Everything we took apart in the previous lesson, our users see right on their own chart — no options board, no tables, no third-party services. The OptionsSuite pack is four indicators in the Options category: the open interest profile, the key levels, the expected move and the GEX profile. They go onto an ordinary futures chart — ES, NQ, CL, GC and other CME contracts — and draw the options picture directly on top of the price the user is already trading.
This lesson is a tour of the pack. For support it is the closest thing to daily practice: nearly every user question about the era-one options products lives here.
Where the data comes from
Before we look at the pictures — three facts about the source, out of which half of the frequent questions grow.
First: options data is delivered by only two connection providers — Interactive Brokers and Rithmic.
Second: the data arrives in real time, with no history. Once the indicator is on the chart, the user sees the current snapshot of the options market. Cumulative things like day volume, however, are counted from the moment of subscription: an indicator switched on at lunchtime knows only the volume since lunch.
Third: open interest itself is still published by the exchange once a day — what is live here are the quotes, the volume, and everything computed from quotes: IV, the greeks, GEX. Era one, for all its indicators, still stands on daily OI.
Options OI Profile
The open interest profile from the previous lesson, in the flesh: along the right edge of the chart, bars at each strike's level, teal calls and coral puts, the largest nodes labeled with numbers. Hovering over a bar unfolds the strike in detail: OI, volume, volatility, delta.
Video: https://www.loom.com/share/8ada8355ea1e4aa78ab8919803db76c8
The profile has three modes, and they are worth telling apart. Open Interest — accumulated positions, the primary view. Day Volume — where the trading is happening today: the fresh battle instead of the old stockpiles. Net OI — the excess of calls or puts at each strike, shown as a single bar. In the status panel the profile shows PCR — the put-to-call ratio: above one, puts are the more active side; below one, calls.
Options Key Levels
The same data, but instead of the whole profile — only the conclusions: a few horizontal lines running across the entire chart. MAX PAIN, CALL WALL, PUT WALL — the familiar trio from lesson 5; optionally, the strikes with the largest day volume, showing where today's battle is being fought. This is the most ready-to-use indicator in the pack: support and resistance levels from the options market with no need to decipher profiles.
Video: https://www.loom.com/share/f320e18a5049413e91a80cdd9ba2a02c
Remember from lesson 5: these levels work hardest on expiration days and the day before — their strength grows out of gamma.
Options Expected Move
The expected move, drawn as a corridor running rightward from the current bar: the
inner boundaries are ±1σ (the move the options market believes in with roughly 68%
probability), the outer dashed ones are ±2σ (roughly 95%). A label like
EM ±42.50 · 0.74% reads as "the market is pricing in a move of forty-two and a half
points either way."
Video: https://www.loom.com/share/1cef99b36c8d4b07a23e7b283eeac345
The corridor is read like this: the boundaries are natural targets and profit-taking zones; a move beyond ±1σ already makes a strong day, beyond ±2σ an extreme one, often followed by a pullback. The Anchor setting switches the reference point: Current Price — the corridor breathes along with price; Attachment Price — fixed from the moment it was placed, handy to set in the morning and measure the day against the morning's expectations. And one detail users tend to mistake for a bug: on a short expiration the corridor narrows over the course of the day. That is exactly how it should be — there is less and less time left to expiration, and the expected remainder of the move melts away with it, like theta in lesson 3.
Options GEX Profile
Gamma exposure by strike — the GEX profile from lesson 5, along the right edge of the
chart. Teal bars to the right — positive gamma (hedging brakes the price), coral bars
to the left — negative (it accelerates the move). The amber ZERO GAMMA line is the
divide between regimes; GEX WALL marks the largest nodes. In the status panel — the
book's total exposure in the form Σ +2.4B: plus means the market is in the calm
regime, minus in the nervous one.
Video: https://www.loom.com/share/4bfbddb3df2847a3a44bd42f38101a8c
Era one, fully assembled: daily OI, live quotes, four indicators — and a perfectly workable map of levels for every day. This whole arsenal was built for a world where an option lived for weeks and months, and yesterday's positions honestly described today's market. But starting around 2022, the market itself began to live differently: the weeks gave way to options that are born in the morning and die by the evening of the same day. What they did to the market — and why the daily map stopped keeping up with it — is the next part of the course.
- OptionsSuite - four era-one indicators on CME futures (ES, NQ, CL, GC): OI Profile, Key Levels, Expected Move, GEX Profile.
- The data comes only from IB or Rithmic, in real time and with no history; OI itself remains daily.
- The status panel in the corner of the chart is the first step in dissecting any "it shows nothing."
- Numbers legitimately differ from third-party services: different source, different measurement time, different strike coverage.