What's New in Option Alpha

Historical Gamma Exposure charting, new GEX decision recipes, and other requested updates

View historical 0DTE Gamma Exposure charts

Browse historical 0DTE GEX charts for SPX, QQQ, SPY, IWM, XSP, GLD and TLT back to January 2021. Charts from Nov 14, 2025 onward are captured at the top of every minute and include intraday volume by strike. Earlier charts are being created from our backtesting data which does not include intraday volume metrics.

You can access the historical GEX charts by clicking the calendar button in the top right of the normal GEX screen.

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Drill to historical GEX directly from positions

Positions in a historical GEX supported ticker have the ability to drill to the gamma exposure profile at the top of the minute they were opened or closed by clicking on the Price at Open/Close value.

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New decision recipe to check underlying price vs gamma exposure strikes

This new decision makes it easier to compare the underlying price vs a gamma exposure strike.

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New daily positions counter for bots

Track the number of positions a bot has opened in the current day with the option to reset the counter back to 0.

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New backtest entry filter for VIX change %

Check VIX intraday change as a percent and the bot decision recipe for testing VIX change now provides an option to select change and change %.

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Select position legs based on Opening Range mid price

We also added the option to check if the current price is above or below the ORB mid price.

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Additional updates worth mentioning...

  • New decision recipe to check the combined stats for multiple positions in a bot or account
  • Ability to specify position size based on risk or credit of existing position
  • Check Position values vs Opportunity values decision recipe
  • Decision to compare GEX summary values
  • Decision to compare GEX strike value vs another GEX strike value
  • New GEX value "total absolute gex"
  • "Open Positions" list now sorts positions within the same expiration more consistently by strike price
  • Ability to rename webhooks
  • Check position P/L, return % and return on risk trailing high/low values in position values decision recipe
  • Updated cancel/retry position logic for manual trading that prevents duplicate positions

Historical Gamma Exposure charting, new GEX decision recipes, and other requested updates

December 15, 2025
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