πŸ“ˆ Long-Term Trends
NAS Heuristic β€” expiries
Price + Flip Levels 🟦 Price β€’ 🟣 Ξ³Flip (magnet) β€’ 🟠 Ξ”Flip (bias)
Open Interest (Call vs Put) β€” All Expiries
Put/Call Ratio
Delta-Weighted Net Flow (Ξ” Γ— Volume) β€” All Expiries
Delta Flip vs Price
Gamma Exposure Trend β€” All Expiries
πŸ“‹ Daily Flip Level History (All Expiries)
Date Price Ξ³ Flip Ξ” Flip Above Ξ³? Above Ξ”? GEX Expiries Greeks
πŸ“ˆ Daily OI Change (Call vs Put)
πŸ“ˆ Daily Volume Change (Call vs Put)
πŸ“‰ Cumulative OI Change (from period start)
πŸ“‰ OI Change vs Price Change
πŸ“š How to Read OI + Price Changes
↑ Price + ↑ OI
🟒 Strong Bull (Long Build-Up)
New money entering on the long side. Smart money is opening fresh positions betting on higher prices. This is the strongest bullish signal β€” trend has conviction.
↓ Price + ↓ OI
πŸ”΄ Long Liquidation (Longs Exiting)
Longs closing positions. Falling OI means positions are being unwound, not new shorts being added. The decline may exhaust once longs finish exiting.
↓ Price + ↑ OI
πŸ”΄ Short Build-Up
New money entering on the short side. Fresh put positions or short calls being opened. This is the strongest bearish signal β€” active selling pressure with commitment.
↑ Price + ↓ OI
🟑 Short Covering (Weak Rally)
Shorts closing, not new longs entering. Price rises as sellers buy back positions. Rally may be temporary β€” watch for OI to start rising to confirm real buyers stepping in.
πŸ’‘ Volume Change Signals
↑ Call Volume Surge
Aggressive call buying β€” directional bullish bets or hedging short positions. Check if OI also rises (new positions) vs flat OI (day-trading).
↑ Put Volume Surge
Heavy put buying β€” downside protection or directional bearish bets. P/C ratio rising above 1.0 = fear. Watch for put volume spike at support β†’ potential reversal.
Volume Drying Up
Declining volume across both sides = indecision. Market waiting for a catalyst. Breakout from low-volume consolidation tends to be explosive.
Volume Shift (C→P or P→C)
Rotation from calls to puts (or vice versa) without total volume change = sentiment shift. Early warning of trend change before price confirms.