Members · NoVo Analyst
The dealer map behind the fear
Fear tells you the weather. The dealer positioning map tells you where the market is pinned and where it breaks — the levels the desks actually trade. Live for SPY, QQQ & IWM in NoVo Analyst.
A live fear gauge for the S&P (VIX), Nasdaq (VXN) and Russell (RVX) — each ranked against its own year — plus the NoVo Market Pulse, a single sentiment score from vol and momentum. Free, updated through the session.
Want the dealer map behind the moves — net GEX, the gamma flip, dealer walls, expected move and live options flow? That's NoVo Analyst.
A single "VIX" hides that tech and small-caps carry their own fear. VXN (Nasdaq) and RVX (Russell) often diverge hard from the S&P — here they're each ranked against their own trailing year.
VIX/VXN/RVX are ~15-min delayed. Percentile = where today's level sits vs the past year of daily closes.
Vote the tape, then talk it out with other traders. Keep it civil — no links, no spam.
Fear tells you the weather. The dealer positioning map tells you where the market is pinned and where it breaks — the levels the desks actually trade. Live for SPY, QQQ & IWM in NoVo Analyst.
The Market Pulse is a single 0–100 read of market sentiment — 0 is Extreme Fear, 100 is Extreme Greed. It weighs index-volatility percentiles (VIX, VXN and RVX — so it catches Nasdaq and small-cap fear a VIX-only gauge misses) against where the S&P sits versus its 125-day trend, all from public data. It's a weather report, not a trade signal. It can read differently from breadth-based indices like CNN's Fear & Greed — those lean heavily on market breadth and options positioning, while NoVo's leans on volatility and trend, so the two often diverge. For the structure under the sentiment — how dealer gamma is positioning the market — see NoVo Analyst or read The Journal.
Market data on this page is delayed and provided for general information only — it is not financial advice or a recommendation to trade. VIX/VXN/RVX are ~15-minute delayed (CBOE); index values use E-mini futures. Options trading involves significant risk of loss. © 2026 NoVo Options Trading.
