QuantriumFlow™ — Unified Market Structure Engine

Reference

Glossary

The 62 proprietary and industry-standard terms used across the QuantriumFlow terminal and marketing copy. Hover any term elsewhere on the site to see its definition inline; this page is the full reference.

Structure & Levels

Call Resistance#: Strongest positive-GEX level above price — the primary upside target (typically the 1st Call Wall) where dealer hedging creates mean-reverting pressure.
Dealer Wall#: Largest positive gamma concentration acting as an upside magnet — the level dealers are positioned to defend against breakouts.
Floor#: The largest negative-GEX strike below current price — gravitational centre for selloffs and the primary downside support level.
Flow Flip#: First strike above price where institutional options flow transitions from bearish to bullish — a structural inflection in dealer pressure.
H1#: First Hedge level — nearest strike above or below price where the modelled dealer book transitions from absorbing to amplifying flow. Surfaced alongside Dealer Wall and Floor as a primary structural marker.
Liquidity Ceiling#: First major resistance level above current price — the strike where liquidity concentration is expected to slow upside moves.
Price Magnets#: Specific strikes where time decay pulls price as options approach expiration. The Pull Force metric quantifies the magnitude of attraction.
Put Support#: Strongest negative-GEX level below price — the primary downside floor (typically the 1st Put Wall) where dealers are short gamma.
Resistance#: Structural level where upside moves often pause or reverse based on positioning above current price.
SGP#: Structural Gamma Pivot — key gamma-derived floor on SPY/SPX used as a stop-placement and reversal reference. Surfaced in the QF terminal, the daily-plan paste line, and the TradingView UMSE indicator.
Sign Cluster#: Group of consecutive same-sign bars in options data identified as a structural node — the building block for Quantum Nodes.
Support Band#: Secondary support zone derived from layered hedge concentrations beneath the primary floor.
Swing Markers#: HH (Higher High), HL (Higher Low), LH (Lower High), LL (Lower Low), EH (Equal High), EL (Equal Low) — six-state classification of swing structure used across price-action panels.
Transition Zone#: Shaded area around the zero-gamma crossover where price tends to chop. Marks the boundary between vol-suppressing and vol-amplifying regimes.
VWAP Trigger#: Key VWAP-reclaim level on the structure table — a session-level confirmation point for entries and exits.

Gamma & Dealer Flow

Call Wall#: Strike with concentrated positive net gamma (call-side dominance) where dealer hedging acts as a near-term upside ceiling. Closely related to Dealer Wall.
Gamma Flip#: The strike where net dealer gamma changes sign — the primary intraday pivot boundary between stabilising (positive GEX) and amplifying (negative GEX) regimes. Closely related to HVL.
GEX#: Gamma Exposure — net dealer gamma positioning across all strikes. Positive GEX dampens volatility; negative GEX amplifies it.
HVL#: High Volatility Level — the zero-gamma flip point where dealer hedging dynamics invert from suppressing to amplifying volatility.
Long Gamma#: Dealer positioning where market makers are net long gamma — they buy dips and sell rips. Mirror of Short Gamma; produces stabilising, range-bound conditions.
Pinning#: Price gravitating toward a high-gamma strike into expiration due to dealer hedging dynamics. Drives the classic 'expiration pin' phenomenon on high-OI strikes.
Put Wall#: Strike with concentrated negative net gamma (put-side dominance) where dealer hedging acts as a downside floor. Mirror image of the Call Wall.
Short Gamma#: Dealer positioning where market makers are net short gamma — their hedging amplifies price moves (selling into rallies, buying into dips). Typically associated with trending, volatile regimes.
Vanna#: Rate of change of delta with respect to volatility (dΔ/dσ) — captures how directional dealer exposure shifts as IV moves. Surfaced in the Sensitivity Edge panel.
Zero Gamma Line#: Dashed visual marker at the GEX = 0 strike where gamma regime transitions from amplifying to stabilising. Anchors the Transition Zone band on chart overlays.

