Documentation
Learn how Gamma Exposure (GEX) works and how to use every feature on the GammaBaba platform — from the heatmap to live option flow, charts, sentiment, 3D surface, and more.
Free book
Options Trading 101 — An Old Wolf's Stories
Risk, the Greeks, core strategies, and the discipline behind them. Read free online or download PDF/EPUB.
GEX Concepts
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What is GEX?
Gamma, dealer hedging mechanics, and why Gamma Exposure creates observable patterns in price action.
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Reading the Heatmap
Colors, the King Strike, rows, columns, cell details, summary metrics, and Fixed-Strike IV confirmation.
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GEX Patterns & Concepts
Common GEX patterns: Gamma Flip, OpEx dynamics, King pinning, intraday shifts, and a reference cheat sheet.
Platform Features
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Chart View
Candlestick charts with GEX level overlays, EMA / RSI / WaveTrend indicators, and a sidebar GEX profile.
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Live Flow
Real-time option order feed with sweep/block detection, unusual-activity scoring, saved filter presets, and sentiment estimation.
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Flow Pulse
Net premium flow for SPY / QQQ / IWM plus a market-wide composite — intraday pulse in one glance.
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Sentiment
Market-wide sentiment gauges for SPY, QQQ and IWM derived from options data — fear/greed scoring.
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1-Month Skew
Risk-reversal (call IV − put IV) plotted alongside price — a direct read on call vs put demand.
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3D Surface
Interactive 3D view of the gamma exposure surface across strikes and expirations.
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Compare
Side-by-side multi-ticker analysis — GEX profiles, King Strikes, net gamma and key metrics at once.
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GEX Profile
Net GEX plotted as a horizontal profile across strikes, with King Strike and Gamma Flip marked.
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GEX Multi-Panel
One mini GEX profile per expiry side by side — separate short-dated from monthly positioning.
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GEX Flow
Intraday time-series of GEX at each top strike — spot regime shifts and convergence patterns.
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Gamma Gauge
At-a-glance regime dashboard: GEX intensity, 0–100 regime score, OI-weighted IV, and context cards.
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Options Data
Full raw options chain — OI, volume, greeks, IV, premium, GEX contribution — all sortable.
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Scanner
Rank your watchlist by King-node distance, confirmations, and extension — one-click drill-down.
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Ticker Watchlist
Manage your watchlist, sort by King Distance %, drag-and-drop, background refresh, PNG export.
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Swing Model
Donchian/Keltner channel overlay on price with hit-rate stats and regime commentary.
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Options Calculator
Build multi-leg strategies from live chains, presets, payoff charts and P/L heatmaps.
🔑 Quick Tip: The King Strike is the single strike price with the highest absolute GEX — it often acts as a magnet for price. When the stock is near the King Strike in a positive GEX environment, lower volatility and mean-reversion behavior are commonly observed.
What You'll Learn
- What gamma is and why dealers must hedge their options positions
- How GEX creates observable support and resistance patterns
- How to read the heatmap — colors, the King Strike, cell details, and summary metrics
- How to use Chart View with GEX level overlays and technical indicators
- How to monitor real-time option flow with advanced filters and unusual activity detection
- How to interpret market sentiment gauges derived from options data
- How to explore the 3D gamma surface and spot IV anomalies
- How to compare multiple tickers side by side
- How to manage your watchlist and track King Distance across tickers
- Common GEX patterns: Gamma Flip, OpEx dynamics, King pinning