01 · CONTRACTS STACK
Traders open options positions at many strikes and expirations.NET GEX / STRIKEILLUSTRATIVE PROFILE · SIGNED EXPOSURE
THE TOPOGRAPHY OF POSITIONING
See the walls
before the move.
Options dealers hedge as prices move, and that hedging can slow a move or add to it. Orogex maps where it sits, strike by strike, and labels the regime at today's price.
ILLUSTRATIVE NET-GEX PROFILE · NOT MARKET DATASCROLL TO READ THE GROUND OROGENY / SESSION 07
THE NAMEOROGEN+GEX=OROGEX
orogeny /ɔːˈrɒdʒəni/ noun — mountain building caused when tectonic forces compress and deform the Earth's crust.
Orogex joins orogen—a mountain-building belt—with GEX, gamma exposure. Tectonic forces move beneath the Earth's surface and build the mountains above it. Options markets have hidden forces too: dealers hedge the options they hold, buying or selling the underlying as prices change. That hedging can help hold price near a strike, slow a move, or add to one. Orogex maps where those forces sit.
THE FORCES BENEATH PRICE
Price doesn't move randomly.It moves around positioning.
Dealers end up holding options across many strikes and expirations. When price, volatility or time changes the delta of those holdings, keeping them hedged means buying or selling the underlying. Those adjustments can cluster around particular prices.
Orogex draws that structure as a map, strike by strike, so you can see where the ground is firm and where it gives way before you trade.
01 · CONTRACTS STACK
Traders open options positions at many strikes and expirations.
02 · DEALERS HEDGE
Dealers take the other side and hedge what is left over, usually in the stock or its futures.
03 · STRUCTURE EMERGES
Where positions are large, hedge adjustments are large too. Walls form, and price can feel them.
01 · CONTRACTS STACK
Traders open options positions at many strikes and expirations.
02 · DEALERS HEDGE
Dealers take the other side and hedge what is left over, usually in the stock or its futures.
03 · STRUCTURE EMERGES
Where positions are large, hedge adjustments are large too. Walls form, and price can feel them.
02 · DEALERS HEDGE
Dealers take the other side and hedge what is left over, usually in the stock or its futures.03 · STRUCTURE EMERGES
Where positions are large, hedge adjustments are large too. Walls form, and price can feel them.THE DECISION LAYER
The map comeswith the legend.
A level is only a coordinate. Orogex shows what produced it, the regime around it, and the definition behind it, so you can judge it yourself.
Net GEX per $1 move at the strikes around today's price.
01GAMMA
Under our dealer convention, hedging here would lean with a move, not against it.
02596.40
Above it, net GEX turns positive. The definition is one click away.
03Illustrative numbers · definitions on the Methodology page
COCKPIT / OBSERVATORY
Most tools stopat the view.
A wall without context is one more thing to interpret. Orogex pairs the map with the regime, a plain-language note on each level, and a published definition for every number.
Not a black box. A glass one.
READ THE MAP AS
Density without drag.
Gamma, delta, vanna and charm by strike across every listed expiration, in one dense workspace.
Plain English without dilution.
The same terrain with plain-language notes and a free concept library, so you learn why a wall matters, not only where it sits.
THE INSTRUMENT PANEL
Already on theflight deck.
Items marked AVAILABLE are open to every beta account today. The rest are built and not yet switched on.
THE TERRAINAVAILABLE
Gamma, delta, vanna and charm exposure by strike and expiration, refreshed every 1–2 minutes.
WALLS & GAMMA FLIPAVAILABLE
Call wall, put wall and Gamma Flip Level for the expirations you choose, each defined on our Methodology page.
GAMMA REGIMEAVAILABLE
Each expiration labeled positive, negative or transition gamma at today's price, with its distance from the flip.
EXPECTED RANGEAVAILABLE
A one-standard-deviation range for each expiration, from its options' implied volatility, drawn on the map.
PLAIN-LANGUAGE LEVELSAVAILABLE
Open any level for a short explanation of what it is and which expirations carry it.
NAMED ARCHETYPESNOT YET AVAILABLE
Ten named market regimes, each with the signals that produced it.
SESSION REPLAYNOT YET AVAILABLE
Step back through the day's terrain, snapshot by snapshot. Gaps shown, never filled.
AI COMMITTEENOT YET AVAILABLE
Specialist analysts argue the bull and bear case; a judge writes one plain paragraph.
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