Contributor, Benzinga
June 3, 2024
MenthorQ
Overall Rating:
securely through MenthorQ's website

If you’re an active investor seeking access to institutional-grade data and analytics, Menthor Q is your perfect choice. The platform leverages Big Data and AI to help investors swiftly analyze extensive and complex market data, gain actionable insights and stay ahead in the financial market to let you refine their trading strategies.

Menthor Q leverages the same approach used by large institutions: use a data driven approach, simplify complex data and create actionable insights.

Menthor Q has developed data and an indicator to better identify market reaction zones that will increase your precision in identifying trends, reversal areas, and take profit targets.

The platform aims to make the financial market accessible and understandable for diverse traders. You can access Menthor Q’s basic features for free. However, its more advanced services are available for premium membership and include a 7- day free trial to experience the full benefits.

Best For
  • Beginner option traders
  • Futures traders
  • Stock traders
  • Active investors or traders seeking data-driven models
Pros
  • Access to high-quality, institutional-grade data
  • Actionable signals based on big data and AI for improved performance and efficient risk management
  • Intuitive and user-friendly interface
  • Robust educational resources
  • Round-the-clock and efficient customer support
Cons
  • While basic features are accessible for free, beginner and undercapitalized investors may find the advanced services offered through our premium memberships particularly beneficial
  • Novice investors may find Menthor Q’s advanced analytics and data-driven approach overwhelming or difficult to understand

MenthorQ Ratings at a Glance

Menthor Q Features
Menthor Q Pricing
Menthor Q Supported Assets
Menthor Q Customer Service
Menthor Q User Experience
Menthor Q User Benefits
Menthor Q Security
Menthor Q Overall

Menthor Q Features

Menthor Q provides a comprehensive range of features to help traders of diverse levels optimize their trading strategies and improve performance over time. These include:

Gamma and Volatility Levels

You can access gamma and volatility levels on stocks, exchange-traded funds (ETFs) and indices. They serve the same purpose as gamma levels on futures. In addition to monitoring the market makers' gamma exposure (GEX) across key levels, both models let you access indicators such as daily expected move, option volumes and open interest, put call ratios, delta exposure (DEX), and net GEX levels. You can also access 0DTE levels and Options Skews.

These indicators enable you to gauge market sentiment, identify potential price movements, and make informed decisions when crafting your option trading strategies. Knowing how market makers hedge their books and the gamma level in the market allows you to identify key levels and sticky strike prices that are useful in creating directional strategies or options spread trades. 

On TradingView or NinjaTrader, the indicators let you tap into real-time data and plan your strategy before market opening, facilitating expedited decision-making and monitoring. You can also monitor key primary levels, including call resistance and put support, which is the baseline for market analysis. A break below or above these levels can alter volatility and market positioning. 

Gamma Levels on Futures

The "Gamma Levels" on futures denotes the degree to which an option's gamma changes in response to the price of the underlying futures contract. It represents significant price thresholds with notable negative or positive gamma, as determined by market positioning and open interest. Menthor Q's gamma models on futures options empower you to quickly and confidently pinpoint reaction zones around key price levels, facilitating efficient risk management. 

It can help you identify key entry and exit levels for improved precision, prepare for potential market swings by anticipating upcoming volatility and understand the market sentiment (bullish or bearish).

Understanding gamma regimes (negative and positive) is crucial for crafting winning option trading strategies, as market makers hedge differently in each regime, directly impacting intraday price movements and trends. The model provides insights into market positioning across forex, commodities, indices, bonds, and metals.

0DTE Levels 

Zero Days to Expiration (0DTE) options can have a significant impact on the markets due to their unique characteristics and the behaviors they encourage among traders and market participants. 

You can now access Key Gamma Levels and Q-Models for stocks, futures and indices with 0DTE options via the Menthor Q Platform.

TradingView and NinjaTrader Integration 

Menthor Q data can now be integrated into a variety of trading platforms, enhancing your trading experience with seamless access to real-time actionable insights and advanced analytics.

TradingView is a globally renowned dynamic charting and analytical platform that blends limitless flexibility and customizability with unparalleled functionality and ease of use. In addition to its comprehensive technical and analytic tools, the platform provides screeners for diverse assets (stocks, forex and crypto), an efficient alert system and a vibrant trading community for knowledge-sharing.

