ReflationCurrent RegimeDay 7as of 2026-04-17
Pricing: Apr 24 (eod)

GLXY

$26.10
IV30: 93.3%Rank: 27Regime: Reflation

Research & Monitoring

Squeeze:58LOADEDScan: 2026-04-24
F2 Put WallPF3 Call CascadeNF7 Positioning SkewPF8 Term BackwardationPF9 Reversal TriggerP
Draft — Unreviewed
GLXYDraft
2026-03-13

GLXY triple Core + weak F9 trigger: dealer short gamma at 0th pctile, put trampoline at 21, cascade above 23

GLXY (Galaxy Digital) is a crypto-focused financial services firm; it trades as a levered proxy on Bitcoin and digital asset markets. Net dealer GEX at the 0th percentile with all three Core flags newly active creates a reflexive feedback loop: dealers are maximally short gamma near spot at $22.40, a put gamma wall at $21 provides trampoline support ~6% below, and call OI concentrated at the $23-$24.50 band (95th percentile) sets up a delta-hedging cascade on any upside move. Term structure is in severe backwardation (IV7d 92.5% vs IV90d 91%), and put/call skew is elevated (P/C OI ratio at 82nd percentile, strike slope at 92nd). Price has just reclaimed the 10-day MA ($21.88) providing a weak F9 trigger. No gex_flip_strike is identified, reducing target precision — but the mechanical setup is as loaded as this name gets. Regime is Reflation at 1.0× sizing.

IV Rank
VRP
Term
F4neutral
Skew-
Catalystcheck calendar
long_callbullish

Primary squeeze capture. Target the $24-$25 strike in the April 2-17 expiry window. Call OI cascade peaks at $23 with significant weight through $24.50 — dealers delta-hedging buys through this zone amplify the move....

Entry: Enter on a daily close above $22.50 (confirming the MA10 reclaim) or on an intraday push through $23.00 with volume. Ideal entry after a 2-3% gap up day that forces dealer hedging.

Risk: GLXY is extremely volatile (HV10 at 97%, HV20 at 122%). This is a crypto proxy — Bitcoin weekend moves can gap GLXY violently in either d...

long_callbullish

Longer-dated lottery ticket. Target the $26-$28 strike in the May 1 expiry. GLXY moved from $18.57 to $32.20 in 10 trading days in July 2025 (73% in two weeks) — these kinds of explosive moves are part of this name's...

Entry: Can scale in now at half size, add on F9 confirmation (HV expansion or a second consecutive close above MA10).

Risk: Far OTM + high IV = expensive absolute premium despite low delta. Full loss likely if GLXY trades sideways for 3+ weeks. Crypto macro ris...

IV Rank: 32IV30d: 88.6%Regime: ReflationScore: 66

Whale Episodes

Stored episode summaries for this symbol

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No whale episodes stored for GLXY.

IV 30d

93.3%

IV 60d

88.2%

IV 90d

87.3%

HV 20d

85.3%

IV Rank

27

IV-HV Spread

8.1%

Term Slope

-0.94

Structure

Backwrd

Skew (Slope)

0.27

RV Forecast

90.2%

IV Term Structure

7d
109.0%
30d
93.3%
60d
88.2%
90d
87.3%
180d
86.7%
365d
85.5%

Historical Volatility Cone

Percentile bands (5/25/50/75/95th) with current HV highlighted

IV & HV Time Series

MARKET CLOSED
IV 30d
IV 60d
HV 20d
GLXY Price (right axis)
IV Rank

Vol Surface

25d (OTM put)
40d
ATM
60d
75d (OTM call)
Cal Vol

Skew Profile

Current: 0.27Pctile: 75th25/75: -1.3 / 0.3
Strike Slope (skew)
Curvature (smile)
Mean

Positioning

Call OI: 67,321Put OI: 42,752P/C: 0.64Max GEX: $27.5

Open Interest by Strike

Call OI
Put OI
Spot

Gamma Exposure (GEX) by Strike

Positive GEX (support)
Negative GEX (resistance)