On 12/20 the S&P500 experienced its sharpest selling in over 3 months, as the index rapidly declined 1.6% – seemingly out of nowhere. SpotGamma, in real time, flagged 0DTE trading as a likely culprit in a now-viral tweet: Its a 0DTE driven plunge in the S&P. you can see the spread here between bearish 0DTE […]
HIRO
HIRO Updated Algo Logic & New Features
HIRO Webinar 10/11/22 [00:00:00] What we’re here to do today is to discuss some of the changes that we’ve made in Hero. Whether we launched last Friday, and just talk about what those changes are and how you may, may be able to take advantage of those. So the basic dashboard obviously looks the same […]
The Setup for a Gamma Squeeze in GME
Here we identify the options setup needed for a gamma squeeze in a stock like GME. Using our EquityHub we analyze the existing options position, and then look for signs of strong live options orderflow via our HIRO application. Specifically, you want to see large open interest at call strikes just above where a stock […]
Trading Stocks With SpotGamma and Bookmap HIRO
The following is a guest post from Doug Pless. When I plan to trade stocks for the day, I begin my morning preparation by opening my watchlist in Equity Hub. I look at the Key Gamma Strike, Hedge Wall, and other metrics and compare the values with the previous values for the last five days. […]
Identifying Opportunities with HIRO
Trader Doug Pless recently played a common setup we see in the HIRO data. HIRO can be quite valuable in helping traders identify a turn in trend, not only on declines but also on strong rallies. Below is a chart of MSFT from Friday, and you can see that the stock (black line) traded sharply […]
HIRO In Action: COIN
Today we noted strong call buying to start the day in COIN (Coinbase). This call buying is shown below, in orange, in the form of estimated hedging impact. The hedging impact, or HIRO signal, is tied to the right Y axis. The signal suggests that as traders buy calls, market makers are likely selling those […]
SpotGamma on futures.io Debuts HIRO Indicator: Hedging Impact of Real-Time Options
SpotGamma in partnership with Bookmap just launched the HIRO Indicator: the Hedging Impact of Real-Time Options. In this video we discuss the HIRO Indicator, highlighting its many unique values. We believe this is the first system to display the hedging pressure of options trades in real time! Access to the HIRO Indicator on Bookmap is […]