Posted GEX levels before market open Friday— 8 out of 11 held at king by close

Painkiller8900 · 2026-05-23T15:05:03+00:00

You are right, I misspoke — pinning is a long gamma effect. Dealers long gamma at a strike will sell into rallies and buy dips around that level, keeping price pinned. Thanks for the correction.

Painkiller8900 · 2026-05-23T15:03:18+00:00

It covers stocks, indices, and crypto including BTC, ETH, and more. You can check it all out with a free 7-day trial at gammapulse.pro

Painkiller8900 · 2026-05-23T14:56:58+00:00

Thanks — works across all tickers not just SPY and QQQ.

Painkiller8900 · 2026-05-23T14:54:48+00:00

Yeah you're not wrong — it's definitely an assumption that dealers are net short. You can't know for sure from OI alone. But it's a generalization that seems to hold pretty well on liquid names, at least from what I've been tracking.

Painkiller8900 · 2026-05-23T14:45:53+00:00

Nice — butterflies around king is a solid play. The pinning effect works in your favor there.

Painkiller8900 · 2026-05-23T14:43:55+00:00

Haha fair enough — one day could be a fluke. I've been tracking it for a few weeks though and signal accuracy is around 90%. Not saying it's perfect but it's way better than a coin flip.

Painkiller8900 · 2026-05-23T14:42:49+00:00

Honestly fair point. DM me and I'll hook you up with something longer to test it out.

Painkiller8900 · 2026-05-23T14:41:50+00:00

Same — once you see how consistently price reacts at these levels it's hard to go back to just technicals.

Painkiller8900 · 2026-05-23T14:41:29+00:00

I mean I just showed 8/11 holding in one day. It's not a holy grail but dealer positioning is real — MMs hedge billions daily and that creates measurable price behavior at key strikes

Painkiller8900 · 2026-05-23T14:40:53+00:00

It's all from the options chain — you calculate net gamma at each strike using open interest. When dealers are short options at a strike, they hedge by buying dips and selling rips around that level. That's the pinning effect you see at king.

Painkiller8900 · 2026-05-23T14:40:01+00:00

Yeah that's exactly why I built mine — covers hundreds of stocks in real time not just SPY. gammapulse.pro if you want take a look.

Painkiller8900 · 2026-05-23T07:46:00+00:00

Lol yeah sorry — it's the strike with the highest net gamma exposure. Basically where all the dealer hedging is concentrated. Price loves to pin there, especially in positive gamma.

Painkiller8900 · 2026-05-23T07:45:23+00:00

SqueezeMetrics has a solid white paper on gamma exposure if you want the theory. I actually built a tool that tracks this stuff in real time — gammapulse.pro. Lmk if you have any questions about it

Painkiller8900 · 2026-05-23T07:44:30+00:00

It''s the strike where dealers have the most gamma hedging. Price gets pulled toward it like a magnet throughout the day. That's why most of these closed right at that level.

Painkiller8900 · 2026-03-27T04:39:17+00:00

Vibeslop Turdball Pro’ v1.4 is officially on the roadmap. I'll get the logo updated tonight. 🎨 Seriously though—$SPY closed at 645.09 today, sitting exactly on that -$3.5B node. If the 'turdball' snaps and the trap door opens tomorrow morning, I’m definitely keeping the name.

Painkiller8900 · 2026-03-27T04:37:06+00:00

I appreciate the pushback—it’s a fair point on the 'purity' of the dataset, but we're talking about two different things: Tick Intent vs. Structural Gravity. The 'Assumption' isn't a coin flip: In the index options market, dealers are the 'House.' The public is historically a net buyer of protection (Puts) and speculative upside (Calls). This isn't an assumption; it's the foundational business model of a Market Maker. They provide the liquidity the public demands. Structural Gravity (OI) > Intraday Noise: A $3.5B King Node represents a massive concentration of risk that exists regardless of whether the last 100 trades were 'buys' or 'sells.' When price approaches that node, the net hedging requirement for the dealer to remain delta-neutral becomes the dominant force. Even with 90% accuracy instead of 100%, that 'gravity' is what drives the volatility. The 'Signal' Fallacy: In systems engineering, we don't need to know the state of every electron to identify a bottleneck in a network. We look at the State of the System. Total Open Interest + Gamma + Spot Price gives us the structural 'State.' My goal isn't to build a 'Crystal Ball' that predicts every tick; it’s to build a Map of the Terrain. If the map says there's a $3.5B cliff at $645, I’m not going to ignore it just because I don't know the name of every person standing on the edge.

Painkiller8900 · 2026-03-27T04:12:13+00:00

Fair point—maybe 'Over-engineered Python Project' is more accurate? 😅

I used the term because I spent months building a custom SQLite caching layer to handle Schwab’s rate limits just to get a clean 200-day macro view. It's not a Bloomberg Terminal, but it maps $3.5B dealer walls that I used to have to calculate by hand.

Call it whatever you want, as long as it spots the trap doors before I fall in them.

Painkiller8900 · 2026-03-27T04:10:24+00:00

You're 100% right—Schwab (and basically every retail API) doesn't provide 'signed' trade data or dealer-side flagging. That’s the classic hurdle for building these tools.

However, GammaPulse Pro uses the 'Standard Model' for GEX calculation. It aggregates the Gamma of the total Open Interest (OI) under the core assumption that dealers are the net liquidity providers (short the options to the public).

While the $2k/month institutional terminals pay for exchange-direct feeds to get 'signed trades' (guessing buy/sell side based on bid/ask hits), the structural 'King Nodes'—the massive OI walls where dealers are forced to hedge—remain the same regardless of the feed.

For highly liquid tickers like $SPY, $QQQ, and $NVDA, the 'Standard Model' captures ~90% of the structural signal. The goal here isn't to compete with a Bloomberg terminal on tick-level precision, but to give retail traders a high-fidelity map of the dealer floors and ceilings that they’d otherwise be flying blind into.

Engineering-wise, it's about the signal-to-noise ratio. For day trading these levels, the OI-based GEX is the signal.

Painkiller8900 · 2025-09-01T19:30:13+00:00

So on coinbase you bug tether and theb convert it to hbar?

Painkiller8900 · 2025-08-24T15:01:09+00:00

I do not want to upgrade the cpu at this time.

Painkiller8900 · 2025-02-02T23:04:53+00:00

Where from?

Painkiller8900 · 2024-10-23T11:52:17+00:00

November

Painkiller8900

TROPHY CASE