Reading options dealer positioning daily. Husband and father of two young boys and a 12-year-old Corgi named Henry.

California
Joined December 2025
GEX = Gamma Exposure — dealer hedging sensitivity to price movement. VEX = Vanna Exposure — dealer hedging sensitivity to volatility (specifically, how delta shifts when IV changes). Most traders watch price. I watch who's forced to trade against it. Every options contract sitting open creates a hedging obligation for market makers. Not a prediction — an obligation. When they're long gamma at a strike, they sell rallies and buy dips to stay neutral. Price gets sticky. When they're short gamma, they do the opposite: buy strength, sell weakness. Price accelerates. That's why some levels act like magnets and others act like trapdoors. Three things I look at: The King Node — the strike with the largest dealer exposure. Yellow means it pins. Purple means it amplifies. What sits above vs below spot — a big positive node overhead is resistance you fade into. A big negative node underneath is a level that breaks fast once tapped. What's growing or shrinking — a node gaining size means hedging pressure is building there. One that's fading has already done its work. The part most people miss: purple cuts both ways. Short gamma doesn't mean bearish. It means whatever happens, happens faster. This isn't a crystal ball. It's a map of where mechanical flow lives. Price still does what it wants — this just tells you where the friction is. Not financial advice. Educational only. I'm not a registered advisor and nothing here is a recommendation to buy or sell anything.
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Hey everyone If anyone remembers we will be going back to full updates once the election happens but in the meantime every once in a while i want to have a baseline before the election. So im updating $gme $nbis $iren $CIFR $apld $sofi $amd $elf $hims $OSCR $zeta $TTd $htz today.
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$AAOI $69.10 +1.5% AAOI is sitting in a fast zone between $68 and $70, so moves here tend to run instead of stick. The biggest pull is $65 below, and next week it turns into a calm level where price is likely to settle. There’s nothing much in between to catch a drop. Watch levels: $65 magnet · $68 · $70 · $71 lid Most likely: A slide toward $65 to $66 into next week. Wrong if: It closes back above $71. CSP (Nov 6): No. There’s no real floor until $65. CC (Nov 6): No. With no floor under it, the shares are exposed on a drop.
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Brent Crude 116 dollars... $uso $sofi
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Can someone tell me he really didnt lose 27 million dollars? I think im gonna be sick. $ai $nbis $CIFR
If 27.6M of you guys send me a dollar, I’m willing to capitulate and save the AI trade 😂😂
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$GME $25.55 +0.65% GME is sitting right under its biggest level, a fast one at $26. Fast levels make moves quick and jumpy, so a pop toward $26 to $27 can happen in a hurry. Next week the strongest pull is the calm $27 to $28 area. The $25 level underneath is a real floor, but there’s a fast pocket just below it at $24.50. Watch levels: $25 floor · $26 · $27 · $28 Most likely: A jumpy push to $26 to $27, then it settles around $27 to $28 next week. Wrong if: It closes below $25. CSP (Nov 6): Marginal Yes on the $24 put. The $25 floor sits above it, and every level in between is calm. CC (Nov 6): No. The strongest pull in that column is $28. A $27 call sits below it, and a $29 call still has $30 above it.
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I'm hesitant to buy anything right now due to elections being so close plus Iran heating up. BUT Id like to own smci and i wouldn't mind owning it at 29. A bit risky due to earnings in early Nov. 🚨🚨- Trade alert CSP - Nov 6 exp 29 strike price. $SMCI $33.61 (−5.52%) SMCI is sitting on a big calm $33.50, its main floor this week. The biggest level, a fast $35.50, sits above and pulls up, but a fast $34 is in the way, so the climb could be jumpy. Two weeks out, the biggest levels are calm $40–$41. Just below price, a fast $32.50 could speed up a slip. Watch: $41 / $37 / $35.50 King / $35 / $34 / $33.50 / $32.50 / $32 Most likely: holds $33.50, then pushes toward $35–$35.50 by next week Wrong if: closes below $32 VEX: The biggest level is a positive $41 two weeks out, so calm volatility adds buying toward $40–$41. CSP (Nov 6): Marginal Yes at $32. It’s calm all the way down to $32, but the levels are thin. Earnings land around Nov 3, before expiry, so check the $32 put is under about 0.25 delta. CC (Nov 6): No. The calm $40–$41, the biggest level two weeks out, could pull price through any strike below it.
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Have data centers seen the biggest hit due to the iran situation? $iren - 9 percent $apld - 7 percent $CIFR - 9 percent $nbis - 6.5
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one of the most highly subbed account. down almost 14 million. Dont worry its not just you. $iren $sivef $nbis
Yeah… minor volatility in October. Figured I’d share some personal drawdowns too for transparency.
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Elon musk sais AI is going to be so powerful that we wont need money anymore. Ken Griffith from citidel sais that AI is a bubble. You know why ken sais that? Because he is trying to buy $nbis from you under 100 $iren under 15 $CIFR under 5 so that when nbis hits 500 in 2030 he will have 5x it instead of 3x it. And he doesnt give a shit you sold and lost most of your money.
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As a horror movie fan. This is so insulting i dont even know where to begin. First of all the MIST is not even a zombie movie. World war z is in the top and buttom spot. THERE IS NO zombie movie in 1978 called the living dead. Several of these arent even movies but series. okay rant done lol
My Ranking of the Best Zombie Movies of All Time 🧟‍♂️🔥
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My fav and fellow htz degens. We are back over 2 again! damn it end the war so we can go to 2.5 already lol $HTZ $2.05 (+8.33%) HTZ jumped 8% and is sitting right on its biggest level this week, a fast $2. Expect it to whip around $2 into Friday rather than settle. Next week’s biggest level is a fast $2.50 above, which could pull it up with a jumpy ride. A calm $1.50 is the floor. HTZ trades under $3, and the map is less reliable on stocks that cheap, so treat this as a light read. Watch: $3 / $2.50 / $2 King / $1.50 Most likely: whips around $2 through Friday, then tries for $2.50 next week Wrong if: closes below $1.50 VEX: Next week’s biggest level is a negative $2.50, so a volatility spike adds selling right where a rally would head. CSP (Oct 30): No. This week’s fast $2 King sits right in the path, and the levels are small for a sub-$3 stock. CC (Oct 30): No. The fast $2.50 could push price through the strike, and there’s no real floor until $1.50.
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$CIFR if you really like cifr and want it a bit lower. How does someone paying you 1k to own at 7 dollar a share sound? All you have to do is a CSP 1 month out for 30 contracts. If you love $cifr at 7 and get paid 1k for it.
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$INTC $91.07 (+1.35%) INTC is sitting just under a fast $92. Above that is a big calm zone at $93–$96, with the biggest level, a calm $95, in the middle. Once price gets through $92 it can move quickly to $93–$95, where it should slow down and stick. A calm $90 sits right under price as a floor. Watch: $102 / $100 / $96 / $95 King / $93 / $92 / $90 / $88 Most likely: pushes through $92 and works up to $95 by Friday Wrong if: closes below $90 VEX: The biggest levels are positive, at $95 and $102, so calm volatility adds buying from $95 up to $102. CSP (Oct 30): No. Fast levels at $89 and $88 sit in the path and are bigger than the calm $87 below them. CC (Oct 30): No. Next week’s biggest level is a calm $110, past any reasonable call strike, and it could pull price right through. $Amd $skhy
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$AMZN $262.67 (−0.16%) Lean: Neutral, sideways AMZN is sitting on two calm levels, $262.50 and $265, so expect it to stick in that zone into Friday. A fast $267.50 sits just above, and a calm $270 sits above that. The biggest level this week is a fast $255 below price, so a slip under $257.50 could drop quickly toward it. Watch: $272.50 / $270 / $267.50 / $265 / $262.50 / $257.50 / $255 King Most likely: holds $262.50–$265 through Friday Wrong if: closes below $257.50 VEX: The biggest level by far is a positive $255, so if volatility calms, dealer buying shows up there and cushions any drop. CSP: No clean setup. This map only runs through Oct 28, so there’s no two-week column to check. Covered call: No clean setup, same reason.
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This for sure will reshuffle tom. great numbers. $META $737.66 (+6.25%) Lean: bullish, tilting up META jumped about 6% on earnings, so treat this as a first look. Its biggest level this week is a fast $750 just above price. That tends to pull price up, but with a jumpy ride. The next calm level above it is $800. Just under price, fast levels at $730–$735 mean a fade could move quickly. Watch: $800 / $790 / $760 / $750 King / $740 / $725 / $715 Most likely: works toward $750 tomorrow, then chops around it into Friday Wrong if: closes below $725 VEX: Volatility usually drops after earnings, and the biggest positive level is $800, so that adds buying toward $780–$800. CSP: No clean setup. This map only runs through Oct 28, so there’s no two-week column to check. Covered call: No clean setup, same reason.
