GammaLab

DAX Gamma EOD

XETR:DAX   DAX Index
Lets keep this simple: DAX is clearly in negative gamma territory with vol jumping 2 points to over 19, a level last seen October 12th. Main put strike at 15200 with minus 11M gamma notional, main call strike at 16600 with 9M gamma notional. Total gamma decreased Monday by 25M to minus 18M - a clear indication that vol is about to expand/stays elevated.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.