Menthor Q supports integration with TradingView. When you sync Menthor Q-Level Indicators with TradingView, you supercharge your market insights and trading prowess, enabling you to conquer the markets.

NinjaTrader’s award-winning trading software is consistently voted an industry leader by the trading community. Featuring 1000s of Apps & Add-Ons for unlimited customization, NinjaTrader is used by over 500,000 traders for advanced market analysis, professional charting and fast order execution.

You can now leverage the power of Menthor Q Data and insights within the NinjaTrader platform and receive access to real-time futures data, advanced charting, trade simulator and strategy development and backtesting.

Q-Levels are key zones derived from quantitative analysis that empower you to pinpoint accuracy vital for making enhanced trading decisions. They also facilitate real-time analysis via live updates and real-time alerts, ensuring you seize every trading opportunity without delay. Integrating them with TradingView, the most advanced charting application, unlocks a powerful combination that boosts your market analysis and trading decisions. You can deploy Q-Levels on S&P 500 (ES), Nasdaq 100 (NQ), and Russell 2000 (RTY) futures contracts amongst over 1000+ assets including Stocks, ETFs, Indices, Futures and Crypto.

Options Greeks

Options Greeks assesses the sensitivity of an option's price to changes in various factors such as price, time, and volatility. Understanding how to read the option Greeks is essential to excelling in options trading. It can help you hedge against market volatility, evaluate the time value of a position, manage risks, and create a strategy that has a desired exposure to the underlying asset's price. The table below provides an overview of each option Greeks and their corresponding measurement.

Option Greek Measurement
Delta (Δ)Sensitivity of option price to changes in the underlying asset’s price
Gamma (Γ)Rate of change of Delta
Theta (Θ)Impact of time decay on option price
Vega (ν)Sensitivity of option price to changes in implied volatility
Rho (ρ)Sensitivity of option price to changes in interest rates

The option matrix provides access to simplified monthly option chains, including the Greek's exposure, key levels, open interest, and volume by strike. Menthor Q's model provides a detailed Greek profile, including the absolute and net gamma per strike with green and red color indicators for "call" and "put" gamma, respectively. Observing the changes in gamma at different levels can help you determine a bullish or bearish market. 

In addition to the options matrix, the main chart offers historical and forward-looking gamma and delta exposure, which yields actionable insights into the underlying price action when compared with volatility and spot price.

Quant Models 

Quant models (or quantitative models) are mathematical frameworks that rely on quantitative analysis, statistical techniques, and mathematical computations to evaluate market behavior and forecast trends. These models often incorporate large datasets (historical and real-time) and complex algorithms to identify market patterns, correlations and anomalies. The Menthor Q-Models are four advanced quantitative models that utilize data from the options chain and other sources to analyze market positioning and sentiment. 

These models can help you develop more efficient trading strategies, automate trading, minimize risks, and boost profitability. Menthor Q helps you to integrate the model into your options trading routine via simple visualization and charts. Examples include the Momentum model, which predicts market direction by analyzing price or volume acceleration, and the CTAs (Commodity Trade Advisors) model, which profits from price trend fluctuations in regulated liquid markets using futures strategies.

Free Daily Report

Every morning, you'll receive an update from Menthor Q research team, covering macro trends, market positioning, and key market-moving themes. The goal is to equip you with essential insights, actionable data, simplified options information, and access to a community platform, facilitating informed decision-making and enhancing trading strategies. Inside the daily report, you'll find: 

  • Daily notes
  • Data and Models
  • Simplified options data and 
  • Access to the platform's free Discord server

Upon signing up to the mailing list, you can receive the daily report via email. Additionally, you can access it via the free Discord server.

Momentum and Options Screener

In addition to the gamma levels and models, Menthor Q provides momentum and option screeners. These powerful tools swiftly identify market-moving opportunities by scanning thousands of stocks daily, pinpointing those with strong market momentum, and synergizing technical analysis with options data to elevate your trading. 

Selecting stocks that meet specific criteria saves time and effort, enabling you to uncover potential investment opportunities that traditional research or news may overlook. The selection process relies on quantitative data, eliminating emotional biases and leading to more objective and rational investing decisions. You can also utilize the screener to identify trending stocks based on quantitative factors and momentum.

