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