VOL. XCIV, NO. 247

★ FINANCIAL TOOLS & SERVICES DIRECTORY ★

PRICE: 5 CENTS

Sunday, October 19, 2025

Head-to-head

SpotGamma vs Unusual Whales comparison

Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.

Quick takeaways

SpotGamma adds Data Visualizations, Courses & Certs, and Blogs coverage that Unusual Whales skips.

Unusual Whales includes Portfolio, Paper Trading, Dark Pool & Off-Exchange, News, US Government Trades, Insider Data, 13F, APIs & SDKs, Data APIs, Education, Calendar, and Dividends categories that SpotGamma omits.

SpotGamma highlights: HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second., Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices., and Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing..

Unusual Whales is known for: Live options flow across all US options exchanges, with a status indicator so you know the feed is healthy., Dark-pool tape plus ‘Dark Pool Levels’ to surface recent prints and ticker-specific liquidity zones., and Options and stock screeners with filters for premium, volume, open interest, IV rank, and common technicals..

Unusual Whales keeps a free entry point that SpotGamma lacks.

Unusual Whales offers mobile access, which SpotGamma skips.

SpotGamma logo

SpotGamma

spotgamma.com

Options‑market microstructure & dealer‑positioning analytics. Core modules: Equity Hub (key levels for 3,500+ US stocks/ETFs), HIRO real‑time options‑flow indicator (down‑to‑the‑second), an S&P 500 heatmap (TRACE), a Volatility Dashboard, FlowPatrol unusual flow insights, plus Compass & Scanners for setups. Widely used by intraday/index traders; integrates with TradingView, Bookmap, NinjaTrader, Sierra Chart, Thinkorswim, and more. No public API disclosed.

Platforms

Web

Pricing

Subscription

Quick highlights

  • HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second.
  • Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices.
  • Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing.
  • TRACE Heatmap: S&P 500 real‑time support/resistance & volatility zones.
  • 0DTE volume/open‑interest indicator; delta, vanna & gamma modeling for indices.

Community votes (overall)

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Unusual Whales logo

Unusual Whales

unusualwhales.com

Editor’s pick Hands-on review

Real-time options flow and dark-pool analytics built for active traders. Free plans view delayed data; paid tiers stream live flow, with annual plans unlocking data downloads. The public API is sold separately, and “Periscope” (market-wide SPX exposure) is available as an add-on.

Platforms

Web
Mobile
API

Pricing

Free
Subscription

Quick highlights

  • Live options flow across all US options exchanges, with a status indicator so you know the feed is healthy.
  • Dark-pool tape plus ‘Dark Pool Levels’ to surface recent prints and ticker-specific liquidity zones.
  • Options and stock screeners with filters for premium, volume, open interest, IV rank, and common technicals.
  • Options Profit Calculator to model multi-leg strategies, Greeks, and payoff P/L.
  • Paper trading for both stocks and options to test ideas without risk.

Community votes (overall)

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Overlap

Shared focus areas

3 overlaps

Mutual strengths include Options & Derivatives, Screeners, and Alerts.

Where they differ

SpotGamma

Distinct strengths include:

  • HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second.
  • Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices.
  • Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing.
  • TRACE Heatmap: S&P 500 real‑time support/resistance & volatility zones.

Unusual Whales

Distinct strengths include:

  • Live options flow across all US options exchanges, with a status indicator so you know the feed is healthy.
  • Dark-pool tape plus ‘Dark Pool Levels’ to surface recent prints and ticker-specific liquidity zones.
  • Options and stock screeners with filters for premium, volume, open interest, IV rank, and common technicals.
  • Options Profit Calculator to model multi-leg strategies, Greeks, and payoff P/L.

Feature-by-feature breakdown

AttributeSpotGammaUnusual Whales
Categories

Which research workflows each platform targets

Shared: Options & Derivatives, Screeners, Alerts

Unique: Data Visualizations, Courses & Certs, Blogs

Shared: Options & Derivatives, Screeners, Alerts

Unique: Portfolio, Paper Trading, Dark Pool & Off-Exchange, News, US Government Trades, Insider Data, 13F, APIs & SDKs, Data APIs, Education, Calendar, Dividends

Asset types

Supported asset classes and universes

Stocks, ETFs, Options

Stocks, ETFs, Options

Experience levels

Who each product is built for

Intermediate, Advanced

Beginner, Intermediate, Advanced

Platforms

Where you can access the product

Web

Web, Mobile, API

Pricing

High-level pricing models

Subscription

Free, Subscription

Key features

Core capabilities called out by each vendor

Unique

  • HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second.
  • Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices.
  • Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing.
  • TRACE Heatmap: S&P 500 real‑time support/resistance & volatility zones.
  • 0DTE volume/open‑interest indicator; delta, vanna & gamma modeling for indices.
  • Compass & Scanners: directional + volatility signals; daily names‑to‑watch.

Unique

  • Live options flow across all US options exchanges, with a status indicator so you know the feed is healthy.
  • Dark-pool tape plus ‘Dark Pool Levels’ to surface recent prints and ticker-specific liquidity zones.
  • Options and stock screeners with filters for premium, volume, open interest, IV rank, and common technicals.
  • Options Profit Calculator to model multi-leg strategies, Greeks, and payoff P/L.
  • Paper trading for both stocks and options to test ideas without risk.
  • Portfolio Manager with broker linking for IBKR, tastytrade, Fidelity, and Robinhood.
Tested

Verified by hands-on testing inside Find My Moat

Not yet

Yes

Editor pick

Featured inside curated shortlists

Standard listing

Highlighted

Frequently Asked Questions

Which workflows do SpotGamma and Unusual Whales both support?

Both platforms cover Options & Derivatives, Screeners, and Alerts workflows, so you can research those use cases in either tool before digging into the feature differences below.

Which tool offers a free plan?

Unusual Whales offers a free entry point, while SpotGamma requires a paid subscription. Review the pricing table to see how the paid tiers compare.

Which tool has mobile access?

Unusual Whales ships a dedicated mobile experience, while SpotGamma focuses on web or desktop access.

What unique strengths set the two platforms apart?

SpotGamma differentiates itself with HIRO Indicator: see options activity and estimated hedging impact in real time—down to the second., Equity Hub: proprietary key levels, buy/sell indicators, and alerts across 3,500+ stocks & indices., and Volatility Dashboard: analyze IV across strikes/expirations; identify extremes/mispricing., whereas Unusual Whales stands out for Live options flow across all US options exchanges, with a status indicator so you know the feed is healthy., Dark-pool tape plus ‘Dark Pool Levels’ to surface recent prints and ticker-specific liquidity zones., and Options and stock screeners with filters for premium, volume, open interest, IV rank, and common technicals..

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.