Volatility

Backwardation#: Inverted options term structure — near-term IV higher than longer-dated. Classic 'fear' signal; near-term event or shock is being priced in.
Contango#: Positive options term structure — near-term IV lower than longer-dated IV. The 'normal' regime; the market isn't pricing immediate uncertainty.
CP#: Convexity Pulse — column in the Key Levels panel showing second-order volatility sensitivity (vomma) concentration. Sourced from the Convexity Pulse panel.
Ex-Earn IV#: Implied volatility with the earnings-event premium stripped out — isolates the base-rate vol from the event-driven uplift in the days before an earnings release.
IV Percentile#: Distinct from IV Rank: percent of trading days over the lookback window where IV was BELOW the current value. More resistant to single-day outliers than IV Rank.
IV Rank#: Implied Volatility Rank — percentile of current IV against its 1-year (or selected window) range. Above 50 = elevated; high IV Rank favours premium-selling structures.
IV Regime Tiers#: Six-tier classification of current IV from the IV Environment panel: DEPRESSED, SUBDUED, NORMAL, ELEVATED, HIGH, EXTREME — bucketed against the 1-year percentile range.
IV Skew#: Asymmetry in the IV smile — higher IV on OTM puts than OTM calls signals directional fear / hedging demand. Steepness measures conviction.
IV Term Structure#: Mini bar chart of IV across multiple tenors (typically 10d, 30d, 60d, 90d, 6m, 1y). Reveals whether the market is pricing a specific event or broad uncertainty.
IV/HV Ratio#: Ratio of Implied Volatility to recent Historical (realised) Volatility. >1.2 = options priced richer than realised; <0.8 = cheap. Useful for premium-selling vs. directional decisions.
SMV Vol#: Smoothed Model Volatility — fitted IV surface that removes bid/ask noise from individual option quotes. Cleaner read on the actual vol curve.
VC#: Vega Charge — column in the Key Levels panel showing where vega (volatility sensitivity) concentrates across the strike chain. Sourced from the Vol Charge panel.
Vol of Vol#: Volatility of implied volatility itself. Rising vol-of-vol signals impending regime instability — IV may swing sharply without spot price necessarily following.
Vomma#: Rate of change of vega with respect to volatility (dVega/dσ) — convexity in the volatility dimension. Surfaced in the Convexity Pulse panel.

Flow & Sentiment

Anomaly Detection#: Smart Flow component that surfaces unusual volume / OI spikes weighted by bid/ask spread quality — filters real institutional intent from noise.
Bias Bar#: Call-vs-put premium split summary at the top of the Premium Flow Map: 60%+ calls = CALL DOMINANT, 60%+ puts = PUT DOMINANT, 40—60% split = BALANCED.
Delta-Weighted Flow#: Options volume multiplied by delta with DTE discounting — measures directional dollar exposure entering the market, not just contract count.
Momentum Badge#: Δ marker on flow-pulse panels showing change in net premium since the last refresh. Rapidly increasing Δ signals institutional repositioning; reversing sign signals a sentiment flip.
Net Premium#: Dollar value of options premium being traded at each strike — surfaces where real capital is flowing right now. Green = call-dominant, red = put-dominant. Foundation for the Premium Flow Map and Premium Flow Pulse panels.
PCR#: Put/Call Ratio — total put volume divided by total call volume. Directional sentiment indicator; QF also tracks an OI-based PCR for structural positioning.
Relative Volume#: Today's total options volume compared to its 20-day average. High Relative Volume signals an unusual session worth attention.
Smart Flow#: Directional-positioning score derived from aggregate open interest and dealer gamma across the strike chain. One of the three Quantum-Node inputs. Abbreviated SF in the Key Levels panel.

