AN UNREAD MARKET DOES NOT STAY BLANK

Your brain fills the gap.Compass puts something real in it.

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Free and ungated: today's close, every day, including the days the board was wrong.

THE BOARDS AT THE OPEN09:31 ET · FRI 11 SEP
SPX
the institution
COMPRESSED
2.53 strikes/hr
SPY
the tape
AMPLIFIED
2.30 strikes/hr
QQQ
the concentration
COMPRESSED
1.65 strikes/hr
MEASURED · 12 MONTHS, EACH ON ITS OWN PRODUCT
WHAT COMES BACK

You can act on what you already know.

Every read it carries is on one page, with what it has actually done since, and a bench that keeps testing them after they ship.

COMPRESSTAPE moving 1.1FLIP 774.73
★ Raw King▸ Action Area
Spot 776.59
780
$34.5M
779
$71.8M
778
$59.6M
777
$166.5M
776
$79.4M
775
$71.0M
774
$24.6M
773
-$8.7M
772
-$29.4M
771
-$8.6M

Teal absorbs, grey amplifies. The regime is the running total up to price, not any single colour.

ACTIVE ACTION AREA
773–774
SPOT
776.59
▲ Above · 3.09 pts
AA: call-heavyBook: put-weightedStableMV 2/3
Structure 773 potential false floor · 774 positive cap · Raw King: 777
ABOVE 773–774
Price is above 774, the upper boundary.
Below 776 (0.59 away, GK) → 775
Above 777 (0.41 away) → 778
WHAT TO WATCH
Accepted through the zone.
Watch hold or retest above 774.
READPositive gamma at this price. Dealer hedging works against the move. Range tends to compress.
BALANCEThe board balances at 776.36, level with price.
TAPEMoving efficiently, levels holding. Agrees with the book's lean.
OPEXMonthly expiry in 6 sessions. Positioning concentrates into it.

Inside the product, every read carries its full statistics: the rate, the sample size and the band around it. A percentage without those two things is decoration.

Illustrative values, in the product's own vocabulary.

A wide day and a quiet day are not the same trade, and most people size them the same. Compass measures how much room the board in front of you has, before anything is on. That sets your size and your stop, which is where the money actually is.

WHAT NOBODY ELSE SHIPS

Every tool shows you how big a level is. This one tells you what price did there.

Hover any strike and Compass gives you the sequence. First time here today, twenty three minutes so far. It broke up through here earlier and price is back on it, seven minutes so far. Fourth time here today, and it held the first three.

A level that has held three times and is being tested a fourth is a different trade from a level nobody has touched. It is the same public option chain everywhere you look. What happened when price actually met it is the part nobody else keeps.

The ladder and the card, side by side.
TWO KINDS OF TRADER

The Compass reads today. The Telescope reads the distance.

Same board, same positioning, two horizons. Which lens matters is not a preference, it is a measurement, and it changes with how long you intend to hold.

THE MAP · THE SCREEN YOU TRADE BESIDE

The Map is the read.

The live map, the Live Card and the ladder. Everything else in Compass exists to support or check it.

WHICH LENS CARRIES THE WEIGHT
DAYS HELDGEXVEXCHEX
0 to 21.000.101.00
3 to 70.550.550.40
8 to 300.201.000.10
over 300.050.350.02

Inside two days, gamma and charm carry the weight and volatility carries almost none. CHEX is a day trading lens and the documentation says so.

INSIDE THE TELESCOPE

Write down what you think, before you know how it turned out.

A strike, an expiry, a target, and your reasons. Set it and it is sealed. No entry price, no size, no profit or loss, on purpose.

The scorecard groups your closed poses by the reason you gave rather than by the symbol, which lets it answer a question no indicator can.

Set one yourself, no account needed
THE DISTINCTION

Friction is a property of the board. Movement is your call.

Friction is real and it is physical. Size parked at a strike, a boundary with absorption behind it, a gate that has to be cleared. It is directional, because what sits above price is rarely what sits below it.

What price does about that friction is the second question, and it is yours. Heavy structure above price tells you where price will meet something.

Compass draws you the terrain and you choose the route.

The forward map. Where the heaviest level sits, expiration by expiration.
WHAT YOU GET

The most useful sentence is on screen before anything happens.

A typical hour on a board like this one has run about twice as far as it would on a quiet one. That is not a forecast. It is what boards in this state have actually done, measured across a full year on one product, then measured again on a second and a third without letting either borrow the first answer.

Same chart, same entry, different day. On a compressed board you get paid in halves and you stop reaching. On an amplified one you give the trade room or you do not take it.

Most of what people call a bad entry is a good entry sized for the wrong field.

THE PRODUCT

Six rooms, one read

Each answers a different question about the same positioning. In the product's own words:

  • MapThe Map is the read.
  • ChestWhat you kept. Save it now, write about it later.
  • TelescopeThe Compass reads today. The Telescope reads the distance.
  • LogbookEvery read it carries, and what each one has actually done since.
  • Engine RoomWhere you check the tool's work, and watch what it is trying next.
  • Legend135 terms, generated from the software, so it never drifts out of step with your screen.

Gamma is price, vanna is volatility, charm is the clock. Three different reasons a dealer has to trade.

WHY BELIEVE IT

Every read on the screen had to survive the bench

There is a bench inside the product. It runs studies overnight, and members open it and watch what is being tried. Under Test in the Logbook shows the reads still being measured, before they are allowed to say anything.

A read reaches the screen only after forty logged live events. Under that bar it shows a count and no rate, because a percentage built on tens of events is a rumor whichever way it points.

One example of what the bench is for. An amplified board, price under the Action Area, a put-weighted book, the heaviest node just above price with thin air behind it. Every part of that reads as a clean short. We wrote it down before measuring it, then ran it across hundreds of anchors against two thousand shuffled controls, and price ran further the other way.

So Compass draws that shape as friction and leaves the direction to you, and now it can say why with a number behind it.

See the finding in full

It tells you when the tape is fast and going nowhere

That is where accounts give back a week, and it is close to invisible from the inside, because a fast tape feels like opportunity while it is happening.

It has the largest sample of anything we measure, and it is on the screen to keep you out of it.

Nobody can copy a year of outcomes

A screenshot is worth the same on day five hundred as on day one. A record is worth more every day.

One paragraph closes every session, written from the session Compass recorded, in the same voice on the days the board read the day long as on the days it was right.

The board opened amplified. A typical hour on an amplified board has run more than twice what today ran. Slower than the board suggested. The board read the day long.

A compass does not tell you where to sail.
It tells you which way north is.

WHAT CHANGES

Same chart, same account, a person who can read it.

  • The entry, the timing and the size were always yours. What changes is that you make them from the market in front of you instead of from whatever your brain put there.
  • Every number sits under the product it was measured on.
  • The Record carries the failures at the same volume as the findings, and the bench keeps testing after a read ships.
Ask Compass. It reads the screen in front of you and nothing else.
WHO IT IS FOR

Built for serious traders

Whether you trade the index options, the liquid single names, or carry the index read into futures and prop, TRT Compass provides dealer-positioning context without generating signals.

Three Needles. Three boards on one scale, and it says plainly whether they agree.

Coverage runs across index products and around twenty liquid single names, with the roster still growing. The measured reads fire on SPY only, because every one of their numbers was measured on SPY, and a number measured on one product is not a number about another.

WHAT IT COSTS

Private Beta Pricing

Two subscriptions, not one. Both are stated below.

$99/month

Includes all TRT Compass beta features.

Free for the first 30 days.

Plus a ThetaData subscription

Bought from ThetaData and billed by them at their own rate, on top of the $99. It is not included, we do not resell it, and TRT Compass does not run without it.

  • The Map, with live Action Areas
  • The reads strip and the Logbook
  • GEX, VEX and CHEX lenses
  • Chest and Telescope
  • Ask Compass
  • Three Needles and the Positioning Ladder
  • Engine Room and Legend
  • Your own access key
Join Private Beta

Private Beta

The price you join at is the price you keep.

$99 a month holds for as long as your subscription stays active, including after the public release, when the price for new members goes to $175.

