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ConvexValue vs SpotGamma,side by side.

SpotGamma suits traders who trade around options hedging and want levels and written analysis: key levels for 3,500+ names, a daily Founder’s Note and, on its Alpha plan, the HIRO and TRACE indicators. ConvexValue suits traders who want the options data itself, live in one desktop workspace: every option trade, flow scanners and volatility modules for 5,000+ stocks, with hedging views for SPX only.

Side by side

The same ten rowsfor both products.

PriceConvexValue$99.99/month, cancel any time. Or $949 a year. One membership, every module included.SpotGammaEssential at $99 a month, or $891 billed annually; Alpha at $299 a month, or $2,691 billed annually; Institutional from $1,999 a month.[1]
PlatformConvexValueA desktop app for macOS, Windows and Linux. Any single module also opens in a browser. No mobile app.SpotGammaThe SpotGamma Dashboard, with a login at dashboard.spotgamma.com. Its key levels also integrate with trading platforms such as TradingView, ThinkorSwim, NinjaTrader and Sierra Chart.[2]
Live dataConvexValueLive in the Terminal: every OPRA option trade, classified by aggressor side, for 5,000+ stocks.SpotGammaTape’s flow and contract data update in real time during market hours. HIRO, on the Alpha plan, updates in real time through the trading day.[3][4]
What is freeConvexValueTwo kinds of public page: the daily end-of-day lists of call and put buying at /hot-stocks, and a history page for each listed or most-traded stock at /stock.SpotGammaFree tools on its site: an SPX gamma exposure chart, an options profit calculator and an implied earnings moves chart. Its Opening Setup daily report is free for one week.[6]
Options flowConvexValueTime and sales of every option trade with its aggressor side (tas), a live stock scanner with 100+ options-based parameters (flow), intraday buying and selling as a chart (flowchart) and an options scanner (opt).SpotGammaTape, on every plan: live trade details for over 3,000 tickers, showing whether each trade was bought or sold, where it printed (bid, ask or mid) and flags for sweeps, blocks, crosses and multileg trades. FlowPatrol is a daily report on unusual flows.[1][3]
Volatility toolsConvexValueIV term structure with historical watermarks (terms), skew term structure (skew), parameters by expiration (olay), a fixed-strike volatility heatmap (grid) and implied probabilities (ip).SpotGammaThe Volatility Dashboard, on the Alpha plan: a fixed strike matrix, term structure, volatility skew and VIX term structure, for 3,500+ US stocks, ETFs and indices.[1][5]
SPX hedging and exposureConvexValueHedging views for SPX only: an intraday hedging map (map) and a 30-day surface of estimated dealer delta and gamma (dx). For other symbols, option levels by strike: open interest, gamma, vanna and charm (stks).SpotGammaEquity Hub, on every plan: options-based support and resistance levels for 3,500+ US stocks, indices and ETFs. On the Alpha plan, TRACE (an S&P 500 heatmap of gamma, delta pressure and charm pressure) and HIRO (the estimated hedging impact of options trades, for indices, ETFs and 500+ stocks).[1][4]
DashboardsConvexValueSplit the window into panes, one module per pane, each set by a typed command or its control panel. Keep each dashboard in a tab; save and share workspaces.SpotGammaNot published. Its pages describe separate tools, and a personal watchlist in Equity Hub.[1]
AlertsConvexValueNo alerts.SpotGamma“Real-time alerts” are listed for the Institutional plan. None are listed for Essential or Alpha.[1]
APIConvexValueThe docs describe a scaffold tool for building your own app on ConvexValue data, and no separate data API.SpotGammaNot published.[1]

A number in brackets leads to the source of a statement, in the list below.

Which one fits

Two different tools.Pick by how you work.

Where SpotGamma is the better fit

  • You trade around options hedging in single stocks as well as the index: Equity Hub gives levels for 3,500+ US stocks, indices and ETFs, where ConvexValue’s hedging views are for SPX only.[1]
  • You want one indicator of hedging pressure during the day: HIRO, on the Alpha plan, covers indices, ETFs and 500+ stocks.[4]
  • You want written analysis with the tools: the Founder’s Note comes before the open and after the close every trading day, and there are live weekly webinars.[1]
  • You want the levels on the charts you already use: its key levels integrate with TradingView, ThinkorSwim, NinjaTrader and other platforms.[2]
  • You want something free to start from: an SPX gamma exposure chart, an options profit calculator and an implied earnings moves chart.[6]

Where ConvexValue is the better fit

  • You want the trades behind the levels: time and sales shows every option trade with its aggressor side, and the flow scanner ranks 5,000+ stocks by 100+ options-based parameters.
  • You want volatility tools without a higher plan: term structure, skew, the fixed-strike grid and implied probabilities are in the one $99.99 membership, where SpotGamma lists its Volatility Dashboard on the $299 Alpha plan.[1]
  • You build your own screen: the Terminal is a desktop app where modules sit side by side in split panes, each set by a command, and a dashboard is kept in a tab.

Free to look at

See the data first.No account needed.

Two kinds of page on this site are public. The daily lists show where call and put buying was high at the end of the day, compared with each stock’s own recent normal. Each stock that has been on a list has a page with its history.

The daily listsNVDA, day by day

Sources

Where this comes from,and when we looked.

  1. [1]SpotGamma: Plans & Pricing. spotgamma.com/subscribe-to-spotgamma. Checked .
  2. [2]SpotGamma: home page and its FAQ. spotgamma.com. Checked .
  3. [3]SpotGamma: Tape. spotgamma.com/tape-lp. Checked .
  4. [4]SpotGamma: HIRO Indicator. spotgamma.com/hiro-indicator. Checked .
  5. [5]SpotGamma: Volatility Dashboard. spotgamma.com/volatility-dashboard-lp. Checked .
  6. [6]SpotGamma: Free Tools. spotgamma.com/free-tools. Checked .

Prices and features checked on ; tell us if something changed.

SpotGamma is a trademark of its owner. ConvexValue is not affiliated with SpotGamma, and it has not reviewed this page.

The Terminal

The ConvexValue Terminal.Every module included.

Live options analytics in dashboards you build, for 5,000+ stocks.

$99.99/month

Get the Terminal

Cancel any time. Or $949 a year.