What is the HIRO Stocker Screener?

The stock screener shows options hedging activity for 400+ stocks, ETFs, and indices, displaying the HIRO signal gauge as well as price change and sector.

Within the Stock Screener tab, the HIRO Signal column features a sliding scale that represents the 30-day range of HIRO for a given stock or index.

1. The full width of the gauge represents the 30-day range of the HIRO signal.
2. The colored segment, ranging from red to green in color, represents the 5-day range of the HIRO signal.
3. The circle plots today’s HIRO signal vs. the last 30 day and 5 day range. The circle’s color represents today’s flow. 

Red indicates negative HIRO flow, where traders are selling calls and/or buying puts. A dark red open circle indicates the HIRO signal is near the low of the day.

Green indicates positive HIRO flow, where traders are buying calls and/or selling puts. A dark green open circle indicates the HIRO signal is near the high of the day.

Yellow indicates a neutral position, meaning HIRO flow is neither overly positive or negative for the day.

SpotGamma Alpha subscribers can exclusively access the SpotGamma HIRO Indicator inside the SpotGamma Dashboard here.

Additionally, here is a link to the SpotGamma HIRO User Guide.