Options Analytics
Open Interest Exposure Profile
Scan where traders are concentrated by strike and expiry for SPY
Interpreting Open Interest & Volume
Why open interest matters
Open interest tallies outstanding contracts. Dense clusters highlight battleground strikes and potential pin levels into expiration.
How to use these views
- Net exposure charts reveal call vs. put dominance by strike.
- Grid mode summarizes positioning by strike or expiry for quick scanning.
- Range controls focus on the actionable section of the chain.
Practical applications
- Identify likely magnet levels driven by dealer hedging.
- Gauge sentiment when call/put dominance flips.
- Spot unusual build-ups that may precede large moves.