Skip to content
Browse the docs

Key Levels

The gamma flip (HVL), call resistance and put support for all expiries, 0DTE and 1DTE. A wall that shows up in both the 0DTE and the all-expiry set is the level that matters.

LEVELSCrypto options (BTC, ETH, SOL, HYPE) and US options, including SPX, SPY, QQQ and single stocks.

LEVELS command listing call resistance, put support and HVL by expiry bucket

Typing it

LEVELSSymbol
>LEVELSSPX
Lists the SPX call wall, put wall and HVL for today and for every expiry.

What you see

  • All expiries. HVL plus the call and put wall from the whole book.
  • 0DTE and 1DTE. The same levels from today and tomorrow only. The 0DTE block hides when nothing expires today.
  • Top strikes. The ten largest gamma strikes, ranked.

What to look for

  • Confluence. A wall that shows up in both 0DTE and all expiries is the one that matters.
  • A level that moves between FLOW and STD is one the two models disagree on. Trust it less.

Good to know

  • Copy for TradingView exports the levels as lines, using whichever sign model you have selected.
  • Zero gamma is a STD figure, so it is left out in FLOW mode rather than shown as a mismatched number.

Also on the chart

The same data can sit on the price chart. Press / on the chart and search for:

Pairs well with

GEXGEXCHARTTRACEOPEXWATCH

Questions

What is HVL?

The gamma flip: the price nearest spot where cumulative dealer gamma crosses zero. Above it dealers tend to dampen moves, below it they tend to amplify them.

Can I put these levels on TradingView?

Yes. Press Copy for TradingView in the panel and paste the result into a TradingView script.