Greeks Heatmap
See where convexity, decay and volatility sensitivity concentrate across the entire option surface. Toggle between 2D heatmap, 3D surface and line charts for 7 different Greeks.
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What is Greeks Heatmap?
Greeks Heatmap The Greeks Heatmap is a colour-coded visualisation of options Greeks (Delta, Gamma, Theta, Vega, Vanna, Charm, Rho) plotted across strikes and expirations, revealing where risk concentrates.
Switch between calls, puts or net (calls minus puts) exposure, and toggle the x-axis between absolute strikes and moneyness percentage.
Why this matters for your trading.
How professional options traders use Greeks Heatmap to find edge.
Find the Gamma Cliff
The heatmap instantly reveals where gamma peaks — the strikes where small price moves trigger outsized delta changes. Essential for knowing where dealer hedging activity will amplify or dampen moves.
Identify Theta Decay Hotspots
See at a glance which strikes and expirations carry the heaviest time decay. Income traders can target the darkest theta cells for maximum premium capture.
Track Overnight Greek Shifts
The change-from-yesterday view shows exactly how Greeks moved overnight. Catch position drift, gamma expansion near expiry, and vanna effects from IV shifts before the market opens.
Spot Vanna and Charm Effects
Higher-order Greeks like Vanna (delta sensitivity to IV) and Charm (delta decay over time) are invisible in a standard chain. The heatmap makes them visible and actionable.
What's inside.
7 Greek Types
Delta, Gamma, Theta, Vega, Vanna, Charm and Rho — all on one screen
3 Visualisation Modes
2D colour heatmap, interactive 3D surface (Plotly), and multi-line chart
Change Comparison
See how Greeks shifted from the previous trading day
Click-to-Detail
Tap any cell for full strike breakdown including bid/ask and IV
How it works.
Select a Greek
Choose from Delta, Gamma, Theta, Vega, Vanna, Charm or Rho
Choose Your View
Toggle between 2D heatmap, 3D surface or line chart
Filter the Surface
Narrow by calls/puts/net, adjust strike range, and toggle moneyness view
Drill Into Detail
Click any cell to see the full strike breakdown with bid/ask and IV
When you'd reach for it.
Find the strikes with peak gamma to identify optimal scalping zones where small price moves create large delta changes.
Target the deepest theta cells across the surface to maximise time decay income on credit spreads and iron condors.
Use the net Greeks view (calls minus puts) to see aggregate dealer exposure and identify where hedging pressure concentrates.
Compare today's Greeks to yesterday's to catch position drift and prepare for the open.
Common questions, answered.
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