After choosing a specific stock or index, our interface defaults to our Composite View chart. This view displays how fast gamma is changing in general. The quicker this change is happening, the higher the reading will be on the y-axis, the SpotGamma (SG) Momentum Indicator. The higher the SG Momentum Indicator, the more volatility we expect in the name. 

The second piece that's important here are the colors. In terms of the green and red areas, the green areas represent when calls are driving the stock and the red areas represent where puts are in control of the stock.

If you want to see if options volume is significant for a particular stock, you will note this by seeing a darker shaded color.

Additionally, the graph is outlined with a thin blue line. Darker blue in color means there was a large amount of options activity that happened yesterday. On the other hand, you’ll often see stocks that hold a large options position, but they aren’t actively traded, and for those stocks, you’ll see a faint blue line.

Here's a video that will walk you through how to optimize Equity Hub™ by using the Composite View.

SpotGamma Pro and SpotGamma Alpha subscribers can access Equity Hub™ here.