Options positioning research

See where options positioning sits.And the regime it sets.

The Ceiling, Floor and Magnet mark where estimated dealer positioning is heaviest, and the Flip Line where hedging tends to switch from calming moves to amplifying them. The gamma regime reads Calm or Volatile (a model estimate), beside options flow, company research and the free Academy.

Start with Free. Explore more with Retail and Advance.

DEMOFictional tickerSample session

523.46Price and estimated dealer positioning
Ceiling530.00
Dark pool527.40
Flip Line523.00
Floor515.00
In one view
  • Price
  • Options flow
  • Dealer positioning
  • Dark pool
  • Catalysts
Illustrative research view: five sources in one chartSample session for the fictional ticker DEMO that brings price, dealer positioning, a dark pool level, net options flow and a catalyst into one view. Price ends at 523.46. Ceiling (call wall) 530, dark pool level 527.40, Flip Line (gamma flip) 523, Floor (put wall) 515. Net options flow bars along the bottom, and FOMC minutes marked at 2 PM. Not live market data.
Illustrative sample data01 / Positioning intelligence
Free trial

7 days free on Retail or Advance.

Choose your plan and add a card at checkout. You won’t be charged during the 7-day trial, and we’ll email you 2 days before it ends. When it ends, your plan renews monthly at its listed price plus applicable tax unless you cancel in Plans & billing before then. Checkout offers the trial only if your email has never had a trial and your account has never had a subscription.

Where to start

Pick a starting point.
Go as deep as you like.

Key levels on your charts, the option trades at each price, the company underneath and free courses on reading all of it.

  • Key levels & charts

    The Ceiling, Floor and Flip Line on your charts, up to 2 on Retail and 6 on Advance in one desktop grid.

    Explore charts and positioning
  • Options Orderflow

    Option premium bought and sold at each stock price, candle by candle, with a Bought vs sold strip.

    Explore Options Orderflow
  • Research tools

    Financial statements, key metrics and valuation scenarios for the company behind the chart.

    Explore company research
  • Academy

    5 free tracks and 54 lessons on reading options positioning, with simulators built on sample sessions.

    Explore the Academy

Illustrative sample dataFictional ticker DEMO

Explore the product

The tools behind
your next research session.

Explore Strength Zones, Charts mode, Options Orderflow, company research, market context, and the free Academy. These nine interactive examples use illustrative sample data and are available without an account. On a phone, the platform switches to its own layout with Watchlist, Chart, Flow, Screeners and Alerts tabs.

01 / Strength Zones & regime

See how much positioning sits at each level.

Strength Zones draw the Ceiling, Floor and Magnet, plus the Flip Line when there is one, as bands behind the candles. Bands thicken as positioning builds, and each one shows since when it’s been tracked.

Explore Strength Zones
  • Read strength at a glanceStrength is the share of estimated positioning at a level, not how likely it is to hold.
  • Know what kind of day it isCalm or Volatile describes the estimated gamma regime, and regime alerts can notify you when it changes. It describes conditions; it doesn’t forecast direction.
StratosHedge / Strength Zones & regimeIllustrative sample data
Fictional ticker · Illustrative figuresNot live market data
Level analytics

Context around
every key level.

Next to the Ceiling, Floor, Flip Line and Magnet, the Key Levels panel shows how each zone moved through the session, the range option prices imply, the references stacked nearby, today’s trading at its strikes and when the regime changed.

  • Zone History

    Where each zone sat and how strong it was through each session.

    Recorded from our own readings. A gap means no reading was taken.

  • Expected Range

    The one-standard-deviation range implied by at-the-money option prices for the session.

    A model estimate from option prices, not a forecast or a limit.

  • Confluence

    Other reference levels that sit at or near this zone.

    Counts nearby references, not how likely a level is to hold.

  • Zone Activity

    Options volume and premium traded at this zone’s strikes today.

    Shows trading activity, not who traded or why.

  • Regime Timeline

    When the steadied gamma regime changed during the session.

    Model estimate. Each change is dated from the first reading that started it.

Model estimates from options positioning and trading activity. They describe the session; they don’t forecast it.

Your daily research process

From market context
to a clearer thesis.

Connect positioning, company fundamentals, and catalysts, then keep your observations organized for the next session.

