DealerEdge is a gamma exposure workstation. Three modes - Heatmap, Pro, and Focus - show where big options dealers are hedged across strikes and expirations. Live during market hours. Included in Trade Echo at $199/mo, alongside five more products.
Switch between full-board, side-by-side, and chart-overlay views depending on what you're doing - scanning, comparing, or executing.
Full strike-by-expiry matrix. Green cells are positive GEX (dealers long gamma), red are negative. Switch the lens: GEX, Vol, VEX (vanna) or Charm, with Notional and %Gamma toggles.
4 lenses · 0DTE through 30D · Tap any cell to drill in
Compare multiple tickers side-by-side, each showing the nearest expiration. Current price marked with a white arrow; dominant strike highlighted yellow. Defaults to SPY, SPX, QQQ.
Default: SPY · SPX · QQQ · Custom up to 7
1-minute OHLC chart with Anchor, Flip, Call/Put Walls, and Defense Zones overlaid. Right rail shows Watchlist quotes, Regime Timeline, and Flow Pulse.
Lightweight Charts · No drawing tools yet
Replay mode
Available across all three modes - scrub any prior session by the minute.
Live options open interest goes in. Dealer positioning, key levels, and a regime read come out.
Live options open interest streams in continuously from the chain across all supported tickers and expirations.
Gamma exposure is computed per strike and expiry against open interest - not modeled, not back-filled.
Anchor, Flip, HVL, Call Wall, Put Wall, Defense Lines, and a 1-5 GEX Rating are extracted automatically.
Cells update live during market hours over SSE - price moves and dealer flow tick into your screen as they happen. Pre-market and close snapshots bookend the session.
RTH live, plus pre-market and close snapshots
DealerEdge surfaces the strikes market makers are most likely to defend. Learn them once, read them every day.
Anchor Point
A tight cluster of gamma where price tends to pin for stretches of the session.
TacticalRange-trade around it until gamma rolls off.
Flip Point
The strike where dealer net gamma crosses zero - character of the tape changes here.
TacticalRegime change. Expect more volatility once price crosses.
HVL · High Volume Level
The strike with the most dealer exposure on the board. Price gravitates here.
TacticalScalp toward HVL, fade away from it.
Call Wall
Heavy call gamma above price. Acts as resistance as dealers hedge by selling rallies.
TacticalFade rallies into the call wall.
Put Wall
Heavy put gamma below price. Acts as support as dealers hedge by buying dips.
TacticalFade selloffs into the put wall.
Defense Lines
Two to three secondary support zones where market makers will hedge aggressively, often near a major expiration.
TacticalExpect rapid mean reversion if price approaches.
Dealer gamma determines whether price dampens or expands. Know the regime before you size the trade.
When dealers are long gamma, they sell into rallies and buy into dips to hedge. Result: a price-dampening, range-bound, mean-reverting session.
Playbook
When dealers are short gamma, they sell into dips and buy into rallies to hedge. Result: a move-amplifying, trending, high-volatility session.
Playbook
Every major index, the headline ETFs, the most-followed single names and the next 1,000+ most-traded US stocks and ETFs, all in real time: a live price on every ticker, with its gamma levels moving with it. Any other optionable ticker is computed on demand. 0DTE is supported across all of them.
0DTE supported across all tickers (expirations labeled 0DTE / 1DTE / NDTE). Pre-market snapshot at 08:00 ET, close snapshot at 16:05 ET.
Heatmap for full-board scanning, Pro for side-by-side comparison up to seven panels, and Focus for chart-overlay execution. Switch with a click; state follows you across modes.
Anchor, Flip, HVL, Call Wall, Put Wall, and Defense Lines extracted from live open interest, plus a 1-5 GEX Rating that reads the volatility regime.
Scrub through prior sessions at 1×, 3×, 5×, or 15× speed. Minute-granularity. Works inside Heatmap, Pro, and Focus - use it for post-market review of how levels held or broke.
A post-market summary per ticker - market outlook, suggested strategy, and risk notes - generated against the day's GEX. Honest framing: it refreshes after the close, not in real time.
Fade rallies into the call wall, fade selloffs into the put wall. Know which strikes hold and which break, ticker by ticker, minute by minute.
Read the intraday gamma flip live. Size up when dealers are long gamma. Back off when they flip short. 0DTE expirations are labeled explicitly.
Check where HVL and Defense Lines sit heading into the next session. Plan entries and exits around the dealer map, not just price action.
Refresh cadence, coverage, and how the GEX is computed - all published, none of it modeled.
Real-time
Live during market hours
Heatmap cells stream over SSE as dealer flow lands; the price marker tracks the tape live. Pre-market and close snapshots bookend the session.
