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GEX (MM), H-GEX and C/P OI (R): DeepCharts' gamma columns against the order book

Module 04 · 4 · The book against gamma: 4:47 pm to 5:13 pmLesson 16 of 3210 min🔒 Students only

Who is waiting where, and the minute that shifts the balance of power (captures 2 and 4)

At 4:47 pm, price is at 7,604.25, wedged between a 150-lot sell wall at 7,610 and buyers a little larger than average at 7,600. The gamma map tells you how price will behave at each level; the book tells you who is waiting for it at each price, and who is aggressing. Buyers have a slight edge in the book (+43 lots). One minute later, at 4:48:07 pm, aggressive buyers take over and push price to 7,607, but the book fills up on the sell side: the gap goes from +43 to −151. This lesson teaches you to read the DeepDom screen from left to right, then to compare two snapshots one minute apart.

Student access · free

The rest of this lesson is for students

Also in this lesson
  • The 4:47:06 pm capture
  • How to read the screen, from left to right
  • What you see at 4:47:06 pm
  • One minute later: 4:48:07 pm
  • What it says about the market

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→ The 7,610 break and an unconfirmed exhaustion signal (capture 5)