Options market structure

The structure beneath the price.

Dealer gamma exposure across every strike and expiration, updated through the session. See where the options market is positioned, and how that positioning shifts as price moves.

Custom workspace — synced GEX widgets and price chart in replay
  • Dealer gamma Every strike × expiration
  • Options flow · terminal Tape, scanner, unusual activity
  • Off-exchange Prints, zones, breadth
  • Index data · terminal SPX · NDX · VIX
  • Coverage US equities & ETFs

Why it matters

Positioning is never static

Every time price crosses a strike, dealer exposure re-weights. ITMatrixHQ recomputes the full map as the session unfolds, so you read the market as it stands now, not as it closed.

The terminal

Every angle of one market

01GEX Matrix

Exposure, strike by strike

Dealer gamma for every strike across the next several expirations, colored by sign and magnitude. Replay the session or open any past day and watch positioning build.

  • Heat or profile, shares or dollars
  • Walls, control node, flip
  • Alerts on any cell
GEX grid — dealer gamma heatmap across strikes and expirations

02Surface

The topology of exposure

Strike and expiration as one surface. See where exposure concentrates, where it inverts, and how the shape changes as flows reach the book.

  • Gamma exposure or implied vol
  • By strike, moneyness or delta
  • Replays with the session
3D gamma surface across strike and expiration

03Charts

Price, in context

Candles drawn over the GEX heatmap and key levels, so every move reads against the positioning beneath it. Replay any session bar by bar.

  • GEX pillars and key levels
  • Off-exchange zones on price
  • Studies, drawings, saved layouts
Price chart with GEX heatmap and key-level overlays

04Workspace

One workspace, in lockstep

Grid, profile and chart linked to one symbol and one clock. Arrange them your way, then replay any day with every panel moving together.

  • Widgets linked by color group
  • Saved workspaces and tabs
  • Popouts and multi-window
Custom workspace — synced GEX widgets and price chart in replay

Capabilities

Depth beyond gamma

Volatility, the options tape, off-exchange structure and your own trade record, in one terminal on one clock.

  • Volatility API

    Implied vol from our own engine: the full surface by strike, moneyness or delta, skew and term slices, and the ATM term structure.

  • Off-exchange API

    Large prints with their evidence, persistent zones drawn on the chart, and a market-wide scanner with breadth.

  • Options Lab

    The options tape for the market, a watchlist or one symbol, a scanner that ranks contracts, and each contract charted with its greeks.

  • Unusual activity

    Eleven detectors score each event, from sweeps and blocks to 0DTE bursts, each with its prints.

  • 0DTE

    Same-day expiries read on their own: the 0DTE column on the grid and 0DTE bursts in the flow.

  • Intraday replay

    Scrub any past session. Matrix, surface, charts and off-exchange move on one clock.

  • Journal & watchlists API

    Log trades or import a broker statement, then review them by day, ticker and session.

  • Fundamentals API

    Statements, balance sheet, short interest and distributions on the stock page.

  • News Soon

    A per-symbol digest on the dashboard and stock page; the full view with a market brief is next.

Also available through the ITMatrixHQ REST API. Shipping to the terminal next.

Developers

Build on the same numbers

The analytics behind the terminal over plain REST and JSON: dealer GEX by strike, options analytics and implied volatility, off-exchange activity, prices and fundamentals.

One key
Bearer auth. Create and revoke keys in Settings → API Suite.
One base URL
Everything lives under /v2, JSON by default.
Official SDKs
Python (itmatrix) and TypeScript (@itmatrixhq/core), with typed models.
Two ways in
API Explorer is included with Pro. API Pro is its own plan.
Coming soon
  • Streaming WebSocket
  • More languages

Index data (SPX, NDX, VIX), news and social feeds, and the options flow tape stay in the terminal. API access is for non-professional use.

Request language
curl -H "Authorization: Bearer $ITM_API_KEY" \
  https://api.itmatrixhq.com/v2/gex/SPY/grid

pip install itmatrix Official SDK

import os
import itmatrix as itm

with itm.ITMClient(api_key=os.environ["ITM_API_KEY"]) as client:
    grid = client.get_gex("SPY", top=10).data
    print(grid.net_gex, grid.flip_point)
    for row in grid.strikes:
        print(row.strike, row.gex)

npm install @itmatrixhq/core Official SDK

import { ITMClient } from "@itmatrixhq/core";

const client = new ITMClient({ apiKey: process.env.ITM_API_KEY });
const { data: grid } = await client.getGex("SPY", { top: 10 });
console.log(grid.net_gex, grid.flip_point);
200 Example response trimmed · values illustrative
{
  "data": {
    "spot": 764.18,
    "prior_close_spot": 761.85,
    "captured_at": 1790366100000,
    "net_gex": 1250000000,
    "flip_point": 757.5,
    "max_abs_gex": 186000000,
    "strikes": [
      …
      {
        "strike": 765000,
        "gex": 118000000,
        "call_oi": 94520,
        "put_oi": 40115
      },
      {
        "strike": 770000,
        "gex": 186000000,
        "call_oi": 128400,
        "put_oi": 22760
      },
      …
    ]
  },
  "meta": { "date": "2026-09-25", … }
}

Plans

Pricing

Start free. Scale to charting, the full terminal or the API as your workflow demands.

