What does the "Retail" filter indicate? When viewing the chart for a single stock, you can toggle on and off the "Retail" filter on both the Total and Put/Call chart. The Retail Filter allows you to see the retail-only Delta hedging pressure based on non-institutional trades. SpotGamma uses some proprietary logic to identify and reveal which trades are likely retail-driven. SpotGamma Alpha subscribers can access the SpotGamma HIRO Indicator here. Related articles What does the "Next Expiry" filter indicate? What does the "All Trades" filter indicate? How do I adjust the timeframe shown on the HIRO Chart? HIRO Indicator Trading Checklist How can I use the SpotGamma HIRO to help me trade?