Proprietary Scoring

Confluence#: Multiple QuantriumFlow panels independently flagging the same level or signal. High confluence raises conviction; STRICT mode filters setups by minimum confluence. Also surfaced as 'Convergence' in the Key Levels panel where 3+ of 6 panels (DP/SF/GD/VC/SE/CP) agree on a strike.
DP Index#: Dealer Positioning Index — composite directional read on dealer book exposure across the full strike chain. One of the three Quantum-Node inputs. Abbreviated DP in the Key Levels panel.
GDP Index#: Gamma Decay Pressure Index — measures how fast time decay is eroding the dealer book. One of the three Quantum-Node inputs. Abbreviated GD in the Key Levels panel.
Quantum Grade#: A/B/C/D alignment score with dominant Quantum-Node structure: A = premium alignment, B = good, C = marginal, D = opposes the trade and blocks it.
Quantum Nodes#: Proprietary multi-factor confluence scoring (Dealer Positioning + Smart Flow + Gamma Decay) that grades every Trade Setup A/B/C/D. When all three align, conviction is highest.
Quantum Nodes Regime#: Four named market states surfaced by Quantum Nodes: EXPANSION (wide directional clusters), BALANCED TREND (orderly trend with clear structure), COMPRESSION (tight range-bound clusters), TRANSITION (structure shifting between states).
SSI#: Structure Strength Index — measures the conviction of each structural level on a bounded scale, weighting hedge concentration, recency, and confluence.
SSI Strength Tiers#: Bucket labels on the SSI 0-500+ score: Dominant (300+, extremely strong), Strong (200-300), Moderate (120-200), Weak (60-120).
Trap Score#: 0-10 score from the Trap Detector panel — confidence that a price move is dealer-rebalancing noise rather than real flow. 0-3 = SAFE, 4-5 = POSSIBLE TRAP, 6-10 = REBALANCE TRAP.

Setup Taxonomy

SE#: Two QF meanings, context-dependent: (1) In Trade Setups: Structure Entry — early entry at frozen structure levels before momentum confirmation, graded A/B/C/D. (2) In Key Levels: Sensitivity Edge — the vanna (dΔ/dσ) sensitivity panel column.
SPY Band Confirmation#: On Trade Setups for single names: gating signal showing whether SPY's own structure agrees. ALIGN = SPY supports the trade, RISK = weak conflict, CONFLICT = strong opposition (setup blocked).
U1–U6#: Six discrete setup states: U1 bullish breakout, U2 bearish breakout, U3 pullback at top (SHORT fade), U4 pullback at bottom (LONG fade), U5 consolidation/pin (context-only, never a trigger), U6 negative-hedge reclaim (LONG).

Industry Standard

0DTE#: Zero Days To Expiration — same-session options expiring before the next market open. Dominates intraday gamma dynamics on SPX, SPY, QQQ.
DTE#: Days To Expiration — time remaining until an options contract expires. Drives gamma intensity and time-decay speed; 0DTE is the same-day case.
VWAP#: Volume-Weighted Average Price — intraday price benchmark widely used as a session-level reference and dynamic support/resistance.

Structure & Levels

Call Resistance#

Strongest positive-GEX level above price — the primary upside target (typically the 1st Call Wall) where dealer hedging creates mean-reverting pressure.

Dealer Wall#

Largest positive gamma concentration acting as an upside magnet — the level dealers are positioned to defend against breakouts.

Floor#

The largest negative-GEX strike below current price — gravitational centre for selloffs and the primary downside support level.

Flow Flip#

First strike above price where institutional options flow transitions from bearish to bullish — a structural inflection in dealer pressure.

H1#

First Hedge level — nearest strike above or below price where the modelled dealer book transitions from absorbing to amplifying flow. Surfaced alongside Dealer Wall and Floor as a primary structural marker.

Liquidity Ceiling#

First major resistance level above current price — the strike where liquidity concentration is expected to slow upside moves.

Price Magnets#

Specific strikes where time decay pulls price as options approach expiration. The Pull Force metric quantifies the magnitude of attraction.

Put Support#

Strongest negative-GEX level below price — the primary downside floor (typically the 1st Put Wall) where dealers are short gamma.

Resistance#

Structural level where upside moves often pause or reverse based on positioning above current price.

SGP#

Structural Gamma Pivot — key gamma-derived floor on SPY/SPX used as a stop-placement and reversal reference. Surfaced in the QF terminal, the daily-plan paste line, and the TradingView UMSE indicator.

Sign Cluster#

Group of consecutive same-sign bars in options data identified as a structural node — the building block for Quantum Nodes.

Support Band#

Secondary support zone derived from layered hedge concentrations beneath the primary floor.

Swing Markers#

HH (Higher High), HL (Higher Low), LH (Lower High), LL (Lower Low), EH (Equal High), EL (Equal Low) — six-state classification of swing structure used across price-action panels.

Transition Zone#

Shaded area around the zero-gamma crossover where price tends to chop. Marks the boundary between vol-suppressing and vol-amplifying regimes.

VWAP Trigger#

Key VWAP-reclaim level on the structure table — a session-level confirmation point for entries and exits.

