Gamma!
and stuff...
Quick note: Just wanted to point out a nice site (no paywall now) on options exposure and how they influence the market:
I get the following: negative gamma = higher volatility and trends (up and down) are more extreme + left side of distribution bigger (down bias!). Put or call wall (looking like bollinger bands) as dynamic support and resistance? @t1alpha By the way, thank you, great content!!!
Now I need to stop working, 65 hour week already ;-)
Have a great weekend!
Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.