Big piles of call options parked far above the price, and whether the price is heading to them.
Side
List
STRONGEST (A+B)–
BIGGEST BETS–
What a pile means
A big call pile far above the price is sometimes an informed bet, and often a hedge or a fund selling calls against shares it owns.
Open interest is the previous session’s settle, so call counts change once a day. Prices are about 15 minutes delayed. When the price moves we recompute which strike is the biggest pile, but new contracts only show up the next day.
THE META PATTERN
Tap a step, or touch the chart, to read a day.
THE TSM PATTERN
Tap a step, or touch the chart, to read a day.
Rank by
Tier C = old piles. Often covered-call writing; likely noise. Shown so you can check them.
Tier StockPrice → Pile To goTrip · 20 days Last 60 days Odds New calls$ in calls$ calls · BizBusinessBiz20 daysHeld
Bar under each pile: calls against puts traded on the latest day across all of the stock’s options (2.6 : 1 = 2.6 calls traded for every put). Volume shows activity, not direction. Tap a row for the past week and the open interest.
Top net GEX
Every name we track (stocks and funds), ranked by the net gamma of its whole option map at today’s price. Positive = call gamma outweighs put gamma; negative = the reverse. The plus and minus are a convention, not a reading of who holds which side: public data can’t show that.
Closing in
Far piles we tracked that the price has now come close to. They left the main list because they got close.
Recent hits
Far piles we tracked that the price later reached, and how many did not.
StockPileFirst seenReachedOn the list first?
Ran out of time
Didn’t work out (so far)
Scoreboard: do the piles beat their odds?
If the odds are fair, piles with a 30% chance get reached about 3 times in 10.
The 5 checks and the 4 tiersThe numbers as a table
What a pile meansA big call pile far above the price is sometimes an informed bet, and often a hedge or a fund selling calls against shares it owns.
Yesterday’s piles, today’s pricesOpen interest is the previous session’s settle, so call counts change once a day. Prices are about 15 minutes delayed. When the price moves we recompute which strike is the biggest pile, but new contracts only show up the next day.