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Exposure Tape — dealer positioning and options flow, live

Every Strike. Every Greek.

The hidden side of every move.

Every level you trade is conditional on one thing: whether dealers are long or short gamma today. Expo tells you which, flags the walls that will hold, and marks the strike the close is being drawn toward.

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Expo

Thirty one levels, one axis

Dealer walls, expected move, volume profile, pivots and prior day, all overlaid on the same chart.

Gamma FlipPut CharmCall WallVol TriggerPut WallCall VannaZero-DeltaPut VannaCall Δ Wall1D Max MovePut Δ Wall1D Min MovePin StrikePrior Day HighCall CharmPrior Day LowPrior Day CloseOpening Range HighVWAPOpening Range LowPremarket HighSession HighPremarket LowSession Low

End of day pin pressure

Zero-day gamma tightens into the bell, marking the strike the close is being pulled toward before it gets there.

Dealer gamma concentrating into a single strike as the session closes

Spot the Move. As It Happens.

Read the flow before the price.

Live dealer flow shows whether a bid is dealers being mechanically forced to buy or a quiet drift on no real flow, so you can read the current pressure beside price.

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Heat

Dollars of real stock

Each print is priced through Black-Scholes delta, so the line reads in dollars of underlying, not contracts.

Δ = N(d₁)

Retail against the tape

When the small-lot line climbs and the whole-market line does not, the crowd is positioned on its own.

RETAIL DIVERGENCE

Every Print, Scored.

The signal under the candle.

Trade Tape reads the live fill, size, and structure of meaningful options prints and scores how informed the flow looks, so conviction rises above the noise.

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Trade Tape

The Smart Money Score

Every displayed print gets a 0 to 100 read on how informed the flow looks, from fill, size, distance, and structure.

92AGGRESSIONSWEEPSIZEDTEIV↑OTM

The ranked Hot Trades rail

The highest-conviction prints rise to the top, so the trade that matters surfaces without you scanning.

15:52:41BULLISH
Tick
NVDA
Price
132.60
Expiry
06/05/2026
Strike
135 C
05/30/2026+4.10%
15:51:08BEARISH
Tick
TSLA
Price
247.30
Expiry
06/12/2026
Strike
230 P
05/30/2026-3.20%
15:53:59BULLISH
Tick
SPY
Price
562.40
Expiry
05/30/2026
Strike
565 C
05/30/2026+0.41%

The Whole Market. One Screen.

Scan wide before you scope in.

Options Market reads the live options tape at once: where premium is going, which expirations dealers are hedged into, and which contracts are trading loud against their own twenty-day average.

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Options Market

Start from the money

Top flow ranks tickers by net premium, so the watchlist comes from the tape, not from habit.

SymbolExpiryStrikeC/POIOI in $Bidask
MMETA1/15/2027750.0Calls256.61K287.01M11.18
MMSTR12/15/2028100.0Puts54.12K254.15M46.96
MMU12/15/20281000.0Calls48.04K216.15M44.99
NNVDA1/21/2028300.0Calls93.69K213.21M22.76
MMETA1/15/2027700.0Puts118.64K200.50M16.90

Dealer delta by expiration

Flow map and dealers diary share one eighteen-expiration axis, so the two read row for row.

2/202/252/283/205/159/18

Don't Guess the Strike.

Two ways to the same answer.

Start from one of 58 templates or from an empty sheet, then move any leg, strike, size or expiration you like. The payoff curve, the Greeks, the breakevens, the max profit and loss and the win rate all reprice at once.

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Strategies

Every pair, not the three you saw.

The scanner prices every strike pair inside the seven strikes around spot, across each of the expirations you asked for, and then ranks what survives by reward over risk. All eight filters decide what comes back to it.

Every pair, not the three you saw.
MARA

We're redefining options intelligence in the age of AI.

Explore how Exposure Tape is using AI to deliver real-time flow analysis, dealer positioning briefs, and setup scans that help you read the tape faster, trade with conviction, and stay ahead of every move.

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