Key Levels

Eden’s Key Levels panel organizes gamma exposure by strike and highlights values traders can use as conditional context. A level may coincide with support, resistance, acceptance, or rejection, but it is not a prediction or instruction to trade.

Open Key Levels in Eden

1. Open Eden and select a supported stock or ETF.
2. Find the Key Levels panel in the ticker workspace.
3. Review spot price, total net GEX, Max reward, Max pain, and the gamma distribution by strike.
4. Left-click a bar to place its strike on Eden’s workspace chart when the chart is visible. If no chart is visible, Eden copies the strike value to your clipboard.
5. You can also right-click a bar and choose the copy action for its strike, then paste the value into an external charting tool.
6. Recheck the panel as the analysis updates during the trading day.

Eden does not automatically sync these values into an external TradingView account. To use them there, copy the displayed price and create a horizontal level manually.

P-Trans (Positive Transition)

P-Trans is the first strike in an ascending run of four positive net-GEX strikes. Exact-zero values are neutral and break the run. Eden may show the transition as unavailable when the current ladder has no qualifying sequence.

In plain language, P-Trans is the bullish trigger level in this workflow. Find the first green bar, then check the next three bars to its right. When all four bars are green, the first bar in that sequence is P-Trans.

Traders may compare price with P-Trans and watch for a break, hold, reclaim, or rejection. Those observations can help form or invalidate a thesis; they do not constitute a bullish signal or recommendation.

N-Trans (Negative Transition)

N-Trans is the first strike in a run of four negative net-GEX strikes when the ladder is scanned toward lower strikes. Exact-zero values break the run, and the transition may be unavailable when no qualifying sequence exists.

In plain language, N-Trans is the bearish trigger level in this workflow. Find the first red bar in the negative sequence, then check the next three bars to its left. When all four bars are red, the first bar in that sequence is N-Trans.

As with P-Trans, the useful question is how price behaves around the value. A sustained move, rejection, or reclaim supplies context for a plan but does not guarantee direction.

Areas of interest (AOIs)

An area of interest, or AOI, is a prominent strike worth watching on the Key Levels histogram. It is not a separate Eden calculation or signal.

Think of the bars as a city skyline. Most buildings are average height, while a few skyscrapers stand out. An AOI is one of those unusually tall positive or negative bars compared with the bars around it.

To mark AOIs:

1. Start at the current spot price.
2. Look above and below price for bars that are clearly taller than the nearby average bars.
3. Mark the closest prominent bar in each direction.
4. Add another AOI only when it creates a useful destination or decision area.

An AOI can act as potential support, resistance, or a destination depending on how price behaves when it arrives. A tall bar does not guarantee a reaction.

Max reward

Max reward is Eden’s label for the strike with the largest positive net-GEX value in the current distribution. Traders can monitor it as an area where hedging context may be relevant.

Its role is conditional. Approaching from below does not guarantee resistance, and trading above it does not guarantee support.

Max pain

Max pain is the verified label in the current Eden interface for the strike with the most negative net-GEX value in the distribution. The legacy source called this value “MaxPaint”; current product code and UI use Max pain.

Treat Max pain as a reference point within the gamma distribution. Price may react, pass through, or establish acceptance on either side.

When a level changes roles

Support and resistance are observations about price behavior, not permanent properties. If price moves through a level and sustains on the other side, traders may treat the former resistance area as potential support—or former support as potential resistance—while waiting for actual price behavior to confirm the idea.

A practical decision framework

1. Note where spot price sits relative to P-Trans and N-Trans.
2. Mark the closest AOI above and below price.
3. Write what a hold, break, reclaim, or rejection would mean before price arrives.
4. Use the next AOI in the confirmed direction as a potential destination.
5. Compare that destination with the appropriate Price Target for the trade’s time horizon.
6. Define the behavior that invalidates the thesis.
7. Refresh the analysis during the session instead of assuming the distribution is static.

The Key Levels panel displays current analytical context. It does not reveal every market participant’s position, promise that a level will hold, or replace position sizing and risk management.

Related article

For the market mechanics and limitations behind the chart, read Gamma Exposure (GEX): A Practical Guide to Entries and Exits.

Interactive example

Watch price interact with P-Trans

Choose a scenario to see how traders may describe price behavior around a transition level. The paths are illustrative and are not forecasts or trade signals.

Hold aboveBreak belowReclaimReject↻♪

Illustrative price pathP-Trans: $100.00

EarlierPrice approaches the levelLater

Choose a scenarioHow does price behave around P-Trans?

The useful information comes from the interaction: whether price holds, breaks, reclaims, or rejects the level.

Illustrative data · Educational context only

Practical decision exercise

Build and invalidate a level-based thesis

Pick a market path. The animation moves through observation, interpretation, invalidation, and the next area to monitor.

P-Trans reclaimFailed reclaimN-Trans breakBetween transitions↻

Illustrative decision mapWaiting for a path

1. 1
   Observe

   Note where price sits relative to both transitions.

2. 2
   Form a conditional thesis

   Define the behavior that would support the idea.

3. 3
   Define invalidation

   Name what would make that interpretation wrong.

4. 4
   Identify the next context

   Monitor the next relevant level without assuming price must reach it.

Choose a market path

Each example demonstrates a process for updating a thesis, not a recommendation to enter a trade.