Options levelsOverview
Options Levels 🎯 plots 13 key institutional and options-based levels directly on your chart — including Call Wall, Put Wall, Gamma Flip, Whales Pivot, five Whale levels, and Sigma deviation bands (σ¹ / σ²).
It’s designed for both intraday and swing traders, offering a clean visual structure with elegant emoji labels, flexible visibility controls, and precise right-edge extensions for each line.
✨ Key Features
Single structured input with 13 ordered levels:
CallWall, PutWall, GammaFlip, Whales Pivot, Whale1..Whale5, Upperσ1, Upperσ2, Lowerσ1, Lowerσ2
Expressive emoji labels (🟢, 🔴, ⚖️, 🌑, 🐋, σ¹/σ²) optimized for dark themes.
Right-edge alignment: each line extends exactly to its label — no infinite lines.
Group visibility toggles:
• Critical Levels → Call Wall, Put Wall, Gamma Flip, Whales Pivot
• Whale Levels → Whale 1–5
• Sigma Bands → Upper/Lower σ¹ and σ²
Dynamic line-length multipliers that emphasize key levels.
Built-in alert conditions:
• Price crossing above the Call Wall
• Price crossing below the Put Wall
⚙️ Inputs & Settings
📋 Level List (string) : comma-separated list of 13 numeric values.
Example:
🎨 Appearance
• Base line length (bars)
• Label visibility toggle
• Line thickness
• Extend line and label to the right
• Distance (bars) between last candle and label
👁️ Visibility Controls
• Toggle Critical, Whale, or Sigma levels independently
🚀 How to Use
Paste your list of 13 ordered levels into the input field.
Adjust base length and thickness according to your timeframe.
Enable “Extend to the right” to position labels neatly beyond the last candle.
Use visibility toggles to focus on specific level groups (e.g., hide Whale Levels for short-term setups).
Optionally enable alerts to track price breakouts above/below Call and Put Walls.
The plotted levels are derived from aggregated options flow data, institutional positioning, and volatility-based deviations (σ). They serve as reference zones rather than predictive signals, helping visualize where liquidity and dealer hedging pressure may cluster.
📖 Level Definitions
Call Wall 🟢 — The strike with the highest call open interest; potential resistance area.
Put Wall 🔴 — The strike with the highest put open interest; potential support area.
Gamma Flip ⚖️ — Level where total gamma exposure changes sign; may reflect a shift in dealer hedging behavior.
Whales Pivot 🌑 — Represents the average institutional positioning from the previous trading day, reflecting where large option flows were most concentrated.
Whale Levels 🐋 — High-premium or large-volume strikes typically linked to institutional activity.
Upper σ¹ / σ² 📈 — One and two standard deviations above spot; potential overextension zones.
Lower σ¹ / σ² 📉 — One and two standard deviations below spot; potential mean-reversion zones.
Levels are manually input by the user. This script is a visual reference, not a predictive model.
⚠️ Notes
Levels are user-provided (not calculated by this script).
The indicator does not issue buy/sell signals or provide performance guarantees.
Designed purely as a visual aid for contextual market reference.
Optimized with barstate.islast for performance (draws only at the latest bar).
Disclaimer:
This indicator is for educational and visual purposes only. It does not generate buy/sell signals or guarantee future results. User-provided levels are meant for contextual reference only.
Developed for traders who rely on market structure and options flow context. Feedback and suggestions are welcome.
Gammaexposure
Gamma Exposure Levels by OMG (Oh My Gamma)OMG (Oh My Gamma) - Daily GEX Levels
An operational framework for Gamma analysis with daily data.
Indicator's Purpose & Demo Data
This indicator plots key strategic levels derived from Gamma Exposure (GEX) analysis. It showcases the operational logic of OhMyGamma analytical engine.
IMPORTANT: The levels plotted by this public script are based on a past date's snapshot for demonstration purposes. They are not valid for live trading and will not update automatically.
The real edge comes from using the fresh data structure provided daily.
How to Read the Levels
This indicator is designed to provide actionable intelligence, not just data. Here's how to read it:
The Levels: Each line represents a key strategic zone (Zero Gamma, Call/Put Walls, etc.) where a market reaction is statistically probable due to dealer hedging flows.
Line Thickness = Strategic Importance: The thickness of each line directly corresponds to its strategic rating. Thicker, solid lines represent higher-conviction zones.
Labels & Tooltips: Hover over a level's label on your chart to see its full description, confluences, and strategic rating.
Pro Tip: The Power of Confluence
This indicator is not a standalone "system". It's an institutional-grade intelligence layer. Its predictive power increases exponentially when used to find confluence with your own analysis.
The highest-probability trades occur when a key Gamma level aligns with:
Price Action: Key support/resistance zones, order blocks, or liquidity pools.
Volumetric Indicators: High/Low Volume Nodes (HVN/LVN) from Volume Profile, VWAP, and Anchored VWAP.
Use these levels to confirm your setups and gain the conviction to act.
How to Get the Daily Updated Script
This indicator requires a new Pine Script code each day to load the current session's data.
To get the daily updated code feel free to visit www.ohmygamma.com
Feedback & Suggestions
This tool is built for the community. Suggestions for improvements and new features are highly welcome and help the project evolve. Feel free to get in touch via the contact form on the website.
Disclaimer: This tool is for informational and educational purposes only. Trading involves significant risk. The authors assume no responsibility for any trading decisions.
