sheentrades
7.6K posts
sheentrades
@sheentrades
APCM Investor Relations | High Frequency Gambler | We’re so back
Your mom's house Katılım Şubat 2014
395 Takip Edilen7.3K Takipçiler
It all makes sense now. US participation is out so market isn't reacting.
*Walter Bloomberg@DeItaone
IRAN'S PRESIDENT PEZESHKIAN SAYS ISRAELI STRIKES ON LEBANON VIOLATE CEASEFIRE AGREEMENT IRAN'S PRESIDENT PEZESHKIAN SAYS ATTACKS ON LEBANON WOULD DEEM CEASEFIRE NEGOTIATIONS MEANINGLESS
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Someone gotta tell me sumn now. Is this ceasefire actually legit???
Ceasefire happens, market sends up 2-3% and apparently it’s over, yet nothing moved?
I’m getting sick of it.
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@MrZackMorris I’m currently going to Taipei right now, you should come through😚
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First time taking a shit on a plane. Honestly kind of relaxing
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When I have pocket aces I bet the house and this time unfortunately I may be taking the loss, I’ll know soon enough.
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@chologotsandals It’s a different type of delta so that wouldn’t really work.
You would mostly utilize footprint for selling or buying pressure at different levels.
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@sheentrades gamma paired up with footprints to see the delta does that sound good ?
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I think gamma traders need to understand a quick little thing that I believe is getting misinterpreted.
Long Gamma means you are long options (majority of the time if not all of the time).
This means long calls (positive delta)
This means long puts (negative delta)
Short gamma means you are short options (majority of the time if not all of the time).
This means short puts (positive delta)
This means short calls (negative delta)
Why is this important to note?
If you see GEX data platforms say dealers are long gamma, it's naive to assume their delta, you can really only assume this:
Long gamma - dealers are long puts cause you'll likely need a negative delta of some sort in order for dealers to be able to "hedge" in the fashion of a positive gamma regime/environment (sell the rips, buy the dips)
You have to think of how gamma works in order to get the basic understanding of what being short options or long options does. If you are long SPX options (either puts or calls doesn't matter), you are long gamma ie long volatility. If you are short options, you are short volatility as you want the contracts to lose value (both volatility and direction play a role in a contracts value amongst other things)
This is a relatively long read but hopefully it helps clear things up for you. Don't put misinformation out there for other traders just getting into gamma exposure trading.
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THIS GIF SHOUT DO THE TRICK
PAY ATTENTION FOLKS MY MAN @SHEENTRADES SPITTIN
GIF
sheentrades@sheentrades
I think gamma traders need to understand a quick little thing that I believe is getting misinterpreted. Long Gamma means you are long options (majority of the time if not all of the time). This means long calls (positive delta) This means long puts (negative delta) Short gamma means you are short options (majority of the time if not all of the time). This means short puts (positive delta) This means short calls (negative delta) Why is this important to note? If you see GEX data platforms say dealers are long gamma, it's naive to assume their delta, you can really only assume this: Long gamma - dealers are long puts cause you'll likely need a negative delta of some sort in order for dealers to be able to "hedge" in the fashion of a positive gamma regime/environment (sell the rips, buy the dips) You have to think of how gamma works in order to get the basic understanding of what being short options or long options does. If you are long SPX options (either puts or calls doesn't matter), you are long gamma ie long volatility. If you are short options, you are short volatility as you want the contracts to lose value (both volatility and direction play a role in a contracts value amongst other things) This is a relatively long read but hopefully it helps clear things up for you. Don't put misinformation out there for other traders just getting into gamma exposure trading.
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A post like this giving educational content on understanding GEX gets no impressions but I post a car it gets nearly 1000 likes.
This is why the retail trading world continues to fail.
sheentrades@sheentrades
I think gamma traders need to understand a quick little thing that I believe is getting misinterpreted. Long Gamma means you are long options (majority of the time if not all of the time). This means long calls (positive delta) This means long puts (negative delta) Short gamma means you are short options (majority of the time if not all of the time). This means short puts (positive delta) This means short calls (negative delta) Why is this important to note? If you see GEX data platforms say dealers are long gamma, it's naive to assume their delta, you can really only assume this: Long gamma - dealers are long puts cause you'll likely need a negative delta of some sort in order for dealers to be able to "hedge" in the fashion of a positive gamma regime/environment (sell the rips, buy the dips) You have to think of how gamma works in order to get the basic understanding of what being short options or long options does. If you are long SPX options (either puts or calls doesn't matter), you are long gamma ie long volatility. If you are short options, you are short volatility as you want the contracts to lose value (both volatility and direction play a role in a contracts value amongst other things) This is a relatively long read but hopefully it helps clear things up for you. Don't put misinformation out there for other traders just getting into gamma exposure trading.
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