See Where Dealers Are Hedging โ In Real Time
The complete options analytics platform โ built to show you where dealers are hedging, where smart money is positioning, and where price is most likely to go next.
Built For Options Traders
The signals professional desks watch โ order flow, dealer positioning, and AI-grounded analysis โ without the Bloomberg price tag.
Intraday Greek Heatmaps
Watch GEX, VEX, and DEX evolve through the trading day. See dealer hedging walls form in real time, by strike and by expiration.
๐Real-Time Order Flow
Stream every options print as it crosses the tape. Surface sweeps, blocks, and golden sweeps that signal where institutions are positioning.
๐คAI Trading Brief
Daily AI-generated market briefs with key levels, regime read, and an actionable plan โ grounded in your live options data, not generic news.
Real-Time Order Flow ๐
Every options print, the moment it hits the tape. Filter by sweeps, blocks, golden sweeps, and premium thresholds to see exactly where institutional capital is moving โ not where it moved an hour ago.
- Sub-second streaming via Redis pub/sub
- Sweep, block, and golden-sweep detection
- Premium, size, and direction filters
Greek Heatmap by Expiration ๐
See dealer positioning broken out by every listed expiration. Identify which expiry is driving todayโs gamma walls and which strikes will pin price into close.
- GEX, VEX, and DEX by strike & expiration
- ATM / ITM / OTM segmentation
- Pin-risk and gamma-wall detection
Intraday Greek Heatmap ๐ฅ
Replay how dealer hedging shifted minute-by-minute through the session. The heatmap continuously captures GEX, VEX, and DEX and stores the full history, so you can pinpoint exactly when positioning broke.
- Intraday GEX / VEX / DEX snapshots
- Full intraday playback timeline
- Replay any moment of the trading day
Heatmap Compare Mode ๐
Compare any two snapshots side-by-side โ yesterday vs today, pre-CPI vs post-CPI, or open vs power hour. Quantify exactly how dealer positioning changed across the strikes you care about.
- Side-by-side snapshot comparison
- Diff view of GEX / VEX / DEX deltas
- Bookmark and replay key moments
Net Premium Drift ๐
Track the cumulative flow of bullish vs bearish premium throughout the trading day. Spot the moment institutional buyers tip their hand โ and the divergences that mark exhaustion.
- Real-time call vs put premium drift
- Bullish / bearish sentiment scoring
- Divergence and exhaustion alerts
Charts With Options Context ๐
Candlesticks alone donโt cut it. Overlay GEX bubbles, key levels, max pain, and ฯ bands directly on the price chart to trade with the same context the desks have.
- Greek exposure bubble overlay
- Max Pain, ฯ bands & confluence zones
- Configurable indicators and timeframes
AI Trading Brief ๐ค
Start every session with a personalized, AI-generated brief grounded in your live options data. Get the regime read, key levels, and an action plan โ then ask the chat assistant to explain any chart in plain English.
- Daily brief with regime, levels & action plan
- Context-aware chat on every page
- Outcome tracking on past predictions
Built For Income Sellers ๐ฐ
Theta decay is the engine behind covered calls, cash-secured puts, and the wheel โ and it is what this platform is named after. Pick strikes with data instead of instinct.
- Empirical probability of finishing OTM โ not just delta
- Strikes ranked against max pain and gamma walls
- Annualized yield and capital required, across a watchlist
- IV Rank context so you sell premium when it is actually rich
Wheel Strategy Screener
Screen both legs of the wheel across a whole watchlist โ delta, DTE, liquidity, and yield filters, with assignment probability on every candidate.
๐๏ธStrike Selector
Rank every viable covered call and cash-secured put strike against empirical probability, max pain distance, and gamma-wall confluence.
๐ฐIncome Calculator
Batch-run your assumptions across a watchlist: expected premium, annualized yield, capital required, and downside breakeven.
New to premium selling? Start here: The Wheel Strategy ยท Covered Call ยท Cash-Secured Put ยท Theta Decay
The Full Toolkit
Every analytic you need to size, time, and manage an options trade.
Key Levels
Max Pain, GEX walls, ฯ bands & confluence zones
๐IV Smile & Skew
Spot volatility dislocations across the chain
๐IV Rank
Know whether premium is rich or cheap before you trade
๐งฎOptions Calculator
Price contracts with Black-Scholes & live Greeks
๐Price Distribution
Probability cones from implied volatility
๐Options Chain
Live bid/ask, full Greeks, and open interest
Simple Pricing
Start free, upgrade when you're ready
Pro Free Trial
7-day full access
- Full platform access during trial
- Real-time quotes and order flow
- Intraday Greek heatmaps
- AI Trading Brief & chat assistant
- All analytics and trading tools
Pro Monthly
Cancel anytime
- Full platform includes:
- Real-Time Order Flow
- Intraday Greek Heatmaps (GEX / VEX / DEX)
- Heatmap Compare Mode
- Net Premium Drift
- AI Trading Brief & Chat Assistant
- Streaming Quotes
- IV Smile & Skew Analysis
- Wheel Strategy Optimizer
- Strike Selector Tool
Pro Annual
Best value
$41.58/mo
- Full platform includes:
- Real-Time Order Flow
- Intraday Greek Heatmaps (GEX / VEX / DEX)
- Heatmap Compare Mode
- Net Premium Drift
- AI Trading Brief & Chat Assistant
- Streaming Quotes
- IV Smile & Skew Analysis
- Wheel Strategy Optimizer
- Strike Selector Tool
Frequently Asked Questions
Where does Theta Vantage get its options data?
We source real-time options data from professional providers backed by OPRA and CBOE feeds. Pro subscribers get live quotes and streaming order flow during market hours.
What makes the intraday Greek heatmap different?
Most tools only show end-of-day Greek exposure. Theta Vantage captures GEX, VEX, and DEX throughout the session and stores the full history, so you can replay how dealer positioning shifted around news, opens, and closes โ by strike and by expiration.
What is the AI Trading Brief?
A daily, AI-generated market read tailored to your watchlist. It identifies key levels, regime shifts, and an action plan grounded in live options data โ not generic news headlines. Pro users also get a context-aware chat assistant that can explain any chart on the platform.
Do I need to create a password?
No passwords needed. Sign up instantly with Google, Apple, or Facebook using secure OAuth authentication.
How does the Pro free trial work?
Sign in, complete checkout, and start a 7-day Pro free trial with full platform access. After the trial, your chosen plan continues unless you cancel.
How is Theta Vantage different from other options tools?
We combine institutional-grade Greek exposure analytics (GEX, VEX, DEX, Vanna, Charm) with real-time order flow and an AI assistant that actually understands your charts. Our intraday heatmaps show exactly where dealer hedging is shaping price โ minute by minute.
Can I cancel my Pro subscription anytime?
Absolutely. Cancel anytime with one click. Your Pro features stay active until the end of your billing period.
Ready to Trade With An Edge?
Sign in and start your Pro free trial in minutes. No password โ just real-time options intelligence.
Start Free TrialDisclaimer: All content is for educational and informational purposes only. This is not financial advice. Options trading involves significant risk. Please consult with a financial advisor before making trading decisions.