VRP Analytics API

curl -H "X-Api-Key: YOUR_API_KEY" \
  "https://lab.flashalpha.com/v1/vrp/SPY"

import requests

resp = requests.get(
    "https://lab.flashalpha.com/v1/vrp/SPY",
    headers={"X-Api-Key": "YOUR_API_KEY"}
)
resp.raise_for_status()
data = resp.json()
print(f"VRP 30d: {data['vrp']['vrp_30d']}%")
print(f"Z-score: {data['vrp']['z_score']}")
print(f"Regime: {data['regime']['gamma']}")

const resp = await fetch(
  "https://lab.flashalpha.com/v1/vrp/SPY",
  { headers: { "X-Api-Key": "YOUR_API_KEY" } }
);
if (!resp.ok) throw new Error(`HTTP ${resp.status}`);
const data = await resp.json();
console.log(`VRP 30d: ${data.vrp.vrp_30d}%`);
console.log(`Z-score: ${data.vrp.z_score}`);
console.log(`Regime: ${data.regime.gamma}`);

{
  "symbol": "SPY",
  "underlying_price": 760.36,
  "as_of": "2026-10-30T13:46:36.3988673Z",
  "market_open": true,
  "vrp": {
    "atm_iv": 15.62,
    "rv_5d": 8.89,
    "rv_10d": 11.3,
    "rv_20d": 10.1,
    "rv_30d": 10.03,
    "vrp_5d": 6.73,
    "vrp_10d": 4.32,
    "vrp_20d": 5.52,
    "vrp_30d": 5.59,
    "z_score": 0.92,
    "percentile": 86,
    "history_days": 239
  },
  "variance_risk_premium": 0.014197,
  "convexity_premium": 4.18,
  "fair_vol": 19.8,
  "directional": {
    "put_wing_iv_25d": 18.66,
    "call_wing_iv_25d": 12.39,
    "downside_rv_20d": 7.28,
    "upside_rv_20d": 2.48,
    "downside_vrp": 11.38,
    "upside_vrp": 9.91
  },
  "term_vrp": [
    {
      "dte": 7,
      "iv": 14.47,
      "rv": 11.3,
      "vrp": 3.17
    },
    {
      "dte": 14,
      "iv": 15.04,
      "rv": 10.54,
      "vrp": 4.5
    }
  ],
  "gex_conditioned": {
    "regime": "negative_gamma",
    "harvest_score": 0.18,
    "interpretation": "Dealers short gamma - rich premium may reflect genuine tail risk."
  },
  "vanna_conditioned": {
    "outlook": "Mixed - vol compression fading",
    "interpretation": "Positive vanna but spot below flip: compression weakening. Reduced harvest confidence."
  },
  "regime": {
    "gamma": "negative_gamma",
    "vrp_regime": "toxic_short_vol",
    "net_gex": -15511562823,
    "gamma_flip": 769.0849,
    "gamma_flip_status": "available"
  },
  "strategy_scores": {
    "short_put_spread": 55,
    "short_strangle": 59,
    "iron_condor": 62,
    "calendar_spread": 28
  },
  "net_harvest_score": 51,
  "dealer_flow_risk": 42,
  "warnings": [
    "negative_gamma"
  ],
  "macro": {
    "vix": 17.2,
    "vix_3m": 19.37,
    "vix_term_slope": 1.1262,
    "dgs10": 5.05,
    "hy_spread": 3.14,
    "fed_funds": 3.75
  },
  "endpoint_version": "2026.09.30",
  "data_as_of": {
    "node": "fa5",
    "equity_feed": "2026-10-30T13:46:35.754Z",
    "equity_options_feed": "2026-10-30T13:46:34Z",
    "index_feed": "2026-10-30T13:46:35.112Z",
    "index_options_feed": "2026-10-30T13:46:34Z",
    "futures_feed": "2026-10-30T13:46:35.496Z",
    "futures_options_feed": "2026-10-30T13:46:30.458Z",
    "flow_feed": "2026-10-30T13:46:00Z",
    "oi_feed": "2026-10-29T20:00:00Z",
    "macro_feed": "2026-10-29T21:00:20Z"
  }
}