Know what each tool shows and what it does not.
These short guides explain the main workflow from building a working list to comparing contracts, reading gamma positioning, tracking a position, and evaluating a roll.
Portfolio and shortlist
Build the working universe that feeds the scanner without mixing owned positions with ideas you are only researching.
- Portfolio holdings store shares and purchase prices so covered-call capacity and breakevens can be estimated.
- The shortlist is for candidates you want to compare without treating them as owned positions.
- Select a row to load that ticker throughout Focus, Heatmap, and GEX. Refreshing updates market data; it does not place a trade.
Ticker Focus and preferred contract
Review the active ticker and the contract that best fits the scanner's current strategy, range, and filters.
- The preferred-contract snapshot keeps expiry, premium yield, premium, delta, open interest, and volume together.
- Earnings timing, strategy yield, and historical volatility remain supporting context; expected move stays in the Heatmap and Contract details views.
- Preferred means the contract scored well under the active range and filters. It is not a recommendation.
- Use Go to heatmap to inspect neighboring strikes and expiries before importing a contract to the tracker.
Options Heatmap
Compare strikes and expirations visually while keeping yield, delta, liquidity, expected move, and event warnings together.
- Switch between covered calls and cash-secured puts before comparing cells.
- Use DTE, strike-gap, exact-expiry, and liquidity controls to narrow the board deliberately.
- Color represents relative fit inside the visible range. Select a cell to populate Contract details and the Trade planner.
Contract details and Trade planner
Translate a selected heatmap cell into contract-level context and a position size based on saved shares or available cash.
- Contract details show premium, delta, probability context, expected move, activity, and the selected expiry.
- The planner estimates supported contracts, collateral, breakeven, and assignment outcomes from saved portfolio data.
- Treat planner output as a sizing check, not as brokerage execution or personalized advice.
Gamma Exposure - GEX Strike Profile
See estimated call, put, and net gamma exposure by strike, with spot, walls, and the modeled gamma-flip level.
- Choose a DTE range, then compare Near spot with All strikes.
- Call wall and put wall mark the largest modeled call and put concentrations under the app's sign convention.
- This is an open-interest positioning proxy, not observed dealer inventory or a support/resistance forecast. Check gamma coverage.
Gamma Exposure - GEX Matrix
Break the same positioning estimate into a strike-by-expiration surface to see where exposure is concentrated in time.
- Rows are strikes and columns are expirations; switch among net, call, put, and open-interest views.
- Use global color scale to compare the whole table or per-expiry scale to reveal structure within each date.
- A darker cell means larger magnitude under the selected scale. It does not express conviction or a price prediction.
Optionable tickers
Discover liquid US-listed candidates before deciding whether any underlying belongs in the portfolio or shortlist.
- Rankings combine stock liquidity, option-chain quality, and normalized call and put income metrics.
- Use warnings and data-freshness labels before relying on a high score or yield.
- Adding a name starts research; it does not mean the stock or contract is suitable.
Trade Tracker
Record the opening and closing lifecycle so premium, realized P&L, assignment outcomes, and follow-up actions stay visible.
- Import a selected scanner contract or enter a position manually, then update it when it is closed, expires, or is assigned.
- Broker sync is read-only and tracker records do not place or modify brokerage orders.
- Open positions can be sent to the position heatmap or Roll Assistant.
Roll Assistant
Compare later expirations and shifted strikes after pricing the cost to close the current option.
- Net credit is new premium minus the current contract's estimated buy-back cost.
- Compare DTE change, strike change, and normalized yield rather than ranking candidates by credit alone.
- A roll closes one position and opens another. It changes risk; it does not erase a loss.
Unusual Options Activity
Investigate unusually active contracts with the daily scan’s coverage and data quality in view.
- Start with the run date, coverage, and freshness before comparing activity scores.
- Compare volume, open interest, premium, confidence, and quality flags together. A high score measures unusual activity; it does not establish a profitable trade.
- Open a scanner link to inspect the underlying contract and its current liquidity. Activity alone cannot identify the trader’s full position or intent.
Options Order Flow
Inspect individual option prints for a selected set of symbols and lookback period.
- Choose symbols and a lookback, then submit Search. Use Refresh to request updated results.
- Read each print’s time, contract, price, size, and premium. Check the result limits and coverage before treating the table as a complete market history.
- Separate observed trades from any inferred labels. A print alone does not reveal an opening or closing trade, the trader’s full position, or its purpose.
This academy is for educational purposes only. It does not provide financial, investment, tax, legal, or personal portfolio advice. Options involve risk and are not suitable for all investors. Examples are simplified and hypothetical. Investors should make their own decisions, consider their own financial situation, and consult qualified professionals where relevant.