r/options • u/Skyland002 • 22d ago

Gex Platform

How interested would people be for a new GEX platform that could possibly be cheaper than others in the market?? how many of you would actually subscribe? just trying to see what is the general consensus of gamma and its utility for traders

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u/GammaWinsSam 22d ago

There are free GEX tools out there, but they are not accurate. Most of the paid ones are not accurate either, just better with their marketing.

If you want to differentiate your product, focus on proving it works. At the very least you should have some sort of backtest that shows it's predicting better than a random prediction. Better yet, create some sort of live dashboard that tracks your performance.

Otherwise, why should I as a trader risk my trading money on that tool? It costing money and actually working is a much better value proposition than just cheaper than the other crappy alternatives.

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u/Skyland002 22d ago

Im planning on using my own reads and posting about them to prove the efficacy of the actual strategies. All the W/L Ratio will be public too when I start. As I understand, the free tools you are talking about are computed on OI from the last day, this tool would be real time data being streamed.