01

Study the positioning

Map dealer gamma positioning, dark pool levels, and options flow alongside price. Compare strikes and expirations in the GEX Matrix and 3D Surface.

02

Build the company picture

Explore financial statements, valuation scenarios, earnings commentary, and source evidence.

03

Connect your portfolio

Bring read-only synced or manually entered holdings into view. Review P&L, long and short exposure, options risk and concentration, and compare daily account snapshots with an S&P 500 benchmark, alongside your research.

04

Keep your process organized

Organize watchlists, set price and positioning alerts, revisit recorded sessions, and document your process in a trade journal.


Built around your research

More context.
A clearer research process.

01

One connected view

Bring charts, dealer positioning, flows, and company fundamentals together, with market catalysts and portfolio context close at hand.

02

Depth, with structure

Move from key levels to the GEX Matrix and 3D Surface, or from a company overview to financial statements and source evidence.

03

A workspace that fits you

Start with Free, choose the tools you need, and organize your workspace around how you research. Clear navigation helps you find the next step.

Free trialNew subscribers who haven’t had a trial get 7 days free. Card required. We’ll email you 2 days before the trial ends. Cancel before it ends and you won’t be charged.Start your 7-day trial

Choose your workspace

Learn free.
Go live when you’re ready.

Free gives you courses, games and delayed charts on every available ticker. Retail shows the levels live — Ceiling, Floor and Magnet as Strength Zones, plus the Flip Line when there is one, with alerts and Charts mode for up to 2 charts side by side on the desktop. Advance adds up to 6 charts, Options Orderflow, Smart Money, your portfolio and a trade journal.

Monthly membership USD
Learn and explore

Free

Learn to read options positioning with free courses and games, plus delayed charts on every available ticker.

$0.00/ month

USD · Free membership

At a glance
  • Charts on every available tickerIncluded, delayed at least 15 minutes
  • Ceiling, Floor and Magnet as Strength Zones, plus the Flip Line when one can be estimatedNot included, illustrative preview only
  • Calm or Volatile regime at a glanceNot included, illustrative preview only
  • Alerts when price reaches a zone or the regime changesNot included
  • GEX Matrix, 3D Surface and ReplayNot included
  • Company research, Screeners and earnings calendarsNot included
  • Options Orderflow, Smart Money, portfolio and journalNot included
  • Academy courses, games and simulatorsIncluded
See the levels live

Retail

Live key levels and Strength Zones, alerts, the GEX Matrix, Replay, company research and up to 2 charts side by side on the desktop.

$79.99/ month

USD · Billed monthly

At a glance
  • Charts on every available tickerIncluded, live
  • Ceiling, Floor and Magnet as Strength Zones, plus the Flip Line when one can be estimatedIncluded, live
  • Calm or Volatile regime at a glanceIncluded, live
  • Alerts when price reaches a zone or the regime changesIncluded
  • GEX Matrix, 3D Surface and ReplayIncluded
  • Company research, Screeners and earnings calendarsIncluded
  • Options Orderflow, Smart Money, portfolio and journalNot included
  • Academy courses, games and simulatorsIncluded
The complete workspaceFull access

Advance

Everything in Retail, plus up to 6 charts side by side on the desktop, Options Orderflow, Vol & Flow, Smart Money, portfolio sync and a trade journal.

$149.99/ month

USD · Billed monthly

At a glance
  • Charts on every available tickerIncluded, live
  • Ceiling, Floor and Magnet as Strength Zones, plus the Flip Line when one can be estimatedIncluded, live
  • Calm or Volatile regime at a glanceIncluded, live
  • Alerts when price reaches a zone or the regime changesIncluded
  • GEX Matrix, 3D Surface and ReplayIncluded
  • Company research, Screeners and earnings calendarsIncluded
  • Options Orderflow, Smart Money, portfolio and journalIncluded
  • Academy courses, games and simulatorsIncluded
  • Beta access for upcoming featuresIncluded

Live views update automatically during market hours; some datasets refresh every 15 to 60 seconds. Coverage and timeliness depend on the data source.

Levels, zones and the gamma regime are model estimates built from options open interest and volume near the current price — by default from the nearest expiration only (you can switch to this week’s or all loaded expirations) — plus an assumption about how dealers are positioned. They show where positioning is concentrated and how hedging may affect price — they don’t predict where price will go.