Trading Room and Community

Menthor Q's premium membership also grants you access to its community of over 60,000+ traders. The community offers beginners, intermediate, and experienced traders a supportive environment to interact, gain insights and learn from seasoned professionals with years of market experience. Within the community, Menthor Q professionals conduct daily market analysis, offering guidance on effectively utilizing Menthor Q data and models to enhance your trading strategies. 

There are six trading rooms, each serving different purposes and traders with various strategies. For instance, the futures trading room focuses on futures contracts, notably ES, NQ and CL, and is ideal for future traders. In the scalping room, traders focus on identifying daily momentum and scalping opportunities, while swing traders look for long-term income strategies by assessing volatility in the swing trading room. The Iron Condor Room looks at Levels for traders who are looking for premium and selling options credit spreads on 0DTEs options.

Discord AI Bots 

AI has become a cornerstone of modern technology thanks to its widespread applications. AI Technology can help you gain insights from large datasets to improve trading efficiency and accuracy. Menthor Q Discord AI Bots provide market data and insights in an easy format that facilitates informed decision-making. It places all Menthor Q advanced models at your fingertips and lets you access data fast and without hassle. 

For instance, via the Query Bot, you can request data on stocks, futures, ETFs and indices, query key levels on companies like Tesla, access the Net GEX Chart on Microsoft and download the option matrix of Amazon. You can access 50+ commands to get the data you need in real-time. These bots will also automatically post content on dedicated channels on different assets or models.

Academy and Educational Resources 

Menthor Q offers comprehensive and expertly designed courses through its academy, focusing on advanced technical analysis and options trading. With over two decades of expertise in the financial market, these courses are designed to help you effectively utilize Menthor Q’s data and navigate the complexities of trading.

The course content is thorough and insightful, covering topics such as momentum trading, interpreting the Greeks, mastering volatility analysis, developing advanced options trading strategies, and managing risk and profitability. 

Additionally, you'll have lifetime access to the course materials and continuous support from the Menthor Q Team, ensuring your learning journey extends well beyond the classroom. Leveraging these resources will enable you to maximize the potential of Menthor Q’s data in your trading endeavors.

You can also leverage Menthor Q's robust educational resources, which include articles, guides, and webinars, to deepen your understanding of the financial markets and options trading

Menthor Q Pricing

Menthor Q offers both freemium and premium memberships. Freemium membership requires no credit card but grants access to limited features, including a free daily report, daily research, free access to guides, video lessons and webinars and access to the Free Discord server. The platform reserves its more advanced features for premium memberships. 

These encompass its proprietary quant models, option screeners, trading rooms, Discord bots, premium Discord server, Options Models and key gamma levels on Stocks, ETFs, Indices and Futures. 

You can choose between a free plan and premium membership options, available with monthly or annual pricing plans. Each premium membership includes a 7-day free trial, allowing you to experience the full benefits before committing. 

The premium plans range from $39 to $89 per month, offering flexibility to suit your needs. Additionally, you can opt for an annual subscription, with costs ranging from $349 to $799 per year, providing further savings and benefits.

If you can afford it, consider the annual offer; it is more cost-efficient long term. Benzinga readers enjoy an additional 20% discount, which further reduces the pricing significantly. To redeem this discount, use Coupon Code: BENZINGA at checkout. Menthor Q delivers its membership via Discord. The acceptable payment methods include Stripe, Visa, Mastercard and Paypal.

Menthor Q Supported Assets

Menthor Q supports a variety of assets, including stocks, ETFs, indices and futures providing comprehensive analysis for each. You can access data and insights for popular stocks like Tesla and ETFs like SPY or futures like ES, NQ or CL. Menthor Q also caters to index traders. The platform is expanding its offerings to include cryptocurrencies in the near future, providing traders with even more opportunities for diversified trading strategies. The table below gives a clear overview of the different asset types and some examples within each category supported by Menthor Q.

