GEX
VANECK VECTORS GLOBAL ALTERNATIVE ENERGY ETF
stock NYSE

GEX is also very helpful in confluence with everything else

Would you say GEX is a must have? or you could work without it. Thanks brother. For now im currently just working with the stuff I said, fs testing out the footprint atm and I do look at the cvd sometimes.

I use GEX to trade indexes. However I would never ever pay for the data, it is too easy to get free. It took (and I am not exaggerating) 10 minutes to have GPT 5.5 build a website that hooked up to my schwab api, pulled the options chain and calculated GEX then displayed it in a nice dashboard.

Exactly that brother I mean, that’s literally all you need, use the the GEX data and composite volume profiles with the heat map on book map and see if the levels match up and then just trade the reversal from there and then if you really wanna get crazy you can use a footprint chart and look for a CBD divergence or look for a volume spike and it’s literally just once you see exhaustion on buyers to sellers or sellers to buyers, you know you’re in the money, especially if that’s out of value area lower evaluate area higher a POC or a high volume note a low volume node for a zero print like you know price is just gonna run through that shit so you’re right on the money, bro.
I trade on the 32nd and give myself a super tight stop. I want to see price continue in my direction if I’m right and I move to break even quickly so if I’m wrong, I’m wrong and then I try it again and again and again and again and eventually that train will leave the station and go where I wanted to go and I’ll collect my 150 ticks and I’ll call it a day but I do not limit myself to a certain number of trades nor do I have a daily loss limit unless I’m up a considerable amount then I’ll put it on there, but that’s only if like a runner ran like a 1 to 10 RR or something insane

Well there’s never a for sure in trading but I look at the GEX, gamma levels, open interest, order flows etc. you can get a pretty good idea if it’s going up or down although you can’t tell how much movement. But for example if I know a ticker like Tesla can move even $15 a session I’ll go for who I know moves the most etc. but I also don’t trouble myself with knowing tons of tickers I’ll stick to like a core of 5 of them. I don’t want to stare at screens all day searching.

If you really traded that long and can't see ot then I can't help you. Most GEX is useless. Some services pay the high fee to actually get true dealer positions. There's only a handful that I know of that are useful. Most aren't in that category.

I trade very similar to your style. Small losses but large RR multiples. In addition to just GEX, do you also use the other first and second order greeks? I've built my own GEX dashboard using level 2 options data subscription so I could find out the call/put walls at different strike levels along with VEX, DEX, and Charm. Anything else you use?

What is your data source for GEX? Do you build it yourself from options feeds, or are you using a commercial subscription?

No offense but if you think the markets are fair and just moving based on natural auctions... you are **extremely** naive and blind. There's no other way for me to say it. The markets are ridiculously manipulated. You can see it in orderflow, you can see it in GEX. even in just price action alone you can see it. the fact that spoofing is illegal is just a hint that things aren't all natural in the market. and even though it's still illegal you still see people spoofing all the time on the DOM. just think about the concept of an option. most of the option sellers (sell to open) are market makers. if you purchase a call who is paying out? you're either losing your premium or you're getting paid out by them. you and the market maker CANNOT both win. meaning, they have a very direct financial incentive for you to lose. both the buyer and the seller cannot both win. that's just facts, not an opinion. with so much money tied to 0DTE do you really think that market makers are just going to pay you out over and over? If you analyze GEX you can see retail getting absolutely screwed every single day. like I said it's evident all over the market it's absolutely not natural movement. it's basically this simple: with so much financial gain to be had in the markets, people are going to play fair? go look at congress... there's another hint.

This is my 3rd time hitting 50k+ months. I did 100k in October, but i wasn’t able to keep it cause my psychology (manifestation) was off.
I am a momentum orderflow trader who strictly focuses on shorting. I use GEX, HVN’s, LVN’s, CVD, Deltas positive/negative gamma, composite volume profiles, etc. i use bookmap for confirmation and i use the 30sec for entries and target 150t per session, either on 1 or 2 contracts. My goal is $1500 a session (Asia/NY, sometimes London).
If you’re still struggling passing evals it’s as simple as 5 contracts on NQ for 61t, 62t to account for slippage. Do this in ny with momentum and you can hit that in 10-60 seconds. Literally 1 candle will print $1500+ do the same thing in Asia. Wait for volume aka momentum and go from there.
If you are struggling to build a buffer, only trade days where we are absolutely moving. 1 contract on a 1/10rr will get you set more than scalping multiple wins.
At the same time i do not limit my trades. I’d rather be wrong three or four times with an extremely tight stop and then make up all that draw down (which is minimal).
I like to think of it as the train leaving the station, those candles are essentially trains on a track, and your amount of contracts are passengers. Your job is to get them to their destination of X, whether that’s a number of ticks dollar amount, etc. personally, I prefer ticks rather than looking at a PNL, this has help me scale past 10-20k months vs double and triple.
That being said, ask me anything fellas. I’m an open book. If you look at all my other comments on here I’d give actual sauce. You gotta believe you’re worthy of the money you’re CAPABLE of making too, otherwise the universal will take that from you.
Trading is the hardest easiest money you can make on this planet. And your ability to keep that money is directly proportional to your self-concept and your values around money. If you think it’s difficult, it will be difficult if you think it’s easy it will be easy your interstate reflection outer state. The law of assumption rules, everything. Period.
Looking forward to talking to you guys!

I trade 0DTE spreads, and I’d say GEX can be helpful, but it’s not magic. Like, it doesn’t “predict” the market. It’s more like a map of pressure points. If you’re still trying to find a strategy, paid GEX data probably won’t solve that. It may complicate your decision making

GEX is useful, but I wouldn't build a strategy around it alone. It works better as context rather than a buy/sell signal. Price action and risk management still matter more.

Is GEX data worth paying for?