When viewing the chart for a single stock, you can toggle to view the delta hedging pressure of an individual stock broken out by Puts and Calls separately. Puts vs. Calls View allows traders to isolate the impact of puts vs. calls within HIRO.
All Trades Filter
This filter captures all projected impact of all options trades within the US options complex for a given security or index. This filter does use SpotGamma proprietary logic to filter out some trades that we consider hedged and therefore do not drive the underlying security.
Next Expiry Filter
The Next Expiry Filter in Puts vs. Calls View allows traders to isolate the impact of puts vs. calls specifically for options that expire the same day (0DTE) or within a few days.
Retail Only Filter
The Retail-Only Filter in Puts vs. Calls View allows traders to isolate the impact of puts vs. calls specifically for trades that are likely retail-driven.
To Switch from Total Options View to Puts vs. Calls:
- Click the HIRO Settings icon
- Toggle from Total to Put/Call
- Click Update
Pro Tip: The Puts vs. Calls View displays the direct impact of each type of option on the market. Call buying and put buying can reflect higher speculation and imply a higher likelihood of a larger price move than call selling or put selling.