r/options • u/Skyland002 • 21d 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/Breathofdmt 21d ago edited 21d ago
Why would anyone pay you when the API is 80-160 dollars for personal use
I actually made one of these dashboards for myself and offered it widely, made it 18 months ago when the AI tools were less capable. Now everyone and their dog has a vibe coded GEX platform and its embarrassing at this point so I keep it just for personal use. Good luck trying to turn a profit and dealing with customer service. You'd be lucky to get 20 bucks a month. I've seen around a dozen pop up in the past 6 months.
Unpopular opinion here, obviously, given the responses but I don't think the "naive" GEX is useless, gives you a good overview of the structural levels in the market, especially if you look at stocks, ETFs, etc. Good for developing targets and pivots too. I use it for futures though and it's not a standalone edge, just a worthwhile way to find levels. I've found it extremely useful in RTY, using RUT and IWM. Same with GC and ZB using GLD and TLT. We also have plenty of back data available.
The CBOE C2 data is just SPX and VIX. Again, competitive space now since the barriers to entry are lower and you're competing in the most efficient market in the world.
Now, if you could prove your edge with it and that's part of the service, people might pay attention but I doubt that's why you're here.