Charm Stackat Anchor.

Named setup

• Price is near the GEX Anchor, the strike the dealer gamma structure is organized around.
• Positive charm is stacked a few strikes above the Anchor. Charm is measured strike by strike from the live options chain; a stack at the Anchor or below it does not count.
• Price is still below that charm level. The setup is about the space between the Anchor and the stack.
• Both halves must be true at the same time. Price at the Anchor alone, or a charm stack alone, is not the setup.

• Charm Stack at Anchor is not gated by GEX Rating, so read the rating next to it. The GEX Rating is a 1-5 volatility regime score and never a directional call.
• At Rating 4-5 (positive gamma, more stable), dealer hedging damps moves and price tends to gravitate around the Anchor, which is the environment the setup describes best.
• At Rating 1-2 (negative gamma, more volatile), hedging amplifies moves in both directions and levels hold less reliably, so the same structure deserves more caution.

New to the rating? Read The GEX Rating System.

• Price reaches the charm level. The setup has played out: Discovery relabels the row as Charm Target Reached, and the DealerEdge GEX alert stops for that episode.
• Price has already run above the Anchor and stays there. For DealerEdge GEX alerts, a name that was above the Anchor on the previous real-time snapshot and is still above it does not fire again.
• Price moves away from the Anchor. Once a GEX alert fires it stays quiet while price lingers, and only re-arms after price has moved clearly away and comes back.
• The charm stack fades or shifts so it is no longer positive a few strikes above the Anchor.

These are display states of Charm Stack at Anchor, not separate setups.

Recent examples of Charm Stack at Anchor will appear here once occurrences are recorded. They are added after each market close, covering the last 30 days.

Every occurrence in the window is shown, not only the ones that worked. Past behavior is not a prediction. Not financial advice.

• DealerEdge GEX alertsPush on iOS and Android, optional DiscordOne of the three GEX alert triggers that are on by default. The alert names the Anchor and the charm range building above it.
• Discovery: Charm Setups tabWeb and mobileRows labeled Charm Stack at Anchor, alongside the Charm Target Reached and Near Anchor + Charm states. Opt-in Discovery alerts can also cover this tab.
• CortexWeb and mobileThe Charm Sniper agent uses this setup to open its entry window. See the Charm Sniper entry in this library.
• PulseWeb and mobileThe Anchor and charm drift are drawn on the chart, so you can watch price work the space between them.

1. Find it. Open the Charm Setups tab in Discovery, or keep the Charm Stack at Anchor trigger on in your DealerEdge GEX alert settings.
2. Check the structure. Open the ticker in DealerEdge and look at the Charm lens to see where the Anchor sits and where the positive charm is stacked above it.
3. Read the regime. Note the GEX Rating. It tells you how the name tends to move (damped at 4-5, amplified at 1-2), not which way.
4. Mark where it ends. Treat the charm level as the point where the setup has played out, and treat a clear move away from the Anchor as the point where it no longer applies.
5. Make your own plan. Decide entry, size and exit with your own confirmation, such as flow and price action. The setup is context about positioning, not an instruction.

Edge guides

• The Charm Lens: Reading Time-Decay Pressure on DealerEdge
• Anchor Points: The Most Important Level on Your Chart
• Discovery Setup Scanners: How GEX and Charm Qualify a Name
• The Charm + Pulse Workflow: Read the Market Before You Trade It
• The GEX Rating System: Know Your Market Regime in 5 Seconds

Related in this library

• Anchor Approach
• Charm Sniper (Cortex agent)

Tools

• DealerEdge
• Discovery
• Pulse
• Cortex
• GEX methodology