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$NFLX $65.12 (−5.31%) Lean: Neutral, sideways Should note both gex and vex king nodes are ABOVE current price. NFLX dropped 5% and landed just under its biggest level this week, a calm $66. Calm levels from $63 to $65 sit underneath, so expect it to settle between $63 and $66 into Friday. A fast $67 sits right above, so a push through $66 could jump. Next week’s levels are split between a fast $71 above and a fast $61 below. Watch: $71 / $67 / $66 King / $65 / $64 / $63 / $61 Most likely: settles between $63 and $66 through Friday Wrong if: closes below $62 VEX: The biggest levels this week are negative at $67 and $63, so a volatility spike adds selling at both. CSP (Oct 30): No. The fast $61, next week’s biggest level, sits right above a $60 strike. CC (Oct 30): No. A fast $67 and the fast $71 King sit in the path to any call strike above.
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$NBIS $172.94 (+0.87%) NBIS is sitting in the middle of a wide calm zone. Its biggest level, a calm $165, is below price, and an almost equal calm $180 is above. That usually means a slow range between $165 and $180 rather than a big move. Next week’s levels are small, so there’s little structure past Friday. Watch: $190 / $180 / $175 / $167.50 / $165 King / $160 Most likely: chops between $165 and $180 through Friday Wrong if: closes below $160 VEX: The big positive levels this week sit above price at $180–$195, so calm volatility adds buying toward $180–$190. CSP (Oct 30): No. Next week’s levels are thin, and a small fast $170 sits in the path to any put strike. CC (Oct 30): No. A fast $180 sits in the path to the $190 strike and is close to $190’s size.
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$SOFI $14.96 (+1.94%) Lean: Neutral SOFI is sitting right on its biggest level this week, a calm $15, so expect it to stick near $15 into Friday. Next week the calm levels stack up from $16 to $18.50. A fast $15.50 sits in the way, so a break above it could move quickly. Just under price, a big fast $14.50 means a slip could speed up. Watch: $18 / $17 / $16 / $15.50 / $15 King / $14.50 / $14 Most likely: pins near $15 through Friday, then works toward $16 next week Wrong if: closes below $14.50 VEX: The biggest positive levels next week sit at $16–$18.50, so calm volatility adds buying toward $16–$18. CSP (Oct 30): No. The fast $14.50 sits in the path to any put strike, and this week’s version of it is huge. CC (Oct 30): No. The fast $15.50 in the path to $16 is nearly as big as $16 itself, and the fast $14.50 under price puts the shares at risk. 🟡🟢 Calm = slows price | 🟣🔵 Fast = speeds it up | ⭐ King = biggest magnet
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$CIFR $9.16 (+3.10%) Lean: Neutral, tilting up CIFR’s biggest level this week is a fast $9.50 just above price, with an even bigger calm $10.50 right behind it. That pulls price up, but everything from $9 to $10 is fast, so the ride could be jumpy. Next week’s biggest level is a calm $11. Watch: $11 / $10.50 / $10 / $9.50 King / $9 / $8.50 / $8 Most likely: pushes toward $10–$10.50 by Friday, with quick swings along the way Wrong if: closes below $8.50 VEX: The biggest positive levels are $10.50 this week and $11 next week, so calm volatility adds buying toward $10.50–$11. CSP (Oct 30): No. This week’s big fast $8 sits right at a likely put strike, so a drop could blow through it. CC (Oct 30): Marginal Yes at $11. It’s calm all the way up, and $11 is next week’s biggest level, so price should stall there. The levels are thin, though, and the fast $9 under price puts the shares at
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$OKLO $28.16 (+2.47%) Lean: Neutral, tilting up OKLO is sitting just under a calm $28.50, its biggest level this week, so it likely stays near $28–$28.50 into Friday. Next week’s biggest level is a calm $32, and the path up to it is all fast levels, so a push could move quickly. The levels on this name are small, so treat this as a light read. Watch: $32 / $30 / $29 / $28.50 King / $28 / $27 Most likely: holds near $28.50 through Friday, then pushes toward $30–$32 next week Wrong if: closes below $27 VEX: The biggest level by far is a positive $32 next week, so calm volatility adds buying toward $32. CSP (Oct 30): No. A fast $28 sits right under price, with almost nothing underneath it next week. CC (Oct 30): No. There’s no floor under the shares, and the fast $29–$31 sits in the path to a $32 strike.
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