Institutional Options Intelligence
Crypto Never Had
Every break whispers in the Greeks, the regime, the contagion before it roars in price.
We read the whisper. You're hedged before the roar.
Start with the live dashboard.
Six questions a desk asks before it trades, answered from every Deribit option and refreshed every ten minutes.
Reading 72 hours of Deribit order books…
Open the dashboardRead today's briefingHourly Deribit order books over 72 hours, out-of-the-money options, all expiries, best per strike. White line: spot. Dotted: expiries.
Also live, one question per board: Volatility Landscape, GEX Landscape, Options Thermography, Vol Surface Explorer, Greeks Tectonics, Greek Repositioning and Greek Exposure Projection.
Exchange to verdict, every ten minutes.
Every sentence on the dashboard comes out of this lineage. Around 43 tables, from the venue on the left to the computed state on the right, the same tables the API serves. Hover a node to read the table it stands for. ORIA runs on a clock, nine Waves and six Layers, with a triple hash so quiet repositioning cannot hide.
Scroll sideways to follow the flow →
Deribit is read every ten minutes into raw tables for options, futures and spot; Black-Scholes pricing and 37 Greeks follow, then four layers of intelligence from single options up to the whole coin. The diagram of all 43 tables is on the desktop version of this page.
For those who trade the edge. B2B, from $650 a month.
Licensed to companies: traders, prop desks, funds, hedge funds, market makers, exchanges, family offices and more.
The proprietary layer. Every 10 minutes, the full archive, 1,086 fields.
On the right: the BTC options book over the last 72 hours, out of the money, strike by time, cut every 10 minutes as an Alpha key reads it. White line: spot. Dealer gamma is drawn smoothed over an hour.
What the data said, and how to trade it.
Measured on our own archive, with the query on the page.
Soundings
Our monthly positioning report, on halcyonwaters.com
Trading Strategies
One strategy at a time, from the basics to the trade
Field & Research Notes
Measured findings, with the SQL on the page
Built by market practitioners. Run by Halcyon Waters.
Founder and quant. PhD in astrophysics, fifteen years across prop trading, enterprise risk and bank quant desks. Cayø Largo is built and run by Halcyon Waters sp. z o.o., Wrocław, Poland, KRS 0001245653.
Terms of ServiceService continuity: 60 days notice, full export