OPAQuant & risk

Options Analytics

The chain, the dealer gamma it implies, and the tape of what is actually trading — where options positioning is read, rather than where a structure is built.

What it does03
01

Reads the market in options rather than building a position in it. The chain gives the quoted surface strike by strike, the exposure views turn open interest into a gamma profile, and the tapes show what printed.

02

Answers positioning questions: where dealer gamma sits against spot, which strikes carry the open interest, and whether a print is unusual for that contract's own volume, open interest and IV.

03

Covers both a single name and the whole market — Ticker Activity is the selected underlying's contracts, Flow Monitor is every ticker's prints in one tape.

Views05
Options Chain

Calls on the left, puts on the right, strikes down the middle with the at-the-money row marked. The expiry pager steps through dates, Strikes sets how many rows either side of the money, and Columns chooses which of last, bid, ask, change, volume, open interest, IV, delta, gamma, theta and vega are shown on each side.

Exposure Monitor

Gamma exposure five ways: against price, against returns, by strike, by expiry, and by strike and expiry together. The by-strike view is the one most read — calls and puts as opposing bars with net gamma over them and the current price marked, so the strikes that pin or accelerate the underlying are visible at a glance.

Ticker Activity

The selected underlying's contracts as they print. Each row carries volume, open interest and implied volatility alongside how each compares to that contract's own norm — the relative columns are what separate a large print from an unusual one.

Flow Monitor

Market-wide prints, not one ticker's. Size, premium and cost say how big the trade was; delta and gamma exposure say what it does to the dealer's book; the impact columns say how much it moved that contract's volume and open interest. Every column sorts.

Screener

One row is one option contract, not one underlying. The right-hand drawer holds eight filter groups, and activating a filter adds its column to the table so the number it filters on is visible, not just the cutoff. Preset chips apply several filters at once as a single named strategy shortcut. Clicking a row sets the ticker and switches to the chain.

How you use it05
01

The header ticker names the underlying the chain, the exposure views and Ticker Activity are read as being about. Flow Monitor and the Screener are market-wide and stand apart from it.

02

Page the expiry strip in the chain, and use Strikes to widen or narrow the range shown around the money.

03

Open Columns in the chain to choose which quote and greek columns appear on each side.

04

Pick a chart in the Exposure Monitor, and set the strike count for the by-strike views.

05

Click any column heading in either tape to sort by it.