Blog · Gamma & options
Gamma & options
Options gamma, dealer hedging, call and put walls: how option positioning shows up on a futures chart.
Call wall and put wall: reading dealer hedging on ES
How the call wall and put wall form on the SPY and SPX 0DTE chains, why dealer hedging makes them act differently on ES, and what happens when price breaks one.
5 min read · by Matheus RochaRead →
Gamma flip: why NQ trades differently on each side
The gamma flip is where modeled dealer gamma changes sign. Above it, hedging tends to absorb NQ's moves; below it, to extend them. Reading it, with limits.
6 min read · by Matheus RochaRead →