GEX
VANECK VECTORS GLOBAL ALTERNATIVE ENERGY ETF
stock NYSE

Mfs vibe code a GEX tool and think they can accurately predict how the dealer positioned 🥀

Mfs vibe code a GEX tool and think they can accurately predict how the dealer positioned 🥀

GEX is nice but not all GEX is the same. for example, I calculate gamma using a complex function/formula than traditional black sholes...
option flows is okay but to be frank I rarely bother with it
imo, you have to work with markets.. you have to be able to understand the big picture and be able to hear the music
and as of the last few weeks.. macro got in the driver seat so GEX and option flows haven't mattered as much.. the music has been different since about mid August
whip out the macro models

the chop is real lol but it is not random. when dealer gamma flips and there is no dominant call or put wall nearby, price just grinds sideways because there is no structural magnet pulling it either way. have you tried narrowing to the symbols where GEX structure is actually clean enough to read, or are you spreading attention too wide right now? I used to do PayPal and smaller company plays until I realized hedge funds are so predictable if you can see where they're hedged. Companies that track hedging on SPY, QQQ, NVDA all have great data out there for traders.
Best of luck!

Context not signal is exactly right. GEX explains the pin, flow tells you something happened, neither tells you what to do. When it lines up with price action what's your actual trigger?

MU closed Tuesday at $1,065.08, up 1.05%. After-hours sat near $1,071, overnight now around $1,073, up another 0.74%.
Here's the GEX setup (Oct expiry – post-roll):
Put Wall $1,000, Call Wall $1,100, gamma flip around $973.68. Tuesday's close is above the flip and the Put Wall, below the Call Wall. Quick caveat: these walls are much softer into a print – a big guide can blow right through them.
Technically, above the middle Bollinger band ($1,005), RSI mid 60s, MACD flattening.
Now the historical data says the chart worth staring at before tonight. MU's last 12 prints: expected move averages ±9.09%, but actual day-one moves average just ±1.68%. The stock consistently undershoots the options market on day one, mostly IV crush doing its thing.
The 14-day drift is the real story though – it's ranged from -29.68% to +38.90%. So day one is noise. The guide sets the two-week direction.
Options tonight are pricing roughly a 7% swing. Based on history, day one is probably smaller. The guide is what matters.
Short-term, $1,032-1,058 is first support. $1,000 is the line if the guide disappoints. $1,100 is the Call Wall overhead.
I'm not adding size at $1,065 into a 7% implied move. Let the guide talk.
Anyway, I'll be up watching the call and praying good result. Good luck to everyone holding through.
DYOD🫡