Questions And Answers
Frequently Asked Questions
Answers about Vyreon's 64-security measurements: what is free and paid, what unusual means, put/call ratios, open interest and walls, missing values, data sources and what Vyreon is not.
The Product
What Is Vyreon?
Measurements computed every trading day for 64 US stocks and ETFs: implied volatility, skew and term structure, open interest, put/call ratios, realized volatility, relative volume and more, each compared with that security's own history and explained in plain language.
What Will Be Free, And What Will Be Paid?
Each security's page will be free (updated weekly at launch). The paid product is a weekly review of the most unusual readings across all 64 securities, ranked. It starts as a four-issue pilot; see early access.
When Does It Launch?
The engine is running on real data now and building its history. To hear when the free pages and the pilot start, join the email list.
Which Securities Are Covered, And Will You Add More?
The coverage page lists all 64. Tell us what you want added when you sign up; additions follow what readers ask for.
Reading The Measurements
What Does "Unusual" Mean?
Far into the tail of that security's own recent history, for example higher than 95% of the last 126 sessions. It is a statement about the past, not a prediction.
Is A High Put/Call Ratio Bearish?
Not necessarily. Puts are bought as hedges, sold for income and used in spreads; the ratio alone cannot tell which. Vyreon reports how unusual the ratio is for that security and leaves interpretation to you. See put/call ratio.
Does Open Interest Show Where The "Walls" Are?
Not by itself. Open interest counts open contracts; it does not reveal whose they are or whether they are hedged. Vyreon does compute the conventional levels built from it, the call and put walls, max pain and the gamma flip, and states the assumption behind each (for example, that dealers are long the calls and short the puts in open interest). None of them shows that price will be drawn to or repelled from a strike. See gamma exposure, max pain and open interest.
Why Is A Value Sometimes Missing?
Because the data could not support it that day: too few eligible contracts, a provider gap, or a measurement that does not apply to that security. The page states the reason. Vyreon never fills a gap with an estimate.
Why Might A Measurement Here Differ From My Broker's?
Different contracts, expiries, time of day, interest-rate and dividend assumptions, or definitions (there are several "IV rank" formulas). The Methodology states Vyreon's rules.
Using Vyreon
Is This Investment Advice?
No. Vyreon publishes general information that is the same for every reader. It does not know your situation and does not tell anyone what to buy or sell. See the disclaimer.
Can I Trade On It?
You can use it as one input to your own research. Vyreon's founder learned the hard way that measuring market structure is not the same as predicting price; the post-mortem is in Research.
What Happened To The SPY Financial Telemetry Report?
It was Vyreon's earlier forecasting prototype and has been retired. The SPY archive keeps its past reports as a record.
Where Does The Data Come From?
Licensed US market data from Intrinio: end-of-day option chains, intraday option and equity intervals, daily bars, company filings and official economic series. See the Methodology.
How Do I Contact You?
Through the details on the Bio page.