NakedDelta.com
Industry Gamma (5 vs 250 days)
Visual Positioning Charts for
Option Trades
NakedDelta's daily analysis of the option open interest (OI) offers unique insight into short-term positioning of the option chain, as well as longer-term changes that may affect short-term price movements. These daily positional changes are the strongest indicator of short-term sentiment to be found. Longer-term positioning tells us how the majority of participants are positioned in an optionable security. The positional OI changes are also considered in respect of the Dark Pool Interest (DPI), recent activity. A change of positioning is nearly always supported by DPI as dealers lay off option risk in dark pool markets (OTC/Over The Counter). NakedDelta's visual graphics display of data, which we analyse for trends and changes, not when or how the data should be used to make investment decisions, (see our disclaimer).
Our Approach
Our approach is to keep things simple. We look for the primary alpha offered in option data, through the analysis of OI and its delta, it is very different to chasing alpha in the four other option Greeks; Gamma, Vega, Theta and Rho. These Greeks make up the behaviour of OI, they aren't leading indicators on their own of market sentiment. If you are going to trade options you do need to know what all these Greeks are and how they will affect a contract's performance, that's not what NakedDelta offers, we just offer market sentiment analysis via OI, and we think it's the best Alpha available. You can see it with your own eyes, then you become empowered to read the market like a predictive poll.
Changes in OI and its delta are great predictive indicators, as it directly shows us the footprints of traders' sentiment voting with their feet.
Why we exist
NakedDelta is designed to help option traders effectively follow the market by improving their understanding by:
- What changes in Open Interest OI and DPI suggest, based on their delta and the number of days until expiry (DTE)
- Using IV30 to see into market liquidity
- More broadly how technical analysis adds to our summation
- How macroeconomic data supports NakedDelta's data not the reverse, as often changes in OI are leading the macroeconomic data drop, this suggests all sorts of tomfoolery
NakedDelta data offers very strong indicators that may or may not support your confirmation bias. You must learn to be single minded in its interpretation, because it is quite unbelievable at times.
Our subscriptions:
NakedDelta has undergone a lot of data and visualisation improvements,
because of that we are currently redesigning the subscriptions to our product.
If you wish to express interest in purchasing a subscription at the current time
(before it is released to the public), please contact us via our X (Twitter) @naked_delta.
Thank you for your interest and support!
NakedDelta Essential
$10
per month
Save Time and Effort Every Day as we do the analysis.
Our nightly updates cover five key markets, both long-term OI positioning and short-term inter-day changes. Utilising NDM (NakedDelta Matrix), we analyse for you; OI interest, IV, and short sales (DPI). With years of experience in monthly trends of gamma (GEX), vanna, and charm, our team offers the expertise you need to stay ahead. Join us for reliable and insightful market analysis.
The EOD update includes (this may vary with market changes):
Our nightly updates cover five key markets, both long-term OI positioning and short-term inter-day changes. Utilising NDM (NakedDelta Matrix), we analyse for you; OI interest, IV, and short sales (DPI). With years of experience in monthly trends of gamma (GEX), vanna, and charm, our team offers the expertise you need to stay ahead. Join us for reliable and insightful market analysis.
The EOD update includes (this may vary with market changes):
- SPX, NAS100, Russell2000 Big tech, QQQ and SPY
- Precious metals and bonds
- Copper
- Crypto miners and shortable/optionable BTC ETFs
- Selection well traded big market cap stocks including AAPL, META, TSLA, NVDA, MSFT, AMZN, GOOG/Ls
30 day free trial with credit card, cancel at anytime.
NakedDelta DIY
$49
per month
Offers all of the features of NakedDelta Essential, plus:
Learn to read our data yourself, with easy to follow video directed learning.
This subscription is great for the swing trader and investor, with the inclusion of up to 500 days of linear matrix indicators data for you to gain a broader look at the market.
Research features in treemaps, intraday and interday, securities, ETFs and industries
Daily discord, plus Q&A aftermarket
Learn to read our data yourself, with easy to follow video directed learning.
This subscription is great for the swing trader and investor, with the inclusion of up to 500 days of linear matrix indicators data for you to gain a broader look at the market.
Research features in treemaps, intraday and interday, securities, ETFs and industries
Daily discord, plus Q&A aftermarket
NakedDelta DIY Pro
$399
per month
Offers all of the features of NakedDelta Essential and NakedDelta DIY, plus:
Learn to read our data NDM30 yourself, with easy to follow video directed learning.
This subscription is great for the swing trader and investor, with the inclusion of up to 500 days of linear matrix indicators data for you to gain a broader look at the market.
Research features in treemaps, intraday and interday, securities, ETFs and industries
Daily discord, plus Q&A aftermarket
Learn to read our data NDM30 yourself, with easy to follow video directed learning.
This subscription is great for the swing trader and investor, with the inclusion of up to 500 days of linear matrix indicators data for you to gain a broader look at the market.
Research features in treemaps, intraday and interday, securities, ETFs and industries
Daily discord, plus Q&A aftermarket
