What is Exposure Tape?

Exposure Tape is a professional options analytics platform. It shows where dealers are positioned, where the flow is going, and where price is most likely to react. Every options trade forces a market maker on the other side to hedge in the underlying, and that forced hedging is what actually moves price. Exposure Tape maps it. Flow is half; we show the rest.

There are five products. Expo maps dealer positioning across the chain, Heat plots the forced hedging flow live, Trade Tape streams scored options order flow, Options Market puts the whole market on one page, and Strategies builds and scans multi-leg structures. Mara, the in-platform AI analyst, sits alongside them. Every plan includes every product; plans differ by speed, symbol coverage, and capacity.

Exposure Tape is not a broker. You cannot place trades through it, and it does not connect to a brokerage account or manage money.