# Exposure views

Gamma, delta, vanna, charm and convexity by strike, as ladders, profiles and heatmaps.

| View | What it answers |
|---|---|
| **Gamma exposure** | Where are the walls and the flip, and how big is net GEX? |
| **Exposures** | Net gamma, vanna and charm by strike, side by side |
| **DEX ladder** | Where would hedging add buying or selling? |
| **Vanna / charm ladder** | How does hedging change with volatility and with time? |
| **Convexity ladder** | Where are moves likely to speed up or stall? |
| **Greek heatmap** | How does exposure spread across strikes and expiries? |
| **Options profile** | Where are open interest and today's volume concentrated? |
| **Equity GEX** | The same read for any single stock, day-trade or swing horizon |

## Reading the ladders

Bars to the right are positive, to the left negative. The longest bars are
the strikes that matter most. Hover a bar for its exact value.

## Vanna and charm

- **Vanna** matters when volatility moves. When implied volatility falls,
  vanna hedging can turn into steady buying, and the reverse when it rises.
- **Charm** is the drift that comes from time passing alone. It builds into
  the close on expiry days, whatever price does.

## Scope and weighting

Most views let you pick the expiry scope and the weighting. See
[Expiries and 0DTE](https://q-bitf.com/docs/concepts/expiries).