Why dealer positioning matters
Options dealers often hedge inventory as markets move. At large scale, that hedging can influence liquidity, intraday pressure, and volatility behavior. GEX turns this into a structured research lens.
What GEX estimates
GEX summarizes dealer pressure as stabilizing, destabilizing, or transitional. It combines the gamma regime, key levels, flow context, and volatility pressure into public signal cards and a short interpretation.
- Stabilizing pressure usually corresponds to positive gamma context.
- Destabilizing pressure usually corresponds to negative gamma or elevated volatility pressure.
- Transition zones require more caution because signal direction can change quickly.
What GEX does not know
No public model can perfectly know every dealer book, OTC structure, intraday inventory change, or discretionary hedge. GEX should be read as model-derived market intelligence, not direct observation of every dealer position.
How AI interpretation should be used
AI interpretation should explain the dealer-positioning context in plain language. It should not be treated as a direct recommendation to enter or exit a trade.
Why gating matters
Advanced dealer-positioning, flow, API, and MCP workflows can expose more detail and operational power. Those surfaces remain private beta so access, rate limits, and governance can be reviewed before use.