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Live dealer gamma for NQ & ES, rebuilt every ~2 min in RTH. Flip, walls, expected move, graded in public. Free 15-min delayed book. Context, not signals.

Joined September 2026
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HedgeMap maps dealer gamma from Nasdaq & S&P options onto NQ and ES. Live: rebuilt every ~2 min, 09:30–16:00 ET. Graded: levels frozen at 09:35, scored vs a control. Wins & losses shown. Free: same book, 15 min delayed. Context, never a signal. hedgemap.io/?utm_source=x&ut…
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A magnet pulls hardest when price is close, time is short, and dealers are long there. Early on, a heavy strike far from spot carries less weight than it will near the close. So the HVL can matter more after lunch than at the open. Often, not always. hedgemap.io/?v=3
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RTH open, early live book (~09:30 ET): NQ 29249, 383 under flip 29631. Short gamma, 50th pct of 20 ES 7684, 51 under flip 7735. Short gamma, 25th pct of 20 Both under flip: hedging can add to moves. How it sits, not a signal · hedgemap.io/app
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ES · SPY+SPX 7684 | flip 7735 (-51) | net -35.3Bn Call conc 7936 / put conc 7684 · HVL 7609 · EM ±47 0DTE -3.25Bn · later -32.10Bn · 0DTE call 7695 / put 7609 OI as of prior close hedgemap.io/app#ES
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NQ 383 under flip, short gamma: hedging can add to moves; 29631 is the reclaim line. ES 51 under flip, also short; put conc sits at price (7684), all-expiry put/call concentration both at 7735. Context, not a trade. Sign convention assumed. hedgemap.io/app/heatmap?v=3 · @HedgeMapio
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Pre-market (Fri close book) NQ 29114 below flip 29721: short gamma, moves tend to stretch. Call 29568 / put 28944. Magnet 29145 ES 7661 below flip 7739: short gamma. Call 7839 / put 7688. Magnet 7663 Levels are context. Live book re-prices ~every 2 min: hedgemap.io
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Week ahead: Events: FOMC decision Wed. OPEX: none. NQ: below flip 29721. Put and call concentration both at 29145. ES: below flip 7739. Put/call concentration 7663 / 7688. A map, not a call. hedgemap.io/?v=3
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Arguments about which gamma measure works can be tested. Write the level down before the session. Afterward, check whether it held, broke, or never came into play. Hedgemap scores its own levels against what price did. Hold any method to that. hedgemap.io/?v=3
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We're not the quickest. Some gamma tools refresh every 60 seconds. HedgeMap rebuilds the book about every 2 min in the cash session. A level moves only after three pulls in a row agree. Slower on purpose: one noisy pull doesn't move your level. hedgemap.io/?v=3
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Trade NQ or ES? Check the cheapest plan. Of 8 gamma tools we checked on Oct 18, 3 don't list NQ or ES futures levels on it. HedgeMap is built for the futures: NQ from QQQ + NDX, ES from SPY + SPX, levels in futures prices. $29/mo founding. hedgemap.io/?v=3
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NQ recap Thu 10/22 Ugly one. NQ settled Wed at 30,007 and never saw it again. Overnight bled straight down to 29,425 and RTH opened ~29,540, under every level that held yesterday. 10am bounce to 29,595 got sold. Flushed to 29,250 by 10:45, bounced to 29,377 at noon (lower high), then stair-stepped through Fri's 29,269 and Mon's 29,226 lows. LOD 29,033 at 3:45. Sitting ~29,095 at 5pm, about -3% on the day. Why: AI spend fear came back hard. META -7% after disclosing ~$825B in future AI commitments, SOX -6.7%, CoreWeave -10%, SpaceX -9%. Money ran to bonds, 10y back under 5% on its biggest one-day drop in 3+ years. Nasdaq -2.6%, worst day since June. Dow flat. ES -1.2% ~7,704. Low 7,677 tagged last Friday's 7,676 low almost to the tick. Overnight: 29,033 is the line. Lose it and this is a new leg down. Bulls need back over 29,226-29,269, then the 29,377 noon high. Until then bounces are sells, not dip buys.
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RTH midday, live book (~12:33 ET): NQ 29847, 40 over flip 29808. Long gamma (thin), 60th pct of 20 ES 7749, 22 under flip 7770. Short gamma, 30th pct of 20 Split book: NQ hedging leans against moves, ES can add to them. How it sits, not a signal · hedgemap.io/app
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ES · SPY+SPX 7749 | flip 7770 (-22) | net -20.1Bn Call conc 7786 / put conc 7736 · HVL 7686 · EM ±25 0DTE +2.87Bn · later -22.99Bn · 0DTE put/call conc both at 7736 OI as of prior close hedgemap.io/app#ES
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NQ 40 over flip, thin long gamma (+0.49Bn): hedging leans against moves while 29808 holds; below it, it reads short. ES 22 under flip, short: 7770 is the reclaim line, 0DTE conc at 7736. Context, not a trade. Sign convention is assumed. hedgemap.io/app/heatmap?v=3 · @HedgeMapio
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Where vanna lives: Near zero at the money. Largest away from spot, with opposite signs above and below. So an IV reset tends to move the most delta when spot sits between heavy strikes. HedgeMap shows where those heavy strikes are. hedgemap.io/?v=3
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RTH open, early live book (~09:35 ET): NQ 29773, 246 under flip 30019. Short gamma, 30th pct of 20 ES 7743, 72 under flip 7815. Short gamma, 10th pct of 20 Both under flip: hedging can add to moves. How it sits, not a signal · hedgemap.io/app
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ES · SPY+SPX 7743 | flip 7815 (-72) | net -57.5Bn Call conc 7835 / put conc 7784 · HVL 7733 · EM ±47 0DTE -20.89Bn · later -36.58Bn · 0DTE call 7769 / put 7733 OI as of prior close hedgemap.io/app#ES
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NQ 246 under flip, short gamma (30th pct of 20): hedging can add to moves. 30019 is the reclaim line. ES 72 under flip, also short (10th pct of 20); put conc at 7784. Context, not a trade. Sign convention is assumed. hedgemap.io/app/heatmap?v=3 · @HedgeMapio
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