Mag 7 Live
NVDA$122.67+2.87%|IV52.3▲4.2
AAPL$228.14-0.54%|IV24.1▼0.8
MSFT$420.55+0.52%|IV26.7▲1.1
AMZN$198.32+0.79%|IV31.4▲0.6
META$582.90+1.47%|IV35.8▲2.3
GOOGL$171.22-0.51%|IV28.9▼0.4
TSLA$268.45-2.07%|IV62.1▲5.8
NVDA$122.67+2.87%|IV52.3▲4.2
AAPL$228.14-0.54%|IV24.1▼0.8
MSFT$420.55+0.52%|IV26.7▲1.1
AMZN$198.32+0.79%|IV31.4▲0.6
META$582.90+1.47%|IV35.8▲2.3
GOOGL$171.22-0.51%|IV28.9▼0.4
TSLA$268.45-2.07%|IV62.1▲5.8
Sympathy Manual

The Complete Guide

Everything you need to understand and use Sympathy to gain an edge trading options on the Magnificent 7.

Download PDF Guide

Table of Contents

01What is Sympathy?
02The Contagion Network
03IV Correlation Matrix
04Daily Regime Panel
05Earnings Blast Radius
06Sympathy GEX Levels
07Smart Alerts
08Key Terms Glossary
09Daily Workflow
10Pro Tips

What is Sympathy?

Sympathy is the first tool built specifically to map how the Magnificent 7 stocks (NVDA, AAPL, MSFT, AMZN, META, GOOGL, TSLA) affect each other's options pricing in real-time.

In trading, a "sympathy move" is when one stock moves because of another stock's catalyst. When NVDA rips 5% after earnings, TSLA and AMZN often follow — that's a sympathy move. But it goes deeper than just price. The implied volatility, gamma exposure, and options flow of all 7 stocks are interconnected.

Institutional dispersion trading desks have tracked these cross-stock contagion effects for years. They use this intelligence to position across multiple names before a catalyst hits. Sympathy brings this same intelligence to retail options traders for the first time.

Why This Matters

If you trade NVDA options without checking how NVDA's move will affect TSLA's IV, you're trading with incomplete information. Sympathy fills that gap.

The Contagion Network

The Contagion Network is the centerpiece of Sympathy. It displays all 7 Mag 7 stocks as glowing nodes in a constellation layout. Lines between nodes represent the correlation strength between each pair.

How to read it:

  • Thicker lines = stronger correlation. When two stocks have a thick cyan line between them, they're moving in lockstep.
  • Amber/thin lines = weaker or decoupling correlation. These stocks are moving more independently.
  • Node size reflects the stock's current IV percentile — larger nodes have higher implied volatility relative to their historical range.
  • Pulsing rings indicate the stock is near a key gamma level or has elevated options activity.

Click any node to isolate that stock's connections. This shows you exactly which stocks will be most affected if that stock makes a big move.

IV Correlation Matrix

The 7x7 heatmap shows the implied volatility correlation between every possible pair of Mag 7 stocks. Each cell is color-coded:

  • Bright cyan (0.8-1.0) = Very high correlation. When one stock's IV moves, the other follows closely.
  • Amber (0.5-0.8) = Moderate correlation. Some sympathy but not guaranteed.
  • Dim (below 0.5) = Low correlation. These stocks are moving independently.

Trading application: Before entering an options position on any Mag 7 stock, check its correlation row. If NVDA-TSLA correlation is 0.85, a big NVDA move will likely drag TSLA's IV with it. You can position in TSLA options before the sympathy move arrives.

Daily Regime Panel

The Daily Regime Panel tells you the current state of the Mag 7 ecosystem at a glance. There are three possible regimes:

High Correlation Regime

All 7 stocks are moving together. Macro forces (FOMC, CPI, tariffs) are dominating. A move in any one stock will likely spread to the others. Best for: broad directional plays, index options.

Moderate Regime

Some clusters are correlated, others are decoupling. Typically 2-3 stocks move together while the rest diverge. Best for: selective sympathy plays within correlated clusters.

Dispersion Regime

Each stock is moving on its own fundamentals. Company-specific catalysts dominate over macro. Sympathy moves are rare. Best for: single-name plays based on individual stock analysis.

Check the regime every morning before the bell. It determines your entire approach for the day.

Earnings Blast Radius

When a Mag 7 stock reports earnings, it doesn't just move that stock. The Earnings Blast Radius panel shows you exactly how one stock's earnings report mathematically alters the options pricing of the other 6.

How to read it:

  • The source stock is the one reporting earnings (shown at center).
  • Each target stock shows the expected IV change, historical sympathy move range, and probability of a sympathy move.
  • Red zones indicate stocks that historically drop when the source stock misses earnings.
  • Green zones indicate stocks that historically rally when the source stock beats.