Gamma & Dealer Flow

Call Wall#

Strike with concentrated positive net gamma (call-side dominance) where dealer hedging acts as a near-term upside ceiling. Closely related to Dealer Wall.

Gamma Flip#

The strike where net dealer gamma changes sign — the primary intraday pivot boundary between stabilising (positive GEX) and amplifying (negative GEX) regimes. Closely related to HVL.

GEX#

Gamma Exposure — net dealer gamma positioning across all strikes. Positive GEX dampens volatility; negative GEX amplifies it.

HVL#

High Volatility Level — the zero-gamma flip point where dealer hedging dynamics invert from suppressing to amplifying volatility.

Long Gamma#

Dealer positioning where market makers are net long gamma — they buy dips and sell rips. Mirror of Short Gamma; produces stabilising, range-bound conditions.

Pinning#

Price gravitating toward a high-gamma strike into expiration due to dealer hedging dynamics. Drives the classic 'expiration pin' phenomenon on high-OI strikes.

Put Wall#

Strike with concentrated negative net gamma (put-side dominance) where dealer hedging acts as a downside floor. Mirror image of the Call Wall.

Short Gamma#

Dealer positioning where market makers are net short gamma — their hedging amplifies price moves (selling into rallies, buying into dips). Typically associated with trending, volatile regimes.

Vanna#

Rate of change of delta with respect to volatility (dΔ/dσ) — captures how directional dealer exposure shifts as IV moves. Surfaced in the Sensitivity Edge panel.

Zero Gamma Line#

Dashed visual marker at the GEX = 0 strike where gamma regime transitions from amplifying to stabilising. Anchors the Transition Zone band on chart overlays.

Volatility

Backwardation#

Inverted options term structure — near-term IV higher than longer-dated. Classic 'fear' signal; near-term event or shock is being priced in.

Contango#

Positive options term structure — near-term IV lower than longer-dated IV. The 'normal' regime; the market isn't pricing immediate uncertainty.

CP#

Convexity Pulse — column in the Key Levels panel showing second-order volatility sensitivity (vomma) concentration. Sourced from the Convexity Pulse panel.

Ex-Earn IV#

Implied volatility with the earnings-event premium stripped out — isolates the base-rate vol from the event-driven uplift in the days before an earnings release.

IV Percentile#

Distinct from IV Rank: percent of trading days over the lookback window where IV was BELOW the current value. More resistant to single-day outliers than IV Rank.

IV Rank#

Implied Volatility Rank — percentile of current IV against its 1-year (or selected window) range. Above 50 = elevated; high IV Rank favours premium-selling structures.

IV Regime Tiers#

Six-tier classification of current IV from the IV Environment panel: DEPRESSED, SUBDUED, NORMAL, ELEVATED, HIGH, EXTREME — bucketed against the 1-year percentile range.

IV Skew#

Asymmetry in the IV smile — higher IV on OTM puts than OTM calls signals directional fear / hedging demand. Steepness measures conviction.

IV Term Structure#

Mini bar chart of IV across multiple tenors (typically 10d, 30d, 60d, 90d, 6m, 1y). Reveals whether the market is pricing a specific event or broad uncertainty.

IV/HV Ratio#

Ratio of Implied Volatility to recent Historical (realised) Volatility. >1.2 = options priced richer than realised; <0.8 = cheap. Useful for premium-selling vs. directional decisions.

SMV Vol#

Smoothed Model Volatility — fitted IV surface that removes bid/ask noise from individual option quotes. Cleaner read on the actual vol curve.

VC#

Vega Charge — column in the Key Levels panel showing where vega (volatility sensitivity) concentrates across the strike chain. Sourced from the Vol Charge panel.

Vol of Vol#

Volatility of implied volatility itself. Rising vol-of-vol signals impending regime instability — IV may swing sharply without spot price necessarily following.

Vomma#

Rate of change of vega with respect to volatility (dVega/dσ) — convexity in the volatility dimension. Surfaced in the Convexity Pulse panel.

Flow & Sentiment

Anomaly Detection#

Smart Flow component that surfaces unusual volume / OI spikes weighted by bid/ask spread quality — filters real institutional intent from noise.

