---
title: "Options dashboard"
description: "The dashboard is a tile panel of eleven positioning KPIs, all computed from the same live options board as the rest of the suite."
---

# Options dashboard

The dashboard is a tile panel of eleven positioning KPIs, all computed from the same live options board as the rest of the suite. It is the pre-session glance: **regime, walls, and flip in five seconds**, with sentiment cross-checks alongside.

![Options dashboard tile panel showing positioning KPIs](/learn/options/options-dashboard--hero.png)

## Add it to your chart

1. Open **Indicators** in the top bar.
2. Search for **Options Dashboard** and click it once. The tiles render in their own panel.

## Fullscreen

Use the legend's maximize button, or double-click the pane, to fill the chart with it; Esc restores the previous layout. Maximized, the tiles get more room and larger text.

## How to read it

Eleven tiles, one board ([conventions](/learn/options/concepts) for every term):

- **Net GEX**: total gamma exposure in USD per 1 percent move, dealer-naive signs.
- **Gamma flip**: the price level where net GEX changes sign.
- **Max pain**: the price level minimizing option-holder payout at expiry.
- **Call wall / Put wall**: the largest call and put open-interest strikes.
- **Put/Call ratio**: put open interest divided by call open interest, whole board, in coin units.
- **25-delta skew**: the nearest expiry's RR25 in vol points; positive means puts are bid (downside priced richer).
- **Net DEX**: delta exposure in USD, natural delta signs.
- **Net VEX**: vega exposure in USD per vol point.
- **Total OI**: open interest in coin units, counting both product lines.
- **Dealer regime**: LONG GAMMA (green, dealers dampen moves) or SHORT GAMMA (red, dealers amplify), read from the sign of net GEX.

An empty tile means that value cannot be computed right now, for example on a coin with no listed options; it is not an error.

## The math

Every tile applies a formula from the [shared conventions](/learn/options/concepts) to the live board: the GEX sum for net GEX, flip and regime, the payout argmin for max pain, RR25 for skew, and

$$\mathrm{P/C} = \frac{\mathrm{OI}_{\text{puts}}}{\mathrm{OI}_{\text{calls}}}$$

for the ratio. The **Expiries** setting scopes every tile to the chosen slice of the board.

## Settings

| Setting  | What it does                                                              | Default |
| -------- | ------------------------------------------------------------------------- | ------- |
| Expiries | Scope every KPI to all, nearest, this week, or this month                 | All     |
| Theme    | Color theme for the pane: series colors, fills, and accents (six choices) | Aurora  |
| Refresh  | Poll cadence in seconds (30 to 600)                                       | 60      |

## Assumptions

- Reads the same live chain snapshot as the rest of the suite, refreshed on the pane's own poll (default 60 seconds).
- Every KPI here uses the open-interest (dealer-naive) convention; this pane has no dealer-flow toggle of its own (that lives on the [GEX profile](/learn/options/gex-profile) and [GEX curve](/learn/options/gex-curve)).
- 25-delta skew always reads the single nearest live expiry, independent of the Expiries setting.

## Trade around it, honestly

- **Make it the pre-session glance.** Regime tile first, then where spot sits relative to the walls and the flip: that is the day's terrain in five seconds.
- **Cross-check sentiment two ways.** The P/C ratio is positioning; the 25-delta skew is the price of risk. They can disagree, and the disagreement is information: heavy put open interest while calls stay bid reads more like hedged longs than fear.
- **Skeptical caveat**: max pain matters into big expiries and barely otherwise. And a wall is only as strong as the flow behind it: check [Options flow](/learn/options/flow) to see whether it is being built or unwound.

{% hint style="info" %}
**Related**

The [GEX profile](/learn/options/gex-profile) draws these levels on your chart, [Flow pulse](/learn/options/flow-pulse) adds the direction of the tape, and the [Vol matrix](/learn/options/vol-matrix) covers the volatility side of the board.
{% endhint %}