Ivolution Research Journal · Preregistration

Signed hedging flow -> short-horizon returns

Top-decile 5-minute delta-signed SPY option flow (HIRO/NOF-style) predicts positive SPY returns over the next 5-15 minutes, before decaying and reversing.

FLOW-03 · v1·Proposed·Plausible — unproven·Options flow

Cite as: FLOW-03: Signed hedging flow -> short-horizon returns. Ivolution Research Journal.

Publication status

The study is pre-registered and awaits execution. No result exists yet.

The abstract and product-safe scope metadata are public. Methodology, falsification, limitations, citations, and governed results for FLOW-03 are available to Terminal + AI members.

Symbols

SPY

Regimes

Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day

Horizons

5 min · 15 min · 30 min

FLOW-03: Signed hedging flow -> short-horizon returns — Ivolution Research Journal