Trading application: Before NVDA earnings, check the blast radius. If TSLA historically moves +3% in sympathy when NVDA beats, you can buy TSLA calls before NVDA reports — capturing the sympathy move at a fraction of NVDA's IV premium.

Sympathy GEX Levels

GEX (Gamma Exposure) measures how much market makers need to hedge their options positions. The Sympathy GEX panel shows three critical levels for each Mag 7 stock:

Put Wall

The price level with the highest put gamma. Acts as strong support. If price breaks below the put wall, selling accelerates dramatically.

Gamma Flip

The price where net gamma switches from positive to negative (or vice versa). Above the flip, market makers buy dips. Below the flip, market makers sell rips. This is the most important level.

Call Wall

The price level with the highest call gamma. Acts as strong resistance. Price tends to get "pinned" near the call wall as market makers sell into rallies.

The sympathy angle: When NVDA breaks through its call wall, the resulting gamma squeeze can trigger sympathy moves in TSLA and AMZN as correlated options flow cascades across the Mag 7.

Smart Alerts

Smart Alerts notify you when a Mag 7 stock approaches a key gamma level that could trigger a sympathy cascade. Available alert types:

  • Gamma Flip Approach — Stock is within 1% of its gamma flip point. Direction could change.
  • Call Wall Test — Stock is testing its call wall. Watch for rejection or breakout.
  • Put Wall Break — Stock broke below its put wall. Selling may accelerate.
  • IV Spike — Implied volatility jumped significantly. Something is happening.
  • Correlation Shift — Two stocks that were correlated are suddenly decoupling (or vice versa).

Alerts are available on the Pro plan. Configure them on the Alerts page.

Key Terms Glossary

Sympathy MoveWhen one stock moves because of another stock's catalyst. Example: TSLA rallies because NVDA beat earnings.
IV (Implied Volatility)The market's expectation of how much a stock will move. Higher IV = more expensive options. IV is expressed as an annualized percentage.
IV PercentileWhere current IV sits relative to its range over the past year. 80th percentile means IV is higher than 80% of the past year's readings.
GEX (Gamma Exposure)The total gamma exposure of market makers across all options strikes. Positive GEX = market makers dampen moves. Negative GEX = market makers amplify moves.
Gamma FlipThe price level where net GEX switches from positive to negative. The most important level for understanding market maker behavior.
Put WallThe strike price with the highest concentration of put gamma. Acts as a strong support level.
Call WallThe strike price with the highest concentration of call gamma. Acts as a strong resistance level.
ContagionHow a move in one stock spreads to affect the options pricing and price action of other correlated stocks.
DispersionWhen stocks that are normally correlated start moving independently. The opposite of contagion.
Blast RadiusThe set of stocks affected by a single stock's earnings report, and the magnitude of the expected sympathy move.
RegimeThe current state of cross-stock correlation. High-correlation regime = stocks move together. Dispersion regime = stocks move independently.

Daily Workflow

Here's how to use Sympathy every trading day:

Pre-Market (8:00 AM)Open Sympathy and check the Daily Regime Panel. Is it high-correlation or dispersion? This determines your strategy for the day.
Pre-Market (9:00 AM)Review the Contagion Network. Which stocks are most connected right now? If you're planning to trade NVDA, check which other stocks will move in sympathy.
Market Open (9:30 AM)Check the GEX levels for your target stocks. Are they above or below the gamma flip? This tells you whether market makers are helping or hurting your trade.
During SessionMonitor your alerts. When a stock approaches a key gamma level, evaluate whether the sympathy cascade could create an opportunity in a correlated stock.
Earnings DaysBefore any Mag 7 earnings report, check the Earnings Blast Radius. Position in sympathy stocks to capture the ripple effect at lower IV cost.

Pro Tips

Tip 1: Trade the Sympathy, Not the Source

Before NVDA earnings, NVDA options are extremely expensive (high IV). But TSLA options that will move in sympathy are much cheaper. Buy the sympathy stock's options to capture the move at a fraction of the cost.

Tip 2: Gamma Flip = Direction Change

When a stock crosses its gamma flip point, the market maker behavior flips from stabilizing to amplifying. This is often where the biggest intraday moves start. Set alerts for gamma flip approaches.

Tip 3: Dispersion = Opportunity

When the regime shifts from high-correlation to dispersion, that's when individual stock analysis matters most. The correlation matrix will show you which pairs are decoupling — these are the stocks where company-specific catalysts will drive outsized moves.

Tip 4: The Call Wall Pin

On expiration days (especially 0DTE), stocks tend to get "pinned" near their call wall as market makers sell into rallies. If your target stock is approaching its call wall on a Friday, consider selling calls rather than buying them.