3:00 – 4:00 PM ET

Power Hour

The last hour moves differently, and it isn't sentiment — it's mechanics. Options dealers must hedge, and how they hedge flips depending on their position. This page tells you which side they're on right now, and what that does to price into the bell.

—
Loading the dealer tape…
New to this? How to read the page
  1. Find the tag — green PIN or red ACCELERANT. That's the single most important thing here.
  2. PIN means dealers profit from price staying still, so they sell rallies and buy dips. Expect chop, fading edges, and price magnetised to one strike. Breakouts tend to fail.
  3. ACCELERANT means the opposite — dealers hedge with the move, so pushes extend instead of fading. The same level that would have been a ceiling becomes a launchpad.
  4. The magnet is the strike carrying the most dealer gamma. In a pin, price gets pulled toward it.
  5. Watch the grip — same-day options expire at the bell, so the pin weakens in the last ten minutes. That release is where the sharp late move usually comes from.

Structural read, not a prediction or financial advice. Dealer gamma describes hedging pressure — it shifts the odds of pinning versus extension, it does not set direction. Snapshots are polled intraday and de-duplicated; gaps happen when the poller misses a beat.