TOOLS — REGIME ANALYSIS
The Regime Classifier identifies the current structural environment based on where price is trading relative to key gamma levels. Each of the seven regimes describes a different relationship between price, dealer positioning, and estimated hedging behavior.
COMPRESSION — Price near the gamma flip. Dealers close to neutral. Moves tend to be contained within a range. The default center state.
TRENDING LONG — Price above the flip with moderate positive GEX. Structure leans bullish but is not extreme.
TRENDING SHORT — Price below the flip with moderate positioning. Structure leans bearish.
NEGATIVE GAMMA — Total GEX is negative and price is away from the flip. Dealer hedging amplifies moves. Historically associated with wider intraday ranges.
ESCAPE VELOCITY — Price approaching or pressing against the call wall. If breached, structural resistance above diminishes. Historically associated with breakout conditions.
CASCADE RISK — GEX is negative near the flip level. Negative gamma plus proximity to the structural inflection — historically associated with sharp, fast moves.
PINNED — Price near the put wall. Dealer buying at this level provides estimated support. Historically associated with price stalling or bouncing.
The classifier uses hysteresis — a delay buffer — to prevent flickering between regimes on minor price oscillations. A regime change must be sustained for multiple compute cycles before the label updates. This means the displayed regime may slightly lag real-time conditions, but it avoids the noise of constant switching.
Gamma Sonar recomputes GEX from live greeks every 60 seconds on SPX, SPY, QQQ, and major indices — plus 90+ additional tickers on 5-minute cycles.
START 7-DAY FREE TRIAL →Gamma Sonar provides structural analytics for educational purposes only. Not financial advice. All models involve assumptions. Past patterns do not guarantee future results.