options profile

The results of our orderflow-classification engine — customer long vs short options, with 0DTE volatility skew.

api

Get this data from the options profile greeks endpoint.

Description

The Options Profile displays the results of our orderflow-classification engine across the nearest expiration horizons (latest / 0 DTE and next / 1 DTE). Our classification distinguishes between customer long options and customer short options.

Puts default to purple.
Calls default to orange.
Customer Long options extend to the right (positive).
Customer Short options extend to the left (negative).

5 Greek Toggle Dimensions

The sidebar category toggle enables switching the underlying strike visualization across 5 primary dimensions:

Volume: Classified customer contract trade volume.
Delta (DEX): Directional dealer share hedging obligations.
Gamma (Convexity): Dealer gamma acceleration risk.
Vanna: Volatility sensitivity of dealer delta.
Charm: Time-decay rate of dealer delta into expiration.

0DTE Volatility Skew Dots & Expected Move

Volatility Skew Dots: Red (puts) and green (calls) dots plot real-time implied volatilities across strikes using the secondary top X-axis.
Expected Move (±1σ): A dashed horizontal boundary displays the 1-standard-deviation statistical expected price range:
```
Expected Move = Spot × Smoothed ATM IV × √(DTE_fractional / 365)
```
1. 3-Strike ATM Smoothing: Uses a weighted average (50% ATM + 25% ATM_-1 + 25% ATM_+1) to eliminate quotation anomalies.
2. Fractional Intraday DTE: Calculated dynamically using remaining trading seconds until 4:00 PM ET (seconds_remaining / 86400).
Real-Time Streaming: State charts update continuously throughout market hours (9:30 AM–4:00 PM ET) as incoming options transactions are classified and aggregated.

Reading the Options Profile

Significant strikes represent areas of concentrated liquidity and potential price inflection:

Volatility Environment Impact on Walls

Falling Volatility Environment (Most Common):
- Customer Long Options (Walls): When price gravitates toward long strikes, holders are incentivized to exit and take profit, providing liquidity and dampening price movement.
- Customer Short Options (Accelerators): As price gravitates toward short strikes, dealers must dynamically hedge, taking liquidity out of the market and accelerating continuation.
Rising Volatility Environment:
- Decreases the incentive to exit long positions, making long walls more vulnerable to breakout moves.
- Increases the incentive for sellers to maintain and add to short inventory due to expanding premiums. In rising volatility, short options become more likely to act as walls.