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Product comparison · competitor pages last read 2026-09-04

SquawkFlow vs SpotGamma, 2026 Comparison

Feature comparison of SquawkFlow and SpotGamma for dealer gamma, 0DTE analytics, options impact models, and key levels. Every SquawkFlow claim links to the public page that demonstrates it, competitor claims are quoted from their own pages, and uncertain features are marked Unknown.

  • SquawkFlow publishes a free SPX gamma page; SpotGamma sells proprietary options-impact models.
  • SpotGamma TRACE and HIRO cover gamma, delta, charm and hedging impact for index traders. SquawkFlow has no equivalent to either.
  • SquawkFlow places gamma next to sector rotation, max pain, VIX structure and a decision panel in one workspace.
  • SquawkFlow is free today with no account to create, because signup is paused.
Open SquawkFlow →Free, and there is no account to create

Feature-by-feature comparison

Rows where SquawkFlow does not have the feature are listed alongside the rows where it does. SquawkFlow cells link to the page that backs them.

FeatureSquawkFlowSpotGamma
Public market tools open on the web✓ Included◐ Limited
Full terminal free with no account✓ IncludedUnknown
Real-time full-tape options flow✕ Not available✓ Included
Unusual options activity scanner✓ Included✓ Included
Dealer gamma levels (GEX)✓ Included✓ Included
Gamma update cadenceDaily CBOE settlement open interest, page refreshed through the sessionUnknown
Market maker positioning sourceInferred from open interestUnknown
Gamma heatmap by strike and expirationSPX, SPY and QQQUnknown
0DTE-specific analytics✕ Not available✓ Included
Dark-pool feedModeled tape, DIX realUnknown
Sector-rotation dashboard✓ IncludedUnknown
SPX max-pain tool✓ IncludedUnknown
VIX term-structure tool✓ Included✓ Included
AI market narration✓ IncludedUnknown
Trade / no-trade decision panel✓ IncludedUnknown
Native mobile app✕ Not availableUnknown
Custom alerts and saved watchlists✕ Not available✓ Included
Historical options data◐ Limited◐ Limited
Trading community, Discord or live rooms✕ Not available✓ Included
Congressional-trading dataMCP tool only, no web pagesUnknown
Insider Form 4 filings✕ Not availableUnknown
13F institutional holdings✓ IncludedUnknown
Public API access◐ LimitedUnknown
MCP server for AI clients✓ IncludedUnknown
Embeddable public widgets✓ IncludedUnknown

What each product covers

SpotGamma covers proprietary options positioning models, index key levels, Equity Hub, TRACE heatmaps, HIRO hedging-impact data, platform integrations and education. SquawkFlow covers a free public gamma page, a strike-by-expiration heatmap for SPX, SPY and QQQ, sector rotation, max pain, VIX term structure and an AI-narrated terminal. SquawkFlow has no equivalent to TRACE or HIRO, and its positioning is inferred from open interest rather than modeled from a proprietary dataset.

SquawkFlow’s live gamma view

SquawkFlow SPX gamma exposure share card

Live server-rendered share card. Open the free gamma dashboard for current levels and the method note.

SquawkFlow and SpotGamma in detail

SpotGamma is a focused options-structure research platform. Its product pages list daily expert notes, index key levels, Equity Hub coverage, scanners, options flow, and educational access. TRACE visualizes modeled SPX support, resistance, volatility, gamma, delta pressure, and charm pressure. HIRO estimates the real-time hedging impact of options trades. SpotGamma also advertises integrations with platforms such as TradingView, NinjaTrader, Bookmap, and Sierra Chart.

That specialist depth is what SquawkFlow does not have. SpotGamma models are built around Call Wall, Put Wall, Volatility Trigger, Zero Gamma, intraday hedging pressure, and changing options inventory, and the learning resources and twice-weekly Q&A are part of the product.

SquawkFlow makes gamma one input among several. The free SPX gamma page shows dealer positioning and key levels with no signup, computed from CBOE settlement open interest crossed with recent implied volatility from a delayed chain, with the positioning assumption stated in the method note. The terminal adds an unusual options activity scanner, sector rotation, VIX term structure, news, a conviction read, and AI narration.

The products overlap but are not interchangeable. SpotGamma has the stronger public evidence for proprietary gamma and hedging-impact analytics, and SquawkFlow is not a drop-in replacement for TRACE or HIRO. SquawkFlow has the lower-friction entry point, since every public page and the terminal itself open with no account.

Frequently asked questions

What does SquawkFlow cost?

Nothing. Every current SquawkFlow feature is free, there is no paid tier, and there is no account to create because signup is paused. Anonymous use of the public API is capped at 60 requests per hour per IP.

What does SpotGamma cover that SquawkFlow does not?

SpotGamma covers proprietary options positioning models, index key levels, Equity Hub, TRACE heatmaps, HIRO hedging-impact data, platform integrations and education. SquawkFlow covers a free public gamma page, a strike-by-expiration heatmap for SPX, SPY and QQQ, sector rotation, max pain, VIX term structure and an AI-narrated terminal. SquawkFlow has no equivalent to TRACE or HIRO, and its positioning is inferred from open interest rather than modeled from a proprietary dataset.

Does SquawkFlow have real-time options flow?

No. SquawkFlow runs an unusual options activity scanner over delayed option chains, refreshed each session. It is not a full-market real-time tape, and the comparison table says so.

Where does SquawkFlow dealer gamma come from?

Daily CBOE settlement open interest crossed with live implied volatility. Dealer positioning is inferred from open interest under the standard convention, not observed: open interest shows that a contract exists, never which side a dealer holds. Every published gamma figure, ours and everyone else’s, carries that assumption.

Can I use SquawkFlow without creating an account?

Yes, and there is no account to create. Signup is paused, so the terminal and the gamma, gamma heatmap, sector rotation, SPX max-pain, options-flow, and VIX term-structure public pages are open to everyone.

How was this comparison verified?

Feature claims about SpotGamma come from its own public pages, quoted with the URL and the date they were read. Claims in the SquawkFlow column each link to the public SquawkFlow URL that demonstrates them. When a competitor page did not confirm a feature, the table says Unknown rather than treating it as unavailable.

Sources and methodology

Competitor pages were last read 2026-09-04. Competitor features and cadences come from the linked public pages and are not paraphrased from third-party summaries. “Unknown” means not confirmed on those pages. It does not mean unavailable. SquawkFlow is not affiliated with SpotGamma and uses its name only to identify the product.

SpotGamma list pricing, captured 2026-09-02: $89/mo, $129/mo, and $299/mo tiers listed on page. Source: https://spotgamma.com/subscribe-to-spotgamma/.

Check the data before you take anyone’s word for it.

Every SquawkFlow page in the table above is open on the web right now, with no account and no payment.

Open the gamma dashboard →
SpotGamma vs SquawkFlow (2026): TRACE, HIRO vs Free GEX