Paid plans renew monthly until canceled. Applicable tax and your total are shown before payment. Review billing and cancellation terms.

Compare Every Feature

Charts & DataFreeRetailAdvance
Candlestick charts with volumeIncluded, delayed at least 15 minutesIncluded, liveIncluded, live
Every available tickerIncludedIncludedIncluded
Live updates during market hoursNot includedIncluded, liveIncluded, live
Indicators, drawings and gamma overlays on your chartNot includedIncludedIncluded
Watchlist synced across your devicesIncluded, delayed at least 15 minutesIncluded, liveIncluded, live
Market Map of moves across the marketIncluded, delayed at least 15 minutesIncluded, liveIncluded, live
Recorded positioning historyNot includedIncludedIncluded
Replay past sessions with positioning, step by stepNot includedIncludedIncluded
Key Zones & Gamma RegimeFreeRetailAdvance
Ceiling, Floor, Flip Line and Magnet for every available tickerNot includedIncluded, liveIncluded, live
Strength Zones that show how much positioning sits at each levelNot included, illustrative preview onlyIncluded, liveIncluded, live
Build-up: how much each zone has grown since its baselineNot includedIncludedIncluded
Calm or Volatile regime at a glanceNot included, illustrative preview onlyIncluded, liveIncluded, live
Key Levels panel with each level’s strength and distance from priceNot includedIncludedIncluded
Previous-day and pre-market highs and lows on your chartNot includedIncludedIncluded
Dark pool price levels on your chartNot includedIncludedIncluded
Gamma profile by strike (GEX, DEX, VEX and TEX)Not includedIncludedIncluded
GEX Matrix across strikes and expirationsNot includedIncludedIncluded
3D Surface of gamma exposureNot includedIncludedIncluded
Regime shown on watchlist rowsNot includedIncludedIncluded
Zone History: each zone’s path and strength through recent sessionsNot includedIncludedIncluded
Expected Range: the session’s one-standard-deviation range from option pricesNot includedIncludedIncluded
Confluence: other reference levels stacked at each zoneNot includedIncludedIncluded
Regime Timeline: when the regime changed during the sessionNot includedIncludedIncluded
Flow & Smart MoneyFreeRetailAdvance
Vol & Flow: net premium, volume, open interest and implied volatilityNot includedNot includedIncluded
Options Orderflow: option buyers versus sellers, contract by contractNot includedNot includedIncluded
Options flow markers on your chart (beta)Not includedNot includedIncluded
Net Premium and Options Premium panes under your chartNot includedNot includedIncluded
Unusual flow: the session’s highest-scoring options trades, rankedNot includedNot includedIncluded
Smart Money: congressional trades, institutional holdings and short interestNot includedNot includedIncluded
Zone Activity: today’s options volume and premium at each zone’s strikesNot includedIncludedIncluded
Research & CalendarsFreeRetailAdvance
Market News with ticker and source filtersIncludedIncludedIncluded
Economic calendarIncludedIncludedIncluded
Earnings and IPO calendarsNot includedIncludedIncluded
FDA calendarNot includedNot includedIncluded
Company research: financials, estimates, transcripts, filings and valuation workbenchesNot includedIncludedIncluded
Screeners for stocks, option chains and options activity, with saved screensNot includedIncludedIncluded
Crypto researchNot includedIncludedIncluded
AlertsFreeRetailAdvance
Push alerts for price, day change and key levelsNot includedIncludedIncluded
Alerts when the regime turns Calm or VolatileNot includedIncludedIncluded
Alerts when price enters a zoneNot includedIncludedIncluded
Reminders for calendar eventsNot includedIncludedIncluded
WorkspaceFreeRetailAdvance
Saved custom layoutsNot includedIncluded, up to 3Included, unlimited
Several charts side by side in one layoutNot includedIncluded, up to 2Included, up to 6
Advance widgets in your layoutsNot includedNot includedIncluded
Plain-English level names, with the pro terms alongsideIncludedIncludedIncluded
LearningFreeRetailAdvance
Money Basics courseIncludedIncludedIncluded
Platform Guide: how each StratosHedge tool works, in the AcademyIncludedIncludedIncluded
Stratos Academy courses for beginner, intermediate and advanced tradersIncludedIncludedIncluded
Learning gamesIncludedIncludedIncluded
Trading simulators on illustrative sample dataIncludedIncludedIncluded
Portfolio & JournalFreeRetailAdvance
Portfolio with read-only brokerage sync, Greeks and P&LNot includedNot includedIncluded
Performance & Risk: your account against the S&P 500, long and short exposure, concentration, options Greeks, volatility and betaNot includedNot includedIncluded
Trade Journal for your thesis, results and lessonsNot includedNot includedIncluded
Getting started

Common questions.

