The Problem with Forex Factory and How to Trade Risk Events

Announcing the Launch of the Financial Source GEX Engine

Get Dealer Gamma Exposure
And Trade With Forced Buyers & Sellers

See how the engine works

~45%

of SPX options volume is now 0DTE

Why GEX Gives You an Edge

Zero-day options—contracts that expire at the end of the same trading day—have exploded in popularity and now account for roughly 45% of SPX options volume. Because there is almost no time left to expiry, their gamma can change sharply as the index moves.

Dealers who take the other side of those trades do not want a directional bet. They continuously buy or sell ES and NQ futures to keep their exposure hedged. That creates a stream of mechanical market-maker flow around the strikes where options positioning is concentrated.

The opportunity is not to predict every move. It is to map where that forced buying and selling may appear, understand whether dealers are more likely to stabilise or amplify price, and use those levels as context for trading alongside the flow rather than blindly against it.

See How the Product Works

Follow the same sequence you will use before and during the session: identify the regime, map dealer positioning, watch price at those levels, and move to the execution view.

01

Market Regime & Zero Gamma Line

Start with the question that shapes the whole session: what kind of market are you trading? See where ES or NQ sits relative to the Zero Gamma Line, read the current gamma and volatility regime, and compare price with the expected-move budget before looking for a setup.

Read the transcript: Market Regime & Zero Gamma Line

02

GEX Profile & Gamma Flip

Turn a dense options chain into a visual map of dealer positioning by strike. The profile separates established open-interest gamma from today’s live volume gamma, highlights structural and intraday flip lines, and makes high-friction “skyscrapers” and low-friction air gaps easy to spot.

Read the transcript: GEX Profile & Gamma Flip

03

Price Chart

Put the dealer map directly onto the active ES or NQ futures chart. Toggle the Zero Gamma Line, Call and Put Walls, Max Pain, expected move, charm, and live-flow levels to see how price is actually reacting—without manually converting cash-index levels into futures prices.

Read the transcript: Price Chart

04

Strategic Levels

Find the Strategic Levels section and use the built-in learning links to jump straight to the relevant mini-course explanations. It gives you a faster route from seeing a level in the Engine to understanding what it means.

Read the transcript: Strategic Levels

What Makes the Financial Source GEX Different?

Three complementary data lenses turn raw positioning into a clearer map of where dealer flow may matter.

01

CBOE Options Data

Listed index-options open interest and volume provide the transparent foundation across strikes and expirations.

02

Dealer-Derived Flow

Gamma calculations translate options positioning into estimated hedging pressure, regime changes, and flip levels.

03

Dark-Pool Context

Off-exchange positioning adds another view of levels that may matter beyond the visible options chain.

Included with the Engine

Bonus: Get the Mini-Course to Understand How Gamma Levels Can Give You an Edge

You do not have to open the application and decode every level alone. The included course starts with why dealers hedge, explains positive and negative gamma, walks through every screen and level, and finishes with practical worked examples and a 30-second pre-open checklist.

Work through it from the beginning if GEX is new to you, then return to individual lessons as an on-demand reference whenever you need a deeper explanation.

Read the transcript: Complete Mini-Course for GEX Trading

Launch access / limited price window

Get the Financial Source GEX Engine

Get launch access for $29/month. This will go up to $99/month on September 1.

LAUNCH PRICE

$29/ month

REGULAR PRICE

$99/ month

Checkout links are being prepared.

Dedicated $29 launch and $99 standard GEX Stripe checkout links have not been supplied yet. Purchase access will open here once both links are verified.

THE $29 LAUNCH PRICE ENDS IN

00DAYS
00HRS
00MIN
00SEC

Deadline: September 1, 2026 at 12:00 AM America/New_York.

Trading futures and options involves substantial risk and is not suitable for every investor. The GEX Engine provides analytical market structure and education, not investment advice or a promise of performance.

    GEX Engine for ES & NQ Traders | Financial Source