Blahtech GL is our gamma-levels indicator. It does two things differently from every other GEX tool out there.

First, it filters. Most GEX tools plot every strike with open interest - your chart ends up covered in lines that do not actually mean anything. Blahtech GL only marks the strikes where options pricing itself is showing something unusual: real positioning anomalies, not just paper inventory sitting on the books.

The indicator marks four kinds of level:

• Mega / moderate / weak calls- three tiers of upside strikes ranked by how dominant the call positioning is. Mega calls are the heavyweight overhead levels; moderate and weak calls are secondary and tertiary levels worth knowing about but not betting the farm on.
• Mega / moderate / weak puts- the same tiered ranking on the downside.
• Gamma walls- the standout strikes where positioning is concentrated heavily enough to dominate hedging flow regardless of which side they are on.
• Gamma flip- the price level where the overall hedging regime transitions. Above it, dealer hedging tends to dampen moves; below it, it tends to amplify them.

Products supported: ES, NQ, DAX, GC, SI, HG, CL.

Download the indicator from the members area on blahtech.co.uk/members

IMPORTANT: Zip file we provide contains all our indicators, but the licenses will only activate for the purchased products.