Delta Edge
Real-Time Options Dealer Positioning Terminal
Delta Edge is a professional-grade options analytics platform that visualizes dealer gamma exposure (GEX), identifies key positioning levels like call walls, put walls, vol triggers, and GEX flips, and forecasts where price is most likely to gravitate based on dealer hedging flows. Built for retail and professional options traders who want institutional-grade insight without an institutional price tag.
Core Features
- GEX Heatmap: Color-coded grid of dealer gamma across every strike and expiry, with HVT (High Value Target) and CP (Choke Point) markers.
- 0DTE Dashboard: Live dealer levels for zero-days-to-expiry options on SPY, QQQ, SPX, and NDX.
- 3D Vol Surface: Interactive implied volatility surface across strike and time, with OTM-only filtering and outlier rejection.
- Max Pain Calculator: Pin levels with distance-from-spot for every monthly and weekly expiry.
- Vega Profile: Net vega exposure across strikes — see where vol moves matter most.
- IV Skew & Term Structure: Visualize how IV varies across strikes and across time.
- Options Screener: Filter 500+ optionable tickers by gamma regime, dealer bias, and signal strength.
- AI Options Analyst: Built-in Claude-powered assistant that sees your screen and explains positioning in trader language.
- Community: Per-ticker channels, leaderboard, and shared analysis feed.
Why Dealer Positioning Matters
When you buy or sell an option, a market maker takes the other side. To stay delta-neutral, dealers hedge by buying or selling the underlying. In positive gamma regimes, dealer hedging stabilizes price — they sell into rallies and buy dips, suppressing volatility. In negative gamma regimes, dealers chase price in both directions, amplifying moves and creating trends. Knowing where dealers are positioned tells you whether the tape will pin, trend, or break. Delta Edge makes this positioning visible in real time.
Supported Tickers
SPY, QQQ, SPX, NDX, IWM, DIA, VIX, plus 500+ optionable single names including AAPL, NVDA, TSLA, AMZN, MSFT, META, GOOGL, AMD, and the rest of the most actively traded options chains. Data is sourced from Schwab and refreshes throughout the trading day.