Flashalpha

What Flashalpha does

Flashalpha exposes FlashAlpha options analytics through MCP. The service is useful for examining how options positioning may relate to price levels and for calculating common option sensitivities.

Its market-data tools accept an underlying symbol. flashalpha_gex returns net gamma exposure, a gamma-flip level, and call and put gamma by strike. flashalpha_levels focuses on three derived reference points: the gamma flip, call wall, and put wall. flashalpha_iv provides an implied-volatility summary, including IV rank and IV percentile, with current or underlying IV when available.

For calculations that do not require an underlying symbol, flashalpha_greeks accepts spot price, strike, days to expiry, volatility, and option type. It returns Black-Scholes greeks such as delta, gamma, theta, and vega, along with higher-order greeks when returned by the service.

How it works

The hosted MCP endpoint is:

https://gateway.pipeworx.io/flashalpha/mcp

A client can register that URL as an MCP server. The endpoint lists the Flashalpha tools and also includes shared Pipeworx meta-tools. Those shared tools include ask_pipeworx, which can route natural-language questions across the wider Pipeworx catalog, plus discovery, search, and memory functions.

The full Pipeworx endpoint is also available at https://gateway.pipeworx.io/mcp. Both endpoints use the same gateway; the Flashalpha URL lists this pack directly, while the full URL lists tools from the broader catalog.

A local alternative is the @pipeworx/mcp-flashalpha npm package. MCP clients start it with npx, and it forwards requests to the hosted endpoint, so the local mode still requires network access.

Setup and configuration

Hosted configuration can point an MCP client at the URL above. For local stdio use, configure the command as follows:

{
  "command": "npx",
  "args": ["-y", "@pipeworx/mcp-flashalpha"]
}

The Flashalpha tools accept an _apiKey argument in their examples. The local bridge can instead use PIPEWORX_API_KEY as its gateway credential. Anonymous use is limited to 50 calls per day; a free account raises the limit to 200 calls per day. Set PIPEWORX_META_TOOLS=1 when the local process should also list the shared Pipeworx tools.

For environments using an HTTPS proxy, newer Node.js releases can use the proxy when NODE_USE_ENV_PROXY=1 is set.

Tools and capabilities

• Query gamma exposure by strike with flashalpha_gex.
• Retrieve gamma flip, call-wall, and put-wall levels with flashalpha_levels.
• Review IV rank, IV percentile, and available current IV data with flashalpha_iv.
• Calculate Black-Scholes option greeks with flashalpha_greeks.
• Ask the Pipeworx gateway to select and invoke a relevant tool through ask_pipeworx.

Limitations and notes

This is an independent, unofficial integration rather than a FlashAlpha-published or endorsed client. The local package has no offline mode because it forwards calls to the gateway. Pack endpoints currently include shared gateway meta-tools, so the tool list can be larger than the four Flashalpha-specific tools. Calls require a suitable API key for the relevant access level, and the service's responses determine which higher-order greeks or IV fields are available for a request.