Asset TypesExamples 
StocksAMZN, AAPL, MSFT
Stock Options Options for AMZN, AAPL, MSFT
ETFsSPY, QQQ, IWM, DIA
IndicesS&P 500, Nasdaq, Russell 2000, VIX
Commodities Crude Oil, Natural Gas, Corn, Soybeans, Wheat
Metals Gold, Silver, Platinum, Copper
Bonds2Y, 5Y, 10Y, 30Y Treasury
Forex EUR, GBP, JPY, AUD, CAD, CHF
Futures ES, NQ, RTY, CL, GC, ZN, ZC 
Crypto CurrenciesBTC, ETH

Menthor Q Customer Service

You can contact Menthor Q's support team via Email, Discord channel or WhatsApp to ask questions about its data, services, and educational content or resolve account setup issues. The highly professional support team is readily available 24/7 to attend to your needs. An equally efficient approach is via self-service, which involves navigating to the FAQ section and searching for answers to your query—specifically those related to membership and general services. 

Suppose you want to gain in-depth knowledge of option trading or get a comprehensive understanding of the platform, its features, essential tools, and more. In that case, the academy and educational guides are your best bet. 

Menthor Q also maintains an active presence on X, where it consistently provides traders with daily data-driven updates. This provides an alternative means of connecting with the team and asking your questions. The platform has an excellent Trustpilot rating of 4.7/5. Comments were overwhelmingly positive, reflecting an impressive product offering and customer experience. 

Menthor Q User Experience

Menthor Q's platform offers an excellent user experience thanks to its intuitive and beginner-friendly interface. The website layout is neat and well-organized for easy access to information, contributing to a positive user experience. Signing up is easy, hassle-free, and takes less than a minute. You can access a few of the features for free. However, to access the most advanced features, you need premium membership. Even at that, Menthor Q will allow you to explore the services for seven days to see if you like them before paying.

That said, Menthor Q's array of tools or features further enhances its users' appeal. These include the quant models, gamma and volatility levels, option screeners and more. The platform's academy program and educational resources are designed to equip you with the strong foundation necessary to succeed in the options market and attain financial freedom.

Menthor Q User Benefits

Menthor Q's data-driven approach provides real-time insights into market trends and dynamics. This empowers you to make informed decisions and seize lucrative trading opportunities across diverse asset classes, from stocks and ETFs to commodities and futures.

Its user-friendly interface and intuitive tools streamline the trading process, facilitating fast decision-making essential for swift and efficient trade execution. Additionally, its robust academy, educational resources and supportive community ensure you're equipped with the knowledge and skills needed to excel in the ever-evolving financial markets, ultimately paving the way for your success and financial independence.

Menthor Q Security

Menthor Q is not a broker or broker-dealer and cannot access your funds. The platform recognizes the importance of robust online security in today's dynamic digital landscape, where cyber threats from sophisticated underworld actors continue to evolve. It employs standard encryption and security protocols to safeguard information at rest or in traffic across its networks. This prevents unauthorized access to user's personally identifiable information (PIS) and other sensitive data by malicious actors. 

Menthor Q fully complies with data protection laws in all its operational jurisdictions, ensuring that user data is protected and privacy is upheld. The platform will never share or sell your data to a third party except if consent is given in line with judicial orders. You can review the company's privacy policies to grasp its approach to protecting your data and your responsibilities.

Menthor Q Overall

Menthor Q stands out as a comprehensive platform offering advanced analytical tools and insights for options traders across various asset classes. With a user-friendly interface and cutting-edge AI technology, it empowers traders to make informed decisions and seize profitable opportunities. 

The platform's academy and educational resources ensure continuous learning and skill development, while its supportive community fosters collaboration and knowledge-sharing among diverse traders. Overall, Menthor Q provides a dynamic environment where beginners, intermediate and experienced traders can thrive and succeed in the ever-evolving financial markets.

Menthor Q vs Competitors

Menthor Q's potential competitors may include Spotgamma, Gamma Edge or Tradytics.

Nevertheless, Menthor Q stands out among these trading platforms by leveraging AI technology and big data to deliver real-time insights and analysis, which fuels accurate decision-making and fast execution. Its emphasis on continuous learning, community engagement and knowledge-sharing further enhances its competitive edge, fostering a collaborative environment where traders can thrive and succeed.

Menthor Q Tutorial

Frequently Asked Questions 

Q

Does Menthor Q offer a refund policy?

A

No, the platform offers a 7-day free trial, so you can explore the premium features and see if you like them. If you do not cancel before the trial period ends.

Q

What is the duration of access to the MenthorQ Academy?

A

Upon enrolling, you’ll enjoy lifetime access to the academy materials.

Q

Does Menthor Q have a mobile app?

A

No, Menthor Q currently has no mobile app.

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