DEEPGAMMA SESSION
Wednesday, November 11th
Gamma doesn’t tell you where price goes.
It tells you how price moves when it gets there.
Amplifying hedging → moves extend. Volatility expands.
Positive gamma → moves get absorbed. Price gets pinned.
Wednesday, November 11th’s DeepGamma session showed both, in that order ↓
DEEPGAMMA SESSION
Tuesday, November 10th
Gamma doesn’t tell you where price goes.
It tells you how price moves when it gets there.
Amplifying hedging → moves extend. Volatility expands.
Positive gamma → moves get absorbed. Price gets pinned.
Today’s DeepGamma session showed both, in that order ↓
Gamma doesn’t tell you where price goes.
It tells you how price moves when it gets there.
Negative gamma → hedging can amplify moves. Volatility expands.
Positive gamma → hedging can dampen moves. Price gets stabilised.
Monday, November 9th’s DeepGamma session explored both sides of the gamma equation ↓