What is StratosHedge?

StratosHedge is an options positioning research workspace. It shows the Ceiling (call wall), Floor (put wall) and Magnet (gamma magnet) as Strength Zones, plus the Flip Line (gamma flip) when there is one, and reads the gamma regime as Calm or Volatile, all model estimates. Options flow, the Options Orderflow footprint, dark pool levels, the GEX Matrix, company research and market catalysts sit beside them, with several charts side by side on the desktop.

Who is StratosHedge for?

Investors, active traders, and anyone building a more informed research process. Explore the examples without an account, or create a Free account and choose the tools that fit your workflow.

Does StratosHedge provide financial advice?

No. StratosHedge provides data visualization and research tools for informational and educational use. It does not provide personalized investment recommendations or place trades. You make your own investment decisions.

What can I research in the workspace?

Study estimated dealer gamma exposure and the key levels as Strength Zones, dark pool price levels, options flow with unusual-trade markers and net premium on the chart, the Options Orderflow footprint, volatility, and open interest, on up to six charts side by side on the desktop. Connect that analysis with company financials, valuation scenarios, news, event calendars, watchlists, alerts, session replay, portfolio analytics, and a trade journal. Availability depends on your plan and data coverage.

Which membership plans are available?

Free includes charts and a watchlist on every available ticker and a sector Market Map, all with a 15-minute delay, plus news, the economic calendar, and Stratos Academy courses. Retail is $79.99/month and adds live key levels and Strength Zones, Charts mode with up to 2 charts side by side on the desktop, the GEX Matrix, 3D Surface, Replay, alerts, Screeners, company and crypto research, and the earnings and IPO calendars. Advance is $149.99/month for the complete workspace, adding up to 6 charts in Charts mode, Options Orderflow, Vol & Flow, Smart Money, portfolio sync, a trade journal, and the FDA calendar. Paid plans renew monthly in USD until canceled, with applicable tax shown at checkout.

Is the data live?

Retail and Advance update live during market hours, and some datasets refresh every 15 to 60 seconds. Free charts, watchlists, and Market Map are delayed by at least 15 minutes. Coverage depends on the data source.

Is the Academy free?

Yes. Every course, game, and simulator is free and public, and they use illustrative sample data. Your progress is saved in this browser.

How can I navigate with a keyboard or assistive technology?

Use Skip to content to bypass navigation, Tab to move between controls, Enter or Space to activate buttons and disclosures, and Escape to close the navigation menu. Use arrow keys, Home, and End to explore the feature tabs. Your browser zoom and reduced-motion settings are supported. The live chart’s Color vision setting offers blue-orange candles and red-green friendly, blue-yellow friendly and high-contrast colors. Contact the About page for accessibility help.

How does the free trial work?

7 days free on Retail or Advance. Choose your plan and add a card at checkout. You won’t be charged during the 7-day trial, and we’ll email you 2 days before it ends. When it ends, your plan renews monthly at its listed price plus applicable tax unless you cancel in Plans & billing before then. Checkout offers the trial only if your email has never had a trial and your account has never had a subscription.

Our purpose. Your perspective.

Data intelligence.
Visualization with context.

StratosHedge is a data intelligence company focused on organizing and visualizing market information. Our charts, analytics, estimates, alerts, and educational content are provided for informational and educational purposes only. They are not financial, investment, tax, or legal advice, or recommendations to buy, sell, or hold any security.

Investing involves risk. Investing in stocks can result in the loss of some or all money invested. Options involve substantial risk: buyers can lose the entire premium paid, and certain strategies can produce losses greater than the initial investment. Uncovered call writing can expose investors to potentially unlimited losses.

Market data and model estimates may be delayed, incomplete, or inaccurate. You are responsible for your investment decisions.

Read our policies and risk disclosures
Start exploring

Make room for better research.

Create a Free account to explore charts, watchlists, news, and the economic calendar. Choose Retail or Advance when you need more depth.