Option Chain Analysis: GEX, Volatility, and Per-Symbol Depth in One Surface
One route (`/app/option-chain-analysis`) combines GEX universe ranking, cross-sectional IV columns, and a symbol drawer—using a unified `rank` + `drawerTab` URL contract. GEX inspection includes OI Time Machine (`oi-timeline`); vol sorts open a vol-rank drawer (Overview, Term structure, Earnings).
Option Chain Analysis in TradingFlow is the unified discovery app where dealer gamma structure and implied-volatility context share one ranked universe. You get a snapshot-first GEX screener, best-effort live spot enrichment for context, and cross-sectional vol columns and sorts on the same grid—no separate “vol app” URL. A symbol drawer carries you from summary levels through surfaces, option-chain style columns, and per-symbol OI history.
Ranked universe table (cropped):
Symbol drawer (GEX ladder, surfaces, OI Time Machine, etc.—opened from a row):
What Option Chain Analysis does
The heavy lifting uses a cached market snapshot (T+1 style) for the GEX universe: thousands of symbols stay fast because core rankings and columns come from a precomputed layer, not a full recompute on every load. The UI is honest about snapshot timing; where rows show live spot quotes, that is best-effort context for distances and display—it does not replace the underlying snapshot gamma math.
- Rank the universe by GEX / structure sorts—such as market cap, gross or net gamma, distance to the zero-gamma / flip level, and squeeze-style views—or by vol sorts (IV rank, IV percentile) on the same page.
- Read one table that joins GEX columns with IV30 and 1y IV rank / IV percentile (cross-sectional “how rich or cheap is vol” next to “how are dealers positioned”).
- Filter by underlying type (stock, ETF, index) where the product exposes it, alongside the active list sort.
- Open any symbol in a drawer: inspection stays coherent per symbol, with the tab set below depending on how you are sorting the list.
Filters dialog (underlying type, gross GEX bounds, gamma regime—you apply these before the ranked universe refreshes):
Links and state (shareable URLs)
Stable deep links on /app/option-chain-analysis use a single search contract—no mode switch in the long run:
rank— list sort, either a GEX/structure mode (e.g. market cap, gross/net gamma, flip distance, squeeze) or a vol mode (iv_rank,iv_percentile).selectedSymbol— which symbol the drawer is open on, when you share or bookmark.drawerTab— the active tab inside the drawer (GEX inspection vs vol-rank tabs; see below).underlyingType— optional filter (STOCK, ETF, INDEX) when applicable.
Legacy vol links from older releases (?mode=vol, volRank, volDrawerTab) are rewritten in the app to the same unified rank + drawerTab shape—you are still on Option Chain Analysis, not a second product.
One grid for structure and vol
Cross-sectional volatility is columns and sort keys on the main Option Chain Analysis table, not a separate “vol only” screen. If you want the names with the highest IV rank, you change the list sort to a vol rank—still on /app/option-chain-analysis. Discovery stays in one place: you change how the universe is ordered, not which route you are on.
Deeper single-symbol vol analytics inside the drawer continue to roll out; the grid already answers “where is IV rich or cheap cross-sectionally?” in line with the shipped columns.
Same ranked universe with GEX and vol columns on one grid:
Symbol drawer: GEX inspection vs vol-rank
Behavior depends on the active list sort (rank).
When rank is a GEX / structure sort (default)
The GEX symbol drawer includes tabs such as summary, strike ladder, OI and chain views, gamma and IV expiry surfaces, vol context, skew, and a broker-style option chain table—one inspection payload per symbol, as the product defines it.
OI Time Machine (per symbol)
For historical open interest on the selected symbol, use the OI Time Machine tab. In URL state it appears as drawerTab=oi-timeline, if you are sharing a deep link.
Retired: A standalone cross-symbol OI rank list and the old mode=oi entry are not in the product. There is no supported /app/oi-change-rank app route. Do not expect a separate “OI change rank” URL; per-symbol OI history lives in this drawer, on OI Time Machine / oi-timeline. The inspection sheet (GEX-rank context) is where those tabs—including OI Time Machine—live once you open a row; see the symbol drawer figure at the top of this article.
When rank is a vol sort (iv_rank, iv_percentile)
The app opens the vol-rank drawer for the selected symbol, with tabs such as Overview, Term structure, and Earnings—still on /app/option-chain-analysis, driven by the same rank + drawerTab state. Some of the deeper single-symbol vol experiences here remain scaffolded; expect the grid to be the most complete cross-sectional vol surface for now.
Access at a glance
- Browsing the table preview and opening the symbol drawer (including public inspection where shown) are part of the discovery surface for anonymous and signed-in users.
- Mutations that drive the full screener—changing rank, submitting symbol or filter changes that repopulate the full list, and similar—may be entitlement-gated. Deep links that include gated control params can fall back to preview list behavior while still allowing public drawer navigation (
selectedSymbol/drawerTab) where the product allows.
Exact gating can evolve—rely on in-app messaging for your account.
Legacy URLs and redirects
/app/gamma-exposure-screener→/app/option-chain-analysis(replace). Prefer linking/app/option-chain-analysisin docs and shares.- Old vol query styles (
mode=vol,volRank,volDrawerTab) normalize torank+ vol-styledrawerTabas described above; the address bar is meant to end up on the unified params, not a permanent parallel “vol page.”
Where to find it (with examples)
In TradingFlow, open Option Chain Analysis from the app nav or go to /app/option-chain-analysis.
Examples (illustrations only; behavior follows in-app rules):
- Vol-focused universe:
https://tradingflow.com/app/option-chain-analysis?rank=iv_rank - GEX + drawer + a GEX tab (paths vary by tab name): a link might combine
selectedSymbol=…,rank=grossor another GEXrank, and adrawerTabsuch assummaryoroi-timelinefor OI Time Machine.
Try a GEX sort for regime and wall context, then switch to IV rank or IV percentile to compare vol richness on the same universe, and open the drawer on any name that stands out.
For how the legacy Gamma Exposure Screener name maps to the same surface (redirect, unified rank / drawerTab), see Gamma Exposure Screener (legacy name)—kept as a lineage article, not a second live app URL.
Related Articles
Gamma Exposure Screener (legacy name) → Option Chain Analysis
The old Gamma Exposure Screener URL redirects to Option Chain Analysis. Same snapshot GEX universe, now with unified rank/drawer URLs and cross-sectional vol on one grid.
Ranked IV and vol context: shipped inside Option Chain Analysis
There is no separate Volatility Desk route. Cross-sectional IV rank, IV percentile, and vol-focused drawer tabs live on /app/option-chain-analysis with the same universe grid as GEX.
OI Change Rank (retired): where cross-symbol OI ranking went
The standalone OI Change Rank app and /app/oi-change-rank are removed from the product (2026). Per-symbol OI history now lives in Option Chain Analysis as OI Time Machine in the symbol drawer.