  • Charts

    The standalone charting app, with the GEX overlay built in.

    $29.99/mo

    billed monthly

    Choose Charts
    • Full charting app at charts.itmatrixhq.com
    • Real-time data
    • GEX overlay on every chart
    • All available tickers
    • All historical data
  • Basic

    The full view, in fixed single-page views.

    $89.99/mo

    billed monthly

    Choose Basic
    • GEX Matrix, Profile and 3D Surface
    • Key Levels Dashboard
    • All available tickers
    • Watchlist + Ticker Research Hub
    • Charts access + Matrix overlay
    • Live updates

    Also All historical data · Discord community access · Market-hours tech support

  • API

    API Pro — the full REST API, with or without a web plan.

    $119.99/mo

    billed monthly

    Choose API
    • REST + JSON — one key, one base URL
    • GEX by strike, live or point-in-time
    • Options analytics, IV term & surface
    • Off-exchange, fundamentals & price bars
    • All available tickers (equities & ETFs)
    • Python & TypeScript SDKs, OpenAPI spec

    Also Key management in Settings → API Suite

    Coming soon Streaming · More SDK languages

Free $0

One 9am GEX snapshot a day, low-frequency charts, and the charting app on a 15-minute delay, for a limited set of symbols.

Start free
Compare every feature

Prices in USD. Charts is billed monthly only. API access is for non-professional use and needs the one-time market-data attestation.

Every feature

Compare plans

Every capability, plan by plan: how much of the terminal each one opens, and how often its data updates.

Show tier
ITMatrixHQ capabilities by plan
CapabilityFree $0 Start freeCharts $29.99/mo Choose ChartsBasic $89.99/mo Choose BasicPro $149.99/mo Choose Pro
In shortOne 9am snapshot daily — GEX view + low-frequency charts.The standalone charting app, GEX overlay included.The full views as fixed single-page apps.The full modular terminal + API Explorer.
Analytics & views
GEX grid, surface & dashboardGEX view only Not included Included Included
Watchlist, chain & fundamentals Not included Not included Included Included
Symbol coverage~10 symbolsFull universeFull universeFull universe
Data cadenceDaily 9am snapshotReal-time chartsIntraday updatesLive streaming
Intraday session replay Not included Not included Included Included
Color-blind GEX palettes & themes Included Included Included Included
Charting
Charts in-app / low-frequencyLow-frequency Included Included Included
charts.itmatrixhq.com (full charting app)15-min delayed Included Included Included
GEX overlay on charts Not included Included Included Included
Advanced indicators, drawings & multi-pane Not included Included Included Included
Workspace & modularity
Fixed single-page viewsGEX + charts Not included Included Included
Multi-panel split views Not included Not included Included Included
Free-form workspace canvas Not included Not included Not included Included
Add / resize / link widgets Not included Not included Not included Included
Saved custom layouts Not included Not included Not included Included
Popouts & multi-window Not included Not included Not included Included
Account & data access
Watchlist management & journal Not included Not included Included Included
API keys — REST (streaming coming soon) Not included Not included Not included Included
API Explorer usage & key management Not included Not included Not included Included

API Pro is sold on its own, with or without a web plan. See the API plan

FAQ

Questions, answered

The essentials up front.

See all FAQs
  • What is ITMatrixHQ?

    ITMatrixHQ is an options market-structure terminal. It visualizes gamma exposure (GEX) across strikes and expirations, streams live charts and option chains, and lets you build a custom workspace of linked widgets — all in one screen, updating through the trading session.

  • What is GEX and why does it matter?

    GEX, or gamma exposure, estimates how options dealers must hedge as price moves. When dealers are long gamma their hedging dampens volatility and can pin price; when they are short gamma it amplifies moves. Reading that structure helps you understand whether the tape is likely to be sticky or slippery. See our Learn section for a full primer.

  • What is the difference between the plans?

    Charts is the standalone charting app on its own — $29.99 a month, billed monthly, with the GEX overlay included; free accounts can use it on a 15-minute delay. Basic gives you the full set of views as fixed single-page layouts, and includes the charts product. Pro unlocks the modular workspace canvas — add, resize, link and save your own widget layouts — along with streaming data, index data (SPX, NDX, VIX) and the API Explorer. The API plan (API Pro) is the full API on its own, with or without a web plan.

  • Is there an API?

    Yes. The ITMatrixHQ API is plain REST and JSON — one key, one base URL, and the same numbers the terminal shows: GEX by strike, options analytics and implied volatility, off-exchange activity, prices, fundamentals, and your own journal and watchlists. API Explorer is included with Pro; API Pro is its own plan. Official SDKs for Python (itmatrix) and TypeScript (@itmatrixhq/core) wrap it in typed models, with more languages coming soon. Live streaming is coming soon. Index data, news and social feeds, and the options flow tape stay in the terminal. API access is for non-professional use only.

  • How often does the data update?

    On Pro, live data streams into the terminal through the session and the GEX grid refreshes on a short cadence. Free access shows a single daily snapshot, taken at 9am, of the GEX view plus low-frequency charts, for a limited set of symbols; free accounts can also use the charting app on a 15-minute delay. Exact refresh rates depend on your plan.

See the structure