The Kingfisher


The Kingfisher offers a unique view into Dealer Delta Map in the Bitcoin market.
The GEX+ tool is available to subscribed users, or users using a Trading Session
The GEX+ represents the Options dealers' delta exposure. The delta exposure of dealers determines whether they have to sell to hedge a positive delta, or buy when they have a negative delta.
GEX+ > 0 : Positive delta > Dealer Sells GEX+ < 0 : Negative delta > Dealer Buys

Further reading