Active Trader Programs

SPX Gamma Active Trader Dashboard: Trend & GEX Trend Monitor

What is the SPX Gamma Trend program?

The Trend program evaluates directional opportunities during the middle of the SPX trading session. It examines whether an established bullish or bearish move has the supporting structure to continue, rather than treating every price advance or decline as a trend.

How does Market Intelligence identify an active Trend?

Market Intelligence evaluates the conditions defined by the Trend framework and communicates whether an active bullish or bearish Trend is present. The assessment provides a starting point for examining directional strength, current option flow, and relevant support or resistance.

What does GEX Trend Strength measure?

GEX Trend Strength, or GTS, is SPX Gamma’s measure of the directional relationship between call and put gamma exposure. The GEX Trend Monitor displays that relationship through time, helping traders assess the direction and strength of the condition.

Why does the change in GTS matter?

A strengthening GTS reading can support continuation. A reading that remains elevated but moves back toward zero can indicate deteriorating directional strength. Traders should evaluate both the current reading and its development rather than assuming an elevated value means the move is still strengthening.

How do the Flow Map and Delta Flow Meter support Trend analysis?

The Flow Map helps traders examine meaningful option activity and seller-defined structure around SPX. The Delta Flow Meter adds broader directional-pressure context. Used alongside the GEX Trend Monitor, these tools help assess whether current activity supports the established Trend or begins to conflict with it.

Can support or resistance challenge a strong Trend?

Yes. Meaningful support or resistance can affect continuation even when directional strength is elevated. Price location, the activity behind the level, and changes in GTS and delta pressure help traders evaluate whether the move can continue or is beginning to exhaust.

What does No Active Trend mean?

No Active Trend means the program has not identified a qualifying bullish or bearish Trend. SPX can still move directionally, but that movement may represent a temporary extension rather than an established trend condition. The evaluation shifts toward price location, exhaustion, and the reliability of moves through important levels.

How should traders respond when an established Trend is lost?

When the Trend assessment is lost, traders should reassess the evidence supporting continuation. Weakening strength and changing flow around meaningful levels can shift attention toward false breakouts, false breakdowns, or potential reversals. Losing a Trend does not automatically confirm a move in the opposite direction.