HELLOINFINITE MARKET INTELLIGENCE
Markets
Dealer positioning

Watch the pin form

Today’s option book, re-priced at each step toward expiry. A wide ridge means price can still travel; as it narrows into a spike, dealer hedging is locking price down and a bought option runs out of room.
Display only
Drag to rotate
← Strike →Front = now · Back = expiry
Positive gamma Negative gamma
Spot
Strikes now
At expiry

How to read it

Left to right is the strike ladder. The near edge is today; each row further back is a step closer to expiry. Height is how much dealer gamma sits there.

Dealers sold those options, so they must hedge. Where the hill is tall they buy every dip and sell every pop at that strike — price gets held. Where it is flat, nothing holds price, so it can travel. Red is the opposite: dealers there sell into falls and buy into rallies, which makes moves run further.

Strikes now / at expiry is how many strikes are really sharing the gamma. Fourteen means wide open. Two means one strike owns price.

Projection, not a forecast: open interest is held at today's values and only time changes. It answers "if the book stayed as it is, how does the surface sharpen?"
Built from the same Black-76 gamma every hello desk uses.
Risk ko samjho, kapital bachao.