Hey, you guys, look, I know I'm just the dude that carries the bags.
If you want to know what happened with GME in January watch this.
Most interest to me is the selling of puts
It's good to get a basic understanding of Gamma and Vanna exposures for market makers.
The important takeaway is "market makers who are long puts, or long gamma, By knowing how market makers will be forced to delta hedge according to changes in price, one can implicitly know where market makers will need to place buy and sell orders"
In the video at 4:14 in the video explains why GME has been following the patterns I followed in this chart
At this point, I'm fairly certain GME will remain around 180 until Nov15-19 and possible through to the end of the 1yr is when the market makers pnl profile will change to meet the end of 1yr options contracts.
so much for free market price discovery.
Just wait until you see what I have in store for my next mystery.
If you want to know what happened with GME in January watch this.
Most interest to me is the selling of puts
It's good to get a basic understanding of Gamma and Vanna exposures for market makers.
The important takeaway is "market makers who are long puts, or long gamma, By knowing how market makers will be forced to delta hedge according to changes in price, one can implicitly know where market makers will need to place buy and sell orders"
In the video at 4:14 in the video explains why GME has been following the patterns I followed in this chart
At this point, I'm fairly certain GME will remain around 180 until Nov15-19 and possible through to the end of the 1yr is when the market makers pnl profile will change to meet the end of 1yr options contracts.
so much for free market price discovery.
Just wait until you see what I have in store for my next mystery.
Comment:
ya 5min mark. that was not there when I wrote this post.
Sorry. I'm really good at spot the difference game.