Live layer: per-strike volume, bubbles and levels as it trades

The Live layer shows the options market as it trades, not only from the daily report. The LIVE button sits next to “Alerts” on the control panel and opens a slide-out settings panel. The layer exists for indices (ES, NQ, YM), metals and energy (GC, SI, CL, BZ, NG) and crypto: BTC and ETH are drawn together with CME data, SOL and XRP — with the Live layer only.

What the layer draws

  • Per-strike histogram — call volume (orange) and put volume (blue) at the right edge.
  • Walls and POC — the top three strikes by call and by put volume and the day’s volume peak.
  • Premiums — strikes where the most premium traded (volume × contract price).
  • Expected move — lines around price from the ATM straddle of the nearest expiry.
  • Gamma — a profile by open interest: Gamma-Flip, gamma walls and the pin strike. An estimate: the dealer position sign is assumed.
  • Max Pain of the nearest expiry by open interest.
  • ★ Activity — the most traded strikes where the day’s volume is at least twice yesterday’s OI (new positions).
  • OI inflows and outflows with premium. The strike is a pale dotted line; “strike ± premium” is a bright solid line for an inflow and a dashed one for an outflow.
  • Volume bubbles — circles showing when and at which strike big volume bursts happened. Size is volume, orange is a call, blue is a put. Filters: number of bubbles, interval merge (5, 15 minutes, an hour), side, range from price (±1% or ±3%).

Modes

  • 0DTE — the nearest expiry (for indices, today’s).
  • Contract — the expiry of the contract selected in the panel.
  • Week — all expiries of the next seven days together.
  • Date — one chosen expiry; step through dates with the « » buttons.

In the info panel

A “Volume” block: calls and puts for the selected filter, P/C and the “usual” P/C range of recent days, plus the market volatility index and its one-year rank.

Crypto

For BTC and ETH the Live layer complements CME data. SOL and XRP have no CME data: the indicator works on the Live layer alone — histogram, walls, premiums, expected move, gamma, Max Pain and bubbles. On a thin market SOL and XRP may show few bubbles; far dates are visible in the “Contract” and “Date” modes.

Who gets it

A paid key and a trial on a real account. Free access and the lite version without a key do not include the Live layer. Free users get 7 days of full access (with the Live layer) for connecting Telegram.

This is a description of the market during the day, not a trading recommendation or a signal.

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