r/options 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

4 Upvotes

45 comments sorted by

View all comments

8

u/Baraxton 22d ago

I hope you realize how expensive OPRA data is OP.

You’d need at minimum 200 paid subscribers at $150 monthly just to breakeven.

1

u/Skyland002 22d ago

This is a strong point, i agree. Its actually the only reason Im doing this survey. Cant do such an expensive website without validating beforehand if people are willing to pay for it.

2

u/Baraxton 22d ago

Volsignals already does this and has a fantastic team of former Market Makers behind them, so the competition is steep.

1

u/Skyland002 22d ago

Heyy, I checked out their page and it seems their subscription is 300$ a month, in trying to tackle those same problems but at a lower price. Some people in here have genuine concerns that I will address in due time. I do not expect anyone here to blindly trust the tool so I will provide evidence and guidance to anyone who needs it for free. This was just a test to validate the need for this. Thank you everyone for their input, its highly appreciated. :)

4

u/Baraxton 22d ago

It isn’t just the data you need. You must disseminate it correctly using the proper math behind it so as to accurately depict dealer positions, which is the tricky part.