Build a GEX Dashboard with Python: Gamma Exposure Monitor in One API Call

The full exposure stack, which includes DEX (Directional Dealer Exposure), VEX (Vanna Exposure), and CHEX (Charm Exposure) in addition to GEX (Gamma Exposure), provides a comprehensive view of the forces driving market dynamics. Here's an overview of each metric along with example Python code snippets for integrating them into your analysis:

1. DEX: Directional Dealer Exposure

Endpoint: /v1/exposure/dex/{symbol}

What It Measures: Shows which direction dealer hedging pushes price.

Why It Matters: Provides insight into the directional bias of market makers, indicating whether they are more likely to push prices up or down through their hedging activities.

python
 
1import finnhub
2
3finnhub_client = finnhub.Client(api_key="YOUR_API_KEY")
4symbol = "SPY"
5
6# Get DEX for SPY
7dex_data = finnhub_client.exposure_dex(symbol)
8print(dex_data)

2. VEX: Vanna Exposure

Endpoint: /v1/exposure/vex/{symbol}

What It Measures: Vanna exposure (delta sensitivity to implied volatility).

Why It Matters: Explains the "

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