> ## Documentation Index
> Fetch the complete documentation index at: https://docs.bigdipperoptions.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Median Option Price

> Median option prices across expiry dates and symbols to spot pricing trends and market shifts.

This heatmap shows the distribution of option prices and score values across strikes and expirations for any stock, allowing traders to quickly:

* Pinpoint areas of concentrated liquidity and positioning
* Identify strikes with significant flow (high score)
* See the relationship between option price and score

**Key uses of this view:**

* **Detecting core hedging zones:** Look for areas with both a high score and high price (institutional hedging)
* **Spotting speculative outliers:** Find low-priced strikes with sudden spikes in score (tail risk or speculative bets)
* **Comparing expiries:** Easily contrast pricing dynamics and flow across different expiration dates

## Typical Patterns

| Pattern                                                 | Interpretation                                                   |
| ------------------------------------------------------- | ---------------------------------------------------------------- |
| **High price + high score** (deep green/pink ITM cells) | Core liquidity zones — often hedging activity from institutions. |
| **Low price + mid score**                               | OTM speculative or cheap optionality with meaningful flow.       |
| **Sudden score spike at low price**                     | Speculative positioning (tail bets, upside or downside plays).   |
| **Flat / pale row**                                     | Little to no activity at that expiry.                            |