Bias Bar#

Call-vs-put premium split summary at the top of the Premium Flow Map: 60%+ calls = CALL DOMINANT, 60%+ puts = PUT DOMINANT, 40—60% split = BALANCED.

Delta-Weighted Flow#

Options volume multiplied by delta with DTE discounting — measures directional dollar exposure entering the market, not just contract count.

Momentum Badge#

Δ marker on flow-pulse panels showing change in net premium since the last refresh. Rapidly increasing Δ signals institutional repositioning; reversing sign signals a sentiment flip.

Net Premium#

Dollar value of options premium being traded at each strike — surfaces where real capital is flowing right now. Green = call-dominant, red = put-dominant. Foundation for the Premium Flow Map and Premium Flow Pulse panels.

PCR#

Put/Call Ratio — total put volume divided by total call volume. Directional sentiment indicator; QF also tracks an OI-based PCR for structural positioning.

Relative Volume#

Today's total options volume compared to its 20-day average. High Relative Volume signals an unusual session worth attention.

Smart Flow#

Directional-positioning score derived from aggregate open interest and dealer gamma across the strike chain. One of the three Quantum-Node inputs. Abbreviated SF in the Key Levels panel.

Proprietary Scoring

Confluence#

Multiple QuantriumFlow panels independently flagging the same level or signal. High confluence raises conviction; STRICT mode filters setups by minimum confluence. Also surfaced as 'Convergence' in the Key Levels panel where 3+ of 6 panels (DP/SF/GD/VC/SE/CP) agree on a strike.

DP Index#

Dealer Positioning Index — composite directional read on dealer book exposure across the full strike chain. One of the three Quantum-Node inputs. Abbreviated DP in the Key Levels panel.

GDP Index#

Gamma Decay Pressure Index — measures how fast time decay is eroding the dealer book. One of the three Quantum-Node inputs. Abbreviated GD in the Key Levels panel.

Quantum Grade#

A/B/C/D alignment score with dominant Quantum-Node structure: A = premium alignment, B = good, C = marginal, D = opposes the trade and blocks it.

Quantum Nodes#

Proprietary multi-factor confluence scoring (Dealer Positioning + Smart Flow + Gamma Decay) that grades every Trade Setup A/B/C/D. When all three align, conviction is highest.

Quantum Nodes Regime#

Four named market states surfaced by Quantum Nodes: EXPANSION (wide directional clusters), BALANCED TREND (orderly trend with clear structure), COMPRESSION (tight range-bound clusters), TRANSITION (structure shifting between states).

SSI#

Structure Strength Index — measures the conviction of each structural level on a bounded scale, weighting hedge concentration, recency, and confluence.

SSI Strength Tiers#

Bucket labels on the SSI 0-500+ score: Dominant (300+, extremely strong), Strong (200-300), Moderate (120-200), Weak (60-120).

Trap Score#

0-10 score from the Trap Detector panel — confidence that a price move is dealer-rebalancing noise rather than real flow. 0-3 = SAFE, 4-5 = POSSIBLE TRAP, 6-10 = REBALANCE TRAP.

Setup Taxonomy

SE#

Two QF meanings, context-dependent: (1) In Trade Setups: Structure Entry — early entry at frozen structure levels before momentum confirmation, graded A/B/C/D. (2) In Key Levels: Sensitivity Edge — the vanna (dΔ/dσ) sensitivity panel column.

SPY Band Confirmation#

On Trade Setups for single names: gating signal showing whether SPY's own structure agrees. ALIGN = SPY supports the trade, RISK = weak conflict, CONFLICT = strong opposition (setup blocked).

U1–U6#

Six discrete setup states: U1 bullish breakout, U2 bearish breakout, U3 pullback at top (SHORT fade), U4 pullback at bottom (LONG fade), U5 consolidation/pin (context-only, never a trigger), U6 negative-hedge reclaim (LONG).

Industry Standard

0DTE#

Zero Days To Expiration — same-session options expiring before the next market open. Dominates intraday gamma dynamics on SPX, SPY, QQQ.

DTE#

Days To Expiration — time remaining until an options contract expires. Drives gamma intensity and time-decay speed; 0DTE is the same-day case.

VWAP#

Volume-Weighted Average Price — intraday price benchmark widely used as a session-level reference and dynamic support/resistance.