When large options trades take place, the SpotGamma HIRO Indicator enables you to see and consider the hedging impact in real time. This then provides two key value drivers for our subscribers. The first is each independent trade can relate to a significant immediate dealer hedging trade. The second is that our cumulative indicator provides insights into the trend for the day and can give a bearish or bullish signal with additional insights around volume.
Here are two examples of use cases of the HIRO Indicator: