Market Situation Report™
Get an investing edge on the enormous amount of money flowing into options every day, what they’re signaling, and the structural and behavioral trends driving markets higher or lower.
The Market Situation Report™ includes access to a daily newsletter and weekly webcast featuring analysis of the Tier 1 Alpha team's proprietary models.
Inside the Market Situation Report™
Behind the Market Situation Report™
The Market Situation Report™ daily newsletter features:
- Actionable, in-depth analysis of market trends and macroeconomic data, with a focus on Dealer Gamma and volatility term structure, and the explosive use of 0dte Contracts.
- Critical quantitative insights on vol control flows and expected Gamma-derived trading ranges for various asset classes.
- Proprietary modeling of Leveraged ETF flows
- Analysis of market breadth and key macroeconomic indicators
- Highlighting important moments of mechanical buying and selling for users to incorporate into their own process
The rise of quantitative trading strategies – delta hedging dynamics, volatility-controlled rebalancing, and market cap distortions – have altered financial markets forever.
The Tier 1 Alpha team demystifies these new market dynamics. Tier 1 Alpha arms investors with critical tools necessary to successfully navigate these new complexities.
The Market Situation Report™ provides sophisticated analysis and insight for investors of all levels.
Tier 1 Alpha
Tier 1 Alpha was formed to build proprietary models that help investors of all sophistication levels navigate the modern market structure. Through continuous research and development, Tier 1 Alpha is built and presented by investors.
Michael Green
Senior Executive Advisor
Co-Founder/CEO
Craig Peterson
Co-Founder/CEO
David Pegler
© 2025 Hedgeye Risk Management LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.
The Market Situation Report™ weekly webcast includes:
- A robust discussion of the most timely and topical trends impacting financial markets in the weeks to come—through the lens of the options market
- Unique analysis combining Macro, market structure and behavioral asset flows Unique analysis combining Macro, market structure and behavioral asset flows
- Live Q&A between Tier 1 Alpha's team and subscribers
- Analysis of any pending options expiration and it's effect on dealer positioning
Market Situation Report™
Get an investing edge on the enormous amount of money flowing into options every day, what they’re signaling, and the structural and behavioral trends driving markets higher or lower.
The Market Situation Report™ includes access to a daily newsletter and weekly webcast featuring analysis of the Tier 1 Alpha team's proprietary models.
Behind the Market Situation Report™
The rise of quantitative trading strategies – delta hedging dynamics, volatility-controlled rebalancing, and market cap distortions – have altered financial markets forever.
The Tier 1 Alpha team demystifies these new market dynamics. Tier 1 Alpha arms investors with critical tools necessary to successfully navigate these new complexities.
The Market Situation Report™ provides sophisticated analysis and insight for investors of all levels.
© 2025 Hedgeye Risk Management LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.
Automated strategies have taken over the trading floor.
With more than 50% of global trading controlled by computer algorithms and non-discretionary strategies, traditional fundamental analysis is no longer enough.
Navigating today’s financial landscape requires understanding how the machine-driven side of the market can impact your portfolio.
LEVERAGE MARKET STRUCTURE FOR SMARTER INVESTING
What Is Market Structure?
Market structure refers to the machine-driven side of the market. These are non-discretionary strategies and funds that use computer algorithms to make decisions. Market structure can be broken into three main categories:
- Options Market
- Passive Funds
- Systematic Funds
Combined, these represent nearly $20 trillion of investable capital. This part of the market operates with little to no input from traditional fundamental analysis.
Our Edge
We use a Strategic Regime Model to track the feedback loop between:
- The Options Market
- Volatility Systematic
- Equity Flows
As volatility changes, it adjusts equity exposure within systematic strategies. The options market can amplify or suppress these changes. By mapping this interaction, we identify inflection points before large-scale repositioning occurs, giving us a tactical advantage.
Strategic Allocation Built For Markets Dominated By Machines
Common Misconceptions About Market Structure
# 1
While many associate market structure with short-term trading, our research shows the best opportunities lie in the 2-3 week to six-month range. These models are built to capture medium to longer-term flows, not just short bursts of volatility.
"Market Structure is Only for Day Traders"
False
# 2
"You Need to Be a Quant with Coding Skills"
False
You don’t need coding skills or a quant background to use these tools. We’ve done the heavy lifting. Our strategies are designed to fit within a traditional investment framework through structured allocation and disciplined risk management.
# 3
"You Have to Master Market Structure to Use It Effectively"
False
You don’t need to be an expert. A foundational understanding of how market structure impacts flows is enough to start benefiting. With the right tools, you can use these insights to identify key investment regimes and protect against drawdowns.
TRY MARKET SITUATION REPORT™
FREE FOR 30 DAYS
Inside the Market Situation Report™
The Market Situation Report™ daily newsletter features:
- Actionable, in-depth analysis of market trends and macroeconomic data, with a focus on Dealer Gamma and volatility term structure, and the explosive use of 0dte Contracts.
- Critical quantitative insights on vol control flows and expected Gamma-derived trading ranges for various asset classes.
- Proprietary modeling of Leveraged ETF flows
- Analysis of market breadth and key macroeconomic indicators
- Highlighting important moments of mechanical buying and selling for users to incorporate into their own process
The Market Situation Report™ weekly webcast includes:
- A robust discussion of the most timely and topical trends impacting financial markets in the weeks to come—through the lens of the options market
- Unique analysis combining Macro, market structure and behavioral asset flows Unique analysis combining Macro, market structure and behavioral asset flows
- Live Q&A between Tier 1 Alpha's team and subscribers
- Analysis of market breadth and key macroeconomic indicators
- Analysis of any pending options expiration and it's effect on dealer positioning
Tier 1 Alpha
Tier 1 Alpha was formed to build proprietary models that help investors of all sophistication levels navigate the modern market structure. Through continuous research and development, Tier 1 Alpha is built and presented by investors.
Michael Green
Senior Executive Advisor
Craig Peterson
Co-Founder/CEO
David Pegler
Co-Founder/CEO
Tier 1 Alpha
Tier 1 Alpha was formed to build proprietary models that help investors of all sophistication levels navigate the modern market structure. Through continuous research and development, Tier 1 Alpha is built and presented by investors.
Michael Green
Senior Executive Advisor
Craig Peterson
Co-Founder/CEO
David Pegler
Co-Founder/CEO