Your chart shows price.
GammaLens shows why.
Institutional players leave a trail. GammaLens reads it — giving you real-time visibility into the hidden positioning data that actually drives price.
ANNUAL SUBSCRIPTION · CANCEL ANYTIME · INCLUDES FULL PFP COURSE ACCESS
You’ve studied the setups. You manage your risk. You’ve refined your entries.
And you still get stopped out right before the move. Or you exit — and it runs another 3 points without you.
You add more indicators. A different timeframe. A better scanner.
Nothing changes — because none of those tools show you what’s actually driving price.
Institutions aren’t reading your chart. They’re positioned at specific strikes, and their hedging requirements create predictable directional flow. That data exists. Most traders never see it. Now you can.
The market has a hidden structure.
GammaLens makes it visible.
Where are the largest players positioned? What strikes are they defending? Who’s in control — bulls or bears? And when hedging requirements shift, which direction does that force price?
GammaLens answers all four — updated in real time, across 100+ tickers.
TCS — Top Call Strike
Where the largest call gamma is concentrated. Acts as a price magnet and resistance ceiling. When price approaches the TCS, dealer hedging creates identifiable friction and potential reversal zones.
TPS — Top Put Strike
Dominant put gamma concentration. Defines key downside support and where dealers must hedge aggressively. A critical level for gauging institutional downside protection.
BBP — Bull/Bear Pivot
The gamma flip level where dealer hedging shifts from stabilising price to amplifying moves. Losing the BBP changes the entire directional character of dealer flow.
TGS — Top Gamma Strike
The single strike with the highest total gamma across both puts and calls combined. Often acts as a gravitational centre for intraday price action.
GammaLens shows two expiry views: Front (current expiry cycle) and Next (cumulative gamma through the next monthly op-ex) — so you see both the immediate structure and the broader institutional positioning frame.
GammaLens — SPY gamma positioning, live. Left: 5-minute price feed. Right: full gamma histogram with put/call gamma and current price overlay.
Calling 725 — before it happened.
On May 1, GammaLens showed 725 as the next significant TCS on the board. This was noted in the morning market commentary at 6:49am MT, before the open:
“We’re in a solid pocket of positive gamma with 725 the next big strike on the board (see the positioning below via our new app at 2nd Skies Trading). VIX continuing lower only helps the rally via the Vanna lever… until we get a close below 715 in SPY, we like staying bullish.”
→ SPY hit 725 by Friday close. Timestamped, documented, and called before the move.
This isn’t a backtest. It’s not hindsight. GammaLens showed where institutional positioning was concentrated — and price followed the structure, as it does when you know where to look.
The PFP course — Positioning, Flows & Price Action.
GammaLens is the real-time tool. The PFP course is the complete system for understanding what it’s telling you — and how to act on it.
357 minutes of structured content
Positioning, flows, price action, setups, risk management, and the neuroscience of trading. Built for day traders, swing traders, and portfolio hedgers.
Direct access to Chris Capre
Weekly webinars: market analysis, trade feedback, live Q&A. All sessions recorded. Ask your questions in real time.
Published every Monday open
How flows and dealer hedges moved markets last week. Where institutional players are positioned for the week ahead. Who’s in control, and at what levels.
Levels, commentary, Discord
Key positional levels for SPY/QQQ each morning. Morning market commentary Tue–Fri. Live Discord access during market hours (9am–2pm ET).
GammaLens + PFP Course
Everything above, plus GammaLens across 100+ tickers — and the Daily Implied Move app included when it launches.
Annual subscription · Cancel anytime · Instant access to all course content, apps, and live sessions.
Join now — $999/yearChris Capre — trader, educator, neuroscientist-in-training.
Former Wall Street broker and hedge fund trader. Chris built 2nd Skies Trading in 2007 with one purpose: teach traders how markets actually work — through positioning, flows, and price action, not lagging indicators and retail mythology. He is currently completing an MSc in Biomedical Neuroscience at the University of Florida, with a focus on how the brain drives trading performance.
“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.”
“Unlike many other courses, he doesn’t shy away from complexity. As a student, I feel like I’m genuinely learning something valuable. Chris emphasizes practice to make concepts second nature.”
“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 already have a trading system. Will this conflict with it?
GammaLens adds a data layer — it doesn’t replace your setup. Most members find it clarifies why their existing levels work when they do, and why they fail when they don’t.
I have a full-time job. Can I realistically use this?
A large majority of 2nd Skies Trading members trade around a full-time schedule. The positioning data is most useful before the open — a 10-minute morning read that frames the entire day’s structure.
Is this just for options traders?
No. Options positioning drives stock and ETF price movement. If you trade equities or anything correlated to index flow, this data is relevant to every trade you take.
What’s included vs. what costs extra?
Everything is included in the annual subscription: the full PFP course, GammaLens app access across 100+ tickers, Daily Implied Move app (at launch), weekly webinars, weekly option flow report, daily levels and commentary, and Discord access.
What happens if I cancel?
You can cancel anytime. Your access continues through the end of your subscription period, then lapses. No penalties, no games.
Big players can see this. Now you can too.
Stop trading the chart. Start trading the structure behind it.
Join now — $999/year