Brent, Founder of SpotGamma, discusses how changes in implied volatility can lead to changes in stock direction. Implied volatility changes impact the hedge ratio, or delta, of an option. Traders can measure this impact with an option greek known as “vanna”.
Market Analysis
The Setup for a Gamma Squeeze in GME
Here we identify the options setup needed for a gamma squeeze in a stock like GME. Using our EquityHub we analyze the existing options position, and then look for signs of strong live options orderflow via our HIRO application. Specifically, you want to see large open interest at call strikes just above where a stock […]
A New View: Kevin Muir of The MacroTourist + Market Huddle
Brent, Founder of SpotGamma, was joined by Kevin Muir of the MacroTourist to discuss changing macro trends including: hot CPI reaction, why a recession is guaranteed and when to short the dollar.
The Oversold Stock Market Could See a Bounce
The following is a guest post courtesy of Michael Kramer of Mott Capital Management. The S&P 500 has fallen by more than 10% in the past two weeks, and to say that it is due for a bounce may be an understatement. The combination of a 75 bps Fed rate hike and massive June quarterly options expiration resulted […]
Trade Analysis: TSLA (June 17, 2022)
The following is a guest post from Doug Pless. When I plan to trade stocks for the day, I begin my morning preparation by opening my watchlist in Equity Hub. I look at the Key Gamma Strike, Hedge Wall, Key Delta Strike, and other metrics for each stock and compare the values with the previous […]
Watch: June OPEX Same Size as March 2020?
Brent, Founder of SpotGamma, discusses how the large June ’22 options expiration is in similar size to that of March ’20. Based on this, we think the market may stage a brief rally. Start a FREE 7 day trial of SpotGamma now to get daily insights just like this.
Brent on The Market Huddle: Positional Analysis Into a Major Expiration Event
Brent, Founder of SpotGamma, joined The Market Huddle podcast to discuss the upcoming large options VIX & equity expirations (June 15th & 17th). Adding to the energy of large options positions rolling off is the June 15th FOMC. Listen to the podcast here, and download the slide deck here. We will be providing daily updates […]
Trade Analysis: AMD (May 26, 2022)
The following is a guest post from Doug Pless. When I plan to trade stocks for the day, I begin my morning preparation by opening my watchlist in Equity Hub. I look at the Key Gamma Strike, Hedge Wall, and other metrics and compare the values with the previous values for the last five days. […]
GME Pinning Options Levels After a Huge Rally
On Friday Brent was joined by Saad from ShiftSearch to analyze the >20% rally in GME last week. They discussed why GME was ripe for a pullback, and why $120 was the big level of support for today, Tuesday May 31st. Below you can see how that $120 level has acted as major support today. […]
Excess Returns Interview: What Equity Investors Need to Know About Options Impact
Brent Kochuba, Founder of SpotGamma, speaks with Excess Returns about signals equity investors can pull from the options market.