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#gamma-exposure

Dark navy abstract heatmap showing gamma exposure zones across strike levels
Market Conditions7 min

How Institutional Gamma Data Can Improve Iron Condor Setups

Gamma exposure (GEX) data from services like SpotGamma and SqueezeMetrics models the aggregate gamma position of options dealers across all strikes. For iron…

Bernardo Rocha
Abstract network of interconnected nodes representing market maker hedging flows on dark navy background
Market Conditions6 min

Understanding Dealer Hedging and Its Impact on Options Markets

Every time you buy or sell an options contract, you're transacting with a market maker (dealer). Dealers aim to be delta-neutral — they don't want directional…

Bernardo Rocha
Visualization of dealer hedging mechanics showing how options market makers create structural price flows through delta-neutral hedging
Market Conditions9 min

What Is Dealer Hedging and Why It Moves Markets?

Dealer hedging is the mechanical buying and selling that options market makers do to stay delta-neutral. It creates structural price flows that explain why…

Bernardo Rocha
Gamma exposure heatmap over SPY price chart showing key gamma levels and dealer hedging zones
Market Conditions9 min

What Are Gamma Levels in Options Trading?

What Are Gamma Levels in Options Trading? Gamma is the rate at which an option's delta changes when the underlying moves by $1. Gamma levels are the…

Bernardo Rocha
Market maker flow diagram showing dealer hedging and price stabilization zones on dark financial chart
Market Conditions9 min

How Market Makers Affect Stock Price Movement

How Market Makers Affect Stock Price Movement Market makers affect stock price movement through delta hedging. When they sell options to customers, they take…

Bernardo Rocha