Guys, we haven't launched any token.
Don't trust any contract, website, or anything related to a token claiming to be from our protocol.
Any official updates will always be announced on our social media first.
We love you all, stay safe ❤️
What's gamma?
Gamma measures how much an option's delta changes when the underlying asset moves.
Think of it as your option's acceleration: if the asset goes up by $1, gamma tells you how much delta will increase or decrease.
A high gamma means your exposure can change very quickly. Small moves in the market can suddenly make your option much more sensitive to future price action.
For both calls and puts, long options have positive gamma: when the market moves in your favor, your delta increases. When it moves against you, your delta decreases.
Gamma is usually highest for at-the-money options and becomes even more intense as expiration approaches. That's why short-dated options, especially 0DTEs, can experience explosive swings in value.
Deep in-the-money and far out-of-the-money options tend to have lower gamma, making their delta more stable.
As expiration approaches and the market moves, gamma changes constantly, making your exposure accelerate or slow down over time.
Think of gamma as the force that controls how quickly delta reacts to price movement.
Want leverage and asymmetric upside? Just remember: direction is only one piece of the trade.
...and where are you gonna use all this alpha you just farmed?
Yep. Longbow 🏹
Join the waitlist: https://t.co/L5rEhBp1VV
What's gamma?
Gamma measures how much an option's delta changes when the underlying asset moves.
Think of it as your option's acceleration: if the asset goes up by $1, gamma tells you how much delta will increase or decrease.
A high gamma means your exposure can change very quickly. Small moves in the market can suddenly make your option much more sensitive to future price action.
For both calls and puts, long options have positive gamma: when the market moves in your favor, your delta increases. When it moves against you, your delta decreases.
Gamma is usually highest for at-the-money options and becomes even more intense as expiration approaches. That's why short-dated options, especially 0DTEs, can experience explosive swings in value.
Deep in-the-money and far out-of-the-money options tend to have lower gamma, making their delta more stable.
As expiration approaches and the market moves, gamma changes constantly, making your exposure accelerate or slow down over time.
Think of gamma as the force that controls how quickly delta reacts to price movement.
Want leverage and asymmetric upside? Just remember: direction is only one piece of the trade.
...and where are you gonna use all this alpha you just farmed?
Yep. Longbow 🏹
Join the waitlist: https://t.co/L5rEhBp1VV
What's delta?
Delta measures how much an option's price changes when the underlying asset moves.
Think of it as your option's sensitivity to price movement: if the asset goes up by $1, delta tells you approximately how much your option could gain or lose.
For calls, delta is positive: when the asset pumps, the option gains value. For puts, delta is negative: when the asset dumps, the option becomes more valuable.
Delta also gives you an idea of the probability that an option expires in the money. Deep in-the-money options have high delta, while far out-of-the-money options have low delta.
As expiration approaches and the market moves, delta changes constantly, making your exposure more or less sensitive over time.
Think of delta as the engine that turns price movement into profit or loss.
Want leverage and asymmetric upside? Just remember: direction is only one piece of the trade.
...and where are you gonna use all this alpha you just farmed?
Yep. Longbow 🏹
Join the waitlist: https://t.co/L5rEhBp1VV
What's theta?
Theta measures how much value an option loses as time passes.
Think of it as the price of time: every day that goes by, your option becomes a little less valuable, even if the asset doesn't move.
If the market moves quickly in your favor, you can still profit. But if price stays flat, theta slowly eats away at the premium you paid.
Theta accelerates as expiration gets closer, which is why time matters just as much as direction when trading options.
Think of it as the clock ticking against option buyers and in favor of option sellers.
Want leverage and asymmetric upside? Just remember: time is always part of the trade.
...and where are you gonna use all this alpha you just farmed?
Yep. Longbow 🏹
Join the waitlist: https://t.co/L5rEhBp1VV
What's the premium?
The premium is the price you pay to buy an option.
Think of it as the cost of getting exposure without buying (or shorting) the entire asset.
If the market moves in your favor, the option can gain value and you can sell it for a profit (or exercise it). If it doesn't, the most you can lose is the premium you paid.
The premium changes based on factors like price movement, time left until expiration, and volatility.
Think of it as the entry ticket to a trade with limited downside and asymmetric upside.
Want more leverage without putting your whole stack on the line? That's where options come in
....and where are you gonna use all this alpha you just farmed?
Yep. Longbow 🏹
Join the waitlist: https://t.co/L5rEhBp1VV