Dealer-forced buying and selling mapped live on the tape — before price moves. No guesswork, no black box.
Theta Labs turns Θ dealer positioning into live, tradeable levels — mapping where hedging flows stall rallies, catch selloffs, and pin price into the close for ◈ SPX & ◇ SPY while the US session trades.
Plain-language reads on dealer positioning — what it means for your next trade, not how the math is done.
Know instantly whether dealers are dampening every move or amplifying it. The single read that frames your whole day.
Where the tape flips from mean-reverting to trending. Cross it and volatility changes character.
The ceilings and floors dealers defend. Where rallies stall and selloffs find a bid.
The strongest strike price is pulled toward, plus the backup magnet when it breaks.
Volatility context on the same chart. Read every level in the right regime.
Gamma levels stream through the entire market day, recomputed in about a second as dealer flows shift. Watch walls form, hold, and break as it happens — never a stale snapshot.
Net GEX, zero-gamma flip, call and put walls, King Node and VIX context plotted directly on the tape you already trade. No juggling dashboards mid-session.
Pick a date, scrub the timeline, and play back exactly how gamma shaped the tape — tick by tick. Backtest your reads against what actually happened.
Every level we compute is reconciled against published SPX GEX references — verify us against the sources you already read.
Both tiers are real-time. Pick the one that fits how far back you want to study.
For the active intraday trader.
Everything, with unlimited history.
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Real-time dealer positioning on SPX/SPY, plus the full archive to study it. Instant checkout — you’re in the terminal in minutes.
Get Real-Time Access → SPX 6018.4 · GEX +2.14B · REGIME POSITIVE