1,300+ tickers
Real-time on every ticker
Every major index, headline ETF, and the most liquid single-name options, the next 1,000+ most-traded US stocks and ETFs, plus any optionable US ticker on demand. 0DTE supported across all of them.
Real chain data
Computed, not modeled
GEX is computed from live options open interest. Nothing is back-filled, nothing is estimated. What you see is what's in the chain.
Spot something off? Open a ticket - we reconcile against the chain.
Single-feature GEX tools run around $699/mo. Trade Echo includes the same depth - plus five more products - for less than a third.
$699/mo GEX-only tools
$699/mo
GEX heatmaps and dealer positioning. That's the whole product.
Trade Echo
$199/mo
DealerEdge GEX plus five more products. One subscription, one terminal.
$500/mo cheaper · 5 more products · One subscription
GEX (gamma exposure) measures the net options gamma held by market makers at each strike, expressed in dollars. When dealers are long gamma, they hedge by selling into rallies and buying into dips - this dampens price moves. When they're short gamma, their hedging amplifies moves and the tape gets more volatile. DealerEdge visualizes GEX as an interactive strike × expiry heatmap so you can see where dealers are pinned before you trade.
Live during regular trading hours. Cells stream over SSE and the price marker tracks the tape in real time, so you see dealer flow move into and out of strikes as it happens. Outside RTH you have a pre-market snapshot at 08:00 ET and a close snapshot at 16:05 ET, plus Replay for any prior session.
1,300+ tickers, all real-time: 5 indices (SPX, NDX, DJX, RUT, VIX), roughly 50 ETFs including SPY, QQQ, IWM, DIA and the sector SPDRs, 240+ liquid single-name stocks including AAPL, MSFT, NVDA, AMZN, META, GOOGL, TSLA, NFLX, AMD, INTC, COIN, PLTR, HOOD, and CRWD, and the next 1,000+ most-traded US stocks and ETFs. Plus on-demand gamma analysis for any optionable US ticker you search. 0DTE is supported across all of them.
Heatmap shows the full strike × expiry matrix for one ticker - best for scanning a single name in depth. Pro shows up to seven tickers side by side, each with the nearest expiration - best for comparison across SPY/SPX/QQQ or your own set. Focus shows a 1-minute OHLC chart with Anchor, Flip, Call/Put Walls, and Defense Zones overlaid, plus a right rail with Watchlist quotes, Regime Timeline, and Flow Pulse - best for execution.
Yes. 0DTE is a first-class expiration across all modes - labeled 0DTE / 1DTE / NDTE on the heatmap. The Focus chart respects 0DTE Anchor and Flip points the same as any other expiry.
Post-market only. AI Analysis is a daily summary per ticker - market outlook, suggested trade strategy, and risk notes - generated against the day's GEX once the close snapshot lands. It's not a live, intraday read; we're explicit about that so you don't size off stale text.
Yes. Replay mode is available inside all three modes - Heatmap, Pro, and Focus. Pick a date, scrub the timeline, and play back at 1×, 3×, 5×, or 15×. Granularity is one minute. Useful for post-market review of how levels held or broke. Recent sessions are kept on hand for replay; we'll publish the exact retention window once we finalize it.
Yes - DealerEdge is part of the paid plan. A free account gets 5 Cortex AI messages a day, but DealerEdge itself needs a subscription. It's included with every Trade Echo plan at $199/mo alongside OptionFlow, Darkpool, AlgoEdge, Cortex AI, and Copy Trading.
Standalone GEX tools price up because they sell one product. Trade Echo sells a bundle - the whole platform on one subscription, one feed, one terminal - and prices the bundle at $199/mo. You get DealerEdge plus five more products for less than a third of single-feature alternatives.
They're a default playbook for the two states the tape can be in. Long gamma sessions tend to mean-revert - fade extremes, sell premium, smaller size. Short gamma sessions tend to trend - trade with momentum, buy premium on breakouts, wider stops. The playbooks aren't trade signals; they're context for how you size and which entries you take.
Yes, both. The heatmap has four lenses: GEX, Vol, VEX (vanna exposure), and Charm, with Notional and %Gamma display toggles. Greeks mode puts GEX, Charm and VEX side by side for one ticker, and on Pulse the same data draws on the chart as Vanna Levels and Charm Drift. How VEX is built is on the VEX methodology page.
The live refresh runs during regular trading hours. Outside RTH, you have the pre-market snapshot at 08:00 ET and the close snapshot at 16:05 ET, plus Replay for any prior session. Focus mode quotes update with broker data; the heatmap waits for the next snapshot.
DealerEdge is one module of the Trade Echo platform, included at $199/mo - alongside OptionFlow, Darkpool, AlgoEdge, Cortex AI, and Copy Trading. Cancel anytime.