REFERENCE

Frequently Asked Questions

How do I join the private beta?+

Submit the application on this website. Applications are reviewed manually. Accepted applicants receive a private Whop checkout link, their own access key, and instructions for joining the TRT Compass Discord community.

How much does TRT Compass cost?+

There are two costs and you should plan for both. TRT Compass Private Beta is $99 per month, paid to us. A ThetaData subscription is required on top of that, bought directly from ThetaData and billed by them at their own published rate. We do not resell it and we receive no part of it. TRT Compass does not run without live ThetaData access, so if the second subscription is not something you want, this is not the right tool for you. If you join during the beta, your $99 rate holds after the public release for as long as your subscription stays active.

Requirements+

Windows 10 or 11 or macOS, a stable internet connection, and your own ThetaData subscription. Both Options Standard and Options Pro work with TRT Compass; the FAQ below explains the difference. ThetaData is purchased directly from ThetaData at their current published rate, it is not included with your TRT Compass subscription, and we receive no part of it.

Which ThetaData plan do I need?+

Both Options Standard and Options Pro work with TRT Compass, and nothing is locked, disabled or degraded on Standard. ThetaData publishes second-order greeks directly only on Pro; on Standard, Compass calculates them itself from the implied volatility Standard includes. We measured what that costs before offering it: across three symbols and all three lenses, the largest level was the same every time, the ten biggest levels were the same strikes, and the ladders matched to better than 99.7 percent. If you want figures identical to ThetaData's, choose Pro. If you want the same map for half the monthly cost, Standard is a real choice and we would not offer it if we had not checked it. We confirm the right plan for your setup during onboarding.

What exactly is an "Action Area"?+

It is the structural area of dealer positioning most likely to influence price right now. TRT Compass identifies it, shows how price is interacting with it, and lets you trace it back to the raw positioning underneath in the Engine Room.

What are the reads, and why do they only fire on SPY?+

The reads are named, measured conditions: MORNING PUSH, THE FAST TAPE and LATE PUSH, plus THE GRIND and the NET CROSS. Each fires only inside the window it was measured in. Where a read has earned a percentage it carries that percentage, its sample size and the band around it. Where it has not, it carries the condition and nothing else. LATE PUSH is the clearest case: it is MORNING PUSH's own condition after 3pm, the measurement comes out the other way, and it will not borrow the morning's number. One read was retired in August when its published figure did not survive re-measurement. The Record carries what is left after that. They fire on SPY only because every one of those figures was measured on SPY, and a number measured on one product is not a number about another. On other symbols the field, flip, tape and net keep working, because those are measurements of the board in front of you rather than borrowed statistics. The field on QQQ now stands on QQQ's own full-year measurement, added the moment it existed and not a day before.

Does TRT Compass generate buy or sell signals?+

No. Open interest records that a contract exists at a strike. It does not record who bought it, and every directional claim depends on knowing which side a dealer ended up holding. A tool that gives you a direction from that data is not measuring something, it is assuming something and not telling you. Compass describes the board, states its assumption once, publishes the arithmetic, and leaves the trade to you. Action Areas earn attention. They do not automatically earn capital.

Is Mac supported?+

Yes. macOS is supported, with separate builds for Apple Silicon and Intel. Windows 10 and 11 are supported as well.

What is Whop?+

Whop is the third-party membership and payment platform used to manage TRT Compass subscriptions and Discord access.

Is Discord access included?+

Yes. TRT Compass Beta includes access to the private TRT Compass support channels and the broader The Realized Traders community at no additional charge.

What support is included?+

Beta members receive guided onboarding, installation and ThetaData connection assistance, product troubleshooting, release updates, Discord support access, and organized channels for bugs and feedback. Support covers setup, functionality, terminology, and product use. It does not include trade alerts or financial advice.

How do I manage or cancel my membership?+

Membership and billing are managed through your Whop account. Cancellation prevents the next renewal, and access continues through the period already paid for, subject to the applicable membership terms.

Ready to know which board you are on?

Join a limited group of traders helping shape TRT Compass before public release.

$99/month + ThetaData subscription required