Unified Dealer Positioning Across 11 Greeks
Greeks Exposure
Unified Greek exposure analysis — 11 Greeks from Gamma (GEX) to Speed, Zomma and Ultima. See net dealer positioning, gamma flip levels and support/resistance implied by options.
No account needed to look at it on AAPL. Live market data on every plan, and you can cancel any time.
The screen
What the module
actually shows.
A real capture, not a mockup. Click it to enlarge, then open the same screen live on AAPL.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
What is Greeks Exposure?
Greeks Exposure Greeks Exposure maps net dealer positioning across 11 Greek types by strike, identifying gamma flip levels where hedging behaviour shifts from stabilising to amplifying price moves.
Includes higher-order Greeks (Speed, Zomma, Color, Vomma, Ultima) for advanced non-linear risk analysis.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
Inside the module
Every panel,
and its job.
What the screen opens with, part by part.
11 Greek Types
GEX, DEX, Theta, Vega, Charm, Vanna, Vomma, Speed, Zomma, Color, Ultima
Gamma Flip Detection
Automatic identification of the strike where dealer hedging flips direction
Key Levels Panel
Max gamma, max pain, support/resistance zones and dealer positioning summary
Cumulative View
Running sum of exposure for aggregate dealer positioning
Why it matters
What this buys you
on the desk.
How traders read Greeks Exposure when they are looking for an edge worth taking.
Predict Support and Resistance from Options
Positive GEX zones act as magnets — dealer hedging dampens moves, creating natural support/resistance. Negative GEX zones amplify moves. Knowing where the flip occurs gives you an edge on intraday direction.
Anticipate Dealer Hedging Flows
When you know aggregate dealer gamma, you can predict their hedging response to price moves. In positive gamma, dealers sell into rallies and buy dips. In negative gamma, they chase.
See Beyond First-Order Greeks
Speed tells you how fast gamma is changing, Vomma shows vega's sensitivity to vol, and Charm reveals how delta decays with time. These second and third-order effects matter for multi-day holds.
Find the Gamma Flip
The exact strike where net gamma changes sign is the market's tipping point. Above it, dealers stabilise. Below it, they accelerate. This level often acts as a day-trading pivot.
How it works
From a ticker
to a decision.
The order the screen expects you to work in.
-
Check GEX
Start with Gamma Exposure to see dealer positioning and the flip level
-
Review Key Levels
Note max gamma, support/resistance zones and current regime
-
Explore Other Greeks
Switch to Vanna, Charm or higher-order for deeper analysis
-
Use Cumulative View
Toggle cumulative to see aggregate dealer lean
Use cases
When you would
reach for it.
- Intraday Trading
- Use the gamma flip level as a directional pivot — above it, lean bullish (dealers buy dips); below it, lean bearish (dealers sell into drops).
- Options Selling
- Place short strikes in positive GEX zones where dealer hedging dampens moves, reducing the chance of being run over.
- Event Preparation
- Check how GEX changes as earnings approach — collapsing positive gamma means the market is losing its cushion.
Questions
What people ask
about this screen.
What is GEX?
Gamma Exposure (GEX) measures the amount of hedging activity market makers must perform at different price levels. Positive GEX dampens price moves; negative GEX amplifies them.
What is the gamma flip level?
The gamma flip is the exact strike price where net dealer gamma changes from positive to negative. Above it, dealers stabilise the market. Below it, they accelerate moves.
What are higher-order Greeks?
Speed (gamma of gamma), Zomma (gamma sensitivity to vol), Vomma (vega sensitivity to vol), Color (gamma decay over time), and Ultima (vomma sensitivity to vol). These capture non-linear risks invisible in standard Greeks.
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Greeks Exposure is one pane of the Terminal, and it opens on AAPL without an account. Every plan points the same module at the other 5,500 tickers.
Real market data, not a sandbox. Open Greeks Exposure on AAPL.