SpotGamma Scanners are split into four categories:

1. Proprietary Scanners
2. Bullish Scanners
3. Bearish Scanners
4. Variable Scanners

Proprietary Scanners

These scanners are designed to help you identify new trading ideas based on SpotGamma's Proprietary Models.

Volatility Risk Premium - The Volatility Risk Premium scanner highlights names that have unusually expensive options, indicating potential opportunities to sell premium.

Squeeze - The Squeeze scanner highlights stocks that have potential for an explosive upside move based on short interest, gamma levels, options volume, and a proprietary SpotGamma formula.

Bullish Scanners

Defined by stocks which have a greater likelihood of increasing in price. 

Most Call Gamma - Call gamma can drive stocks higher. Watch for downside pressure following large call options.

Lowest Put/Call Ratio - Low put/call ratios can drive stocks higher. Watch for upside pressure following large put options expiration.

Gamma Squeeze - SpotGamma curates this list of stocks which may squeeze higher.

Bullish Dark Pool Readings - Statistics show that a DPI reading over 60 is correlated to a positive stock return over the following 60-day period

Bearish Scanners

Defined by stocks which have a downside potential which, based on our options data, are positioned to decrease in price.

Most Put Gamma - Put gamma can drive stocks lower. Watch for upside pressure following large put options expirations.

Highest Put/Call Ratio - High put/call ratios can drive stocks lower. Watch for upside reversals following large put options expirations.

Bearish Dark Pool Readings - Statistics show that a DPI reading under 30 is correlated to a negative stock return over the following 60-day period.

Variable Scanners

Display indicators that can play different roles depending on how close or far the level is to the current price and the option’s strike price. The definitions within each variable indicator provide the ideal scenario for using a given indicator.

1% Margin of Hedge Wall - Stocks may find options based support or resistance at this level, which could be a basis for a variety of different trades.

Top Gamma % Expiring this Friday - This level can act as a magnet, if a large position (x >=30% of gamma expiring). This magnet can release following expiration.

Top Delta % Expiring this Friday - This filter can indicate stocks which may reverse direction following upcoming options expirations (x > 30% of delta expiring).

Largest Delta Positions - Similar to Top Delta %, the largest delta positions could continue to drive stocks in one direction and reverse following a large options expiration.

1% Margin of Key Delta Strike - Stocks which are nearing a critical hedging level for dealers. This level could indicate a point of stock price acceleration or pinning.

High Impact - SpotGamma calculations indicate these stocks have options activity which is driving the price and therefore respect our levels.

SpotGamma Pro and SpotGamma Alpha subscribers can access Scanners here.