
How Options Dealer Hedging Moves Stock Prices
Most traders think of options and stocks as two separate markets. They’re not. Every time a large options position is opened, a market maker…
Institutional players leave a trail. The PFP Course + GammaLens teach you how to read it — built on 26 years of real-world trading experience.
14,373 TRADERS TRAINED · FOUNDED 2007 · TRADING SINCE 1999
Institutional players are positioned at specific strikes. Their hedging requirements create directional flow that moves markets before most traders can react. That data exists — it just never shows up on a chart.
2nd Skies teaches you to read the institutional data layer behind every move — through positioning, flows, and price action.
GammaLens: real-time gamma positioning across 100+ tickers
See exactly where the large players are positioned — TCS, TPS, BBP, TGS — updated live. The tool that shows you why price moves where it does, built exclusively for 2nd Skies Trading members.
Wall Street. Hedge fund. 26 years of live trading.
Chris Capre isn’t a theorist. He traded on Wall Street, managed institutional capital, and has been trading live for 26 years. The PFP course is built on what actually works in real markets — not backtests and simulations.
The science of building a professional trading mind.
Currently completing an MSc in Biomedical Neuroscience at the University of Florida, Chris applies the latest research in skill acquisition and decision-making to help traders build the habits and mindset that actually stick.
Where are the largest players positioned? Which strikes are they defending? Who’s in control — bulls or bears? GammaLens answers all four, updated in real time across 100+ tickers.

GammaLens — SPY 5-minute price feed on the left, full gamma histogram with put/call gamma and current price overlay on the right.
TCS — Top Call Strike
Largest call gamma concentration. Acts as a price magnet and resistance ceiling.
TPS — Top Put Strike
Dominant put gamma. Defines downside support and where dealers hedge aggressively.
BBP — Bull/Bear Pivot
The gamma flip level. Hedging shifts from stabilising price to amplifying moves.
TGS — Top Gamma Strike
Highest total gamma across puts and calls. A gravitational centre for intraday price action.
Whether you want self-directed mastery or direct one-on-one access to Chris, there’s a path built for where you are right now.
PFP Course + GammaLens
The complete institutional trading system — course, real-time app, weekly live sessions, and daily market support.
$999 / year
Annual subscription · Cancel anytime · Price increases with 3rd app launch
Learn more about PFP →Private Mentoring with Chris
Direct 1:1 access to Chris. A personalized roadmap built around your goals, your challenges, and your timeline.
From $6,000
Inquiry-based · Limited to 2–4 clients per month
View mentoring options →
Former Wall Street broker and hedge fund trader. Chris built 2nd Skies in 2007 with one purpose: teach traders how markets actually work — through institutional positioning, options flow, and price action, not lagging indicators and retail mythology.
He is currently completing an MSc in Biomedical Neuroscience at the University of Florida, applying cutting-edge research in skill acquisition and decision-making to how traders are trained. His trading performance is published annually — every trade, no cherry-picking.
“Before I joined 2ndSkies, I had been trying to trade on my own for 11 years without any success whatsoever. I am now making money in trading, consistently. This has truly been a life changing experience.”
Jeremy
“Starting out with 2ndSkies 5 years ago was hands-down the best investment I’ve ever made. I’ve developed my skills far enough to trade full time soon. I’m forever grateful to be part of this community.”
Michiel M.
“Unlike many other courses, Chris doesn’t shy away from complexity. I feel like I’m genuinely learning something valuable. He emphasizes practice to make concepts second nature.”
David
Articles on institutional positioning, options flow, price action, and the neuroscience of trading performance.

Most traders think of options and stocks as two separate markets. They’re not. Every time a large options position is opened, a market maker…

If you’ve ever seen price stall at a level that wasn’t on any chart you were looking at, or reverse exactly where you didn’t…

What is Options Trading? When you are trading stocks or currency pairs in the forex market, your trading is very straight forward. In stocks,…
Join 14,373 traders learning to read institutional positioning, options flow, and price action.
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