S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
Trade the S&P with Institutional Precision
April 9, 1 PM ET
Save your spot for the live walkthrough
Until the trader event, TRACE Reloaded
Oct 15: 1:00 PM ET
OPEX Webinar, Featuring Our All-New Options Calculator
See the Options Calculator in action during OPEX when dealer hedging unwinds, often sparking volatility — and learn how to model trades with precision when it matters most
Oct 28: 1:30 PM ET
Hidden Forces Unmasked: Decode Volatility, 0DTE, & What’s Really Driving Your PnL
Be first to see all 5 new tools unveiled, built to expose hidden flows, surface smarter setups, and give you an edge before the crowd
Oct 29: 12:00 PM ET
Unveil Hidden Flows in Real Time: Super HIRO Deep Dive
Go deeper into our upgraded HIRO to track real-time options hedging flows, discover the impact of 0DTE options, and get your questions answered live
Oct 30: 12:00 PM ET
Find Your Next Winning Trade: Options Calculator & Scanners Deep Dive
Learn how to use the Options Calculator, all-new Compass Historical Trail, and new Scanners to uncover high-impact setups and reveal the forces driving your PnL
Opt in once to get access to all sessions and replays.
Start Seeing What Others Miss Entirely
Most traders rely on price alone. That’s the blue pill. TRACE gives you the red pill — the clearest, most powerful view of dealer positioning, volatility, and the levels shaping every move in the S&P, so you can trade with precision instead of guesswork.
as seen on:
Everyone else sees price.
TRACE shows you what’s controlling it
While price shows you what happened, TRACE reveals the positioning, flows, and forces actually driving the move
How TRACE Improves Trading Decisions
Track dealer hedging pressure as it develops to identify support, resistance, and volatility zones before price moves.
Leverage multi-day heatmaps to identify persistent hedging pressure and anticipate where it may intensify or fade, giving you a five-day edge in trade planning.
Focus on support, resistance, and volatility zones driven by actual options positioning — not generic indicators.
See how market makers, firms, broker-dealers, professionals, and retail traders are positioned to gain deeper clarity into how and why price may react.
Base decisions on the best options data available for the clearest read on S&P market pressure.
“SpotGamma has changed my trading. I have been trading options since I had to phone orders in to my broker. I have learned more in the last year from Brent than in the previous 30 years of books and courses. I could not trade without TRACE anymore."
— Rick C., SpotGamma Subscriber
“Personal thank you from me to you and your team. This update is just incredible. I am not misusing words when I say this is a game changer on my end. As a scalper, this is HUGE!"
— Luke P., SpotGamma Subscriber
Is TRACE Right For Me?
Whether you’re a retail day trader or a Wall Street veteran, TRACE is built to help you navigate today’s options-driven S&P. From 0DTE to index products, see how market pressure is really shifting beneath price.
Index Traders
Use key support, resistance, and volatility zones to frame entries and manage risk with confidence.
Options Traders
Get precise insights into dealer hedging behavior to see support, resistance, and pinning levels.
Futures Traders
Capitalize on real-time market movements and adapt quickly to volatility.
About SpotGamma
Our team has spent decades working at investment banks, market makers, and hedge funds, developing expertise around how options drive stocks. Brent Kochuba founded SpotGamma in 2020 to provide retail traders with an edge by unveiling how and when options are driving stocks and futures. SpotGamma models all US options flows to generate proprietary expert analysis and actionable indicators for our global trading community.
