Learning Center

Learn the
dealer flow domain.

20 articles across 4 categories — from "what is dealer gamma" to "why the AI analyst is auditable."

What dealer flow actually is, and why naive GEX leaves money on the table.

Per-metric deep dives: NET, GEX, DEX, VEX, CEX.

How to read regimes, walls, magnets, and invalidation in real trades.

How the AI analyst thinks — and why every call is auditable.

Featured

Position is the inventory list. Positioning is the forced behavior. Most tools show the first; the trade is in the second.

Every SPX session falls into one of five dealer-flow regimes. Reading the regime first is how you stop fighting the tape.

DEX fuses vanna and charm into one read of where dealer gamma is about to amplify, weaken, or flip.

VEX isolates the vanna component of dealer hedging. On vol-regime-shift days, it's the metric that explains everything else.

Squeezes don't come from nowhere. The dealer book signals them 30-60 minutes before the trigger if you know where to look.

The agent learns from real SPX flow. As the data accumulates, the regime calls tighten and the edge compounds.