamma, Vanna & Charm Analytics

Trading Volatility provides dedicated analytics pages for deep inspection of dealer positioning, including:

  • Net Delta Exposure
  • Net Gamma Exposure (GEX)
  • Vanna Exposure
  • Charm Exposure
  • Estimated daily hedging flows (gamma, vanna, charm)
  • Distribution of exposure by strike
  • Interactive charts and visuals to support interpretation
Flexible Expiration Control: Analyze any combination of expirations (weekly, monthly, quarterly, LEAPS) and see how exposure changes as expirations are added or removed — available on demand for any supported security.

Trading Volatility API v2

The new Trading Volatility API v2 extends the platform beyond charts and dashboards by exposing structured options intelligence through compact, machine-readable endpoints. Instead of returning only raw chain data, v2 delivers finished market-state outputs such as gamma structure, skew regime, call/put positioning, and market-structure summaries that can be used directly by developers, traders, dashboards, and AI agents.

What v2 Provides
  • Canonical ticker state snapshots
  • Market structure summaries built from price, gamma, skew, and flow
  • Structured GEX, vanna, charm, and skew outputs
  • Compact JSON schemas designed for easy downstream consumption
  • Human-readable and AI-readable endpoint design
Best Uses
  • Powering custom trading dashboards
  • Feeding screeners and automated workflows
  • Supporting AI-assisted market analysis
  • Building agent-driven research tools
  • Integrating structured market signals into internal systems
Built for agents and automation: Trading Volatility API v2 includes a dedicated LLM spec that helps AI systems and developer tools understand endpoint purpose, output schemas, and the best entry points for analysis.
Representative v2 Endpoint Categories
  • Ticker snapshots — compact market-state overviews
  • Market structure endpoints — assembled interpretation layers
  • GEX curve / level endpoints — key support/resistance structure
  • Skew and volatility diagnostics
  • Flow diagnostics — speculation, turnover, short-DTE, pressure
  • LLM-friendly outputs for AI analysis and automation

v2 is ideal for users who want to go beyond the website and integrate Trading Volatility intelligence directly into their own research, execution, or AI workflows.

My Dashboard — Watchlist & Signal Monitoring

My Dashboard provides a centralized view of ratings, signals, and key metrics for a custom watchlist.

  • Custom stock and index watchlists
  • Sorting and filtering by:
    • Bullish / Hold / Avoid / Bearish
    • Rating changes
    • Signal types
  • Fast identification of rating shifts and regime changes

A dedicated My Dashboard Guide walks users through advanced usage and workflows.

Alerts & Notifications

To stay informed without constant monitoring:

  • Enable Daily Email Notifications for My Dashboard Summary
  • Receive an evening summary highlighting rating changes, new signals, and updates across your watchlist
Great for catching rating shifts without being glued to your screen.

Gamma Level Exports & Integrations

  • Export gamma levels for your watchlist
  • Import into TradingView or ThinkOrSwim
Access Methods

Trading Volatility data is accessible via:

  • Website
  • API
  • Discord bot
  • Chrome extension

Advanced Market Structure Tools

These tools provide deeper visibility into positioning, flow, and institutional activity for traders who want to go beyond ratings and high-level signals.

Options Volume Analysis
  • Graphical view of daily put and call volume by strike
  • Overlay current gamma levels at each strike
  • Analyze breakeven prices for simple options strategies
  • Available for ~1,000 tickers and any expiration
SPX 0-DTE Monitoring
  • Track intraday SPX options volume alongside gamma levels by strike
  • See which strikes are attracting the most recent activity
  • Updated every 20 minutes, with real-time updates available
  • Designed to support intraday and same-day expiration analysis
Dark Pool Activity
  • Track daily dark pool activity across ~250 stocks
  • Historical view with EMA smoothing to reduce noise
  • Designed to highlight institutional accumulation and distribution trends

Additional Analytical Tools

Advanced users can explore:

  • GEX Dashboards — cross-universe gamma analysis
  • Skew & IV Charts — sentiment and expected-move context
  • Historical GEX Charts — regime changes over time
  • Dark Pool Charts — institutional activity signals
  • Put/Call Dashboard — positioning and sentiment analysis
  • Idea Dashboard — surfaced ideas based on option structure

Coverage & Limitations

  • Covers ~1,000 stocks and major indexes
  • Optimized for liquid option markets
  • Stocks below $5 are excluded
  • Major news events and macro data can temporarily override option-driven effects

Key Option Structure Concepts Used

Positive vs. Negative Gamma
  • Positive gamma dampens volatility as dealer hedging stabilizes price.
  • Negative gamma amplifies volatility as hedging reinforces price movement.
Expiration Effects
  • Gamma influence often peaks near expiration when hedging sensitivity is highest.
  • Short-dated options can dominate intraday behavior.
Call Resistance & Put Pressure
  • Concentrated call gamma can cap upside and pin price.
  • Heavy put gamma can accelerate downside moves.
  • As price moves away from key gamma concentrations, vanna-driven effects from IV changes can override gamma pressure.
Pinned Price

A price level where a dominant gamma concentration can stabilize price action, especially near expiration.

Gamma Squeeze

Occurs when market makers are short gamma and must hedge aggressively as price moves — often seen in speculative, call-heavy stocks (e.g., TSLA, GME, AMC).

Gamma Call Ladder

A structure with minimal put gamma and layered call gamma above spot, creating conditions for rapid upside moves and elevated volatility.