Our equity options gamma indicators are showing that negative gamma rates in single stocks are growing back to where record levels were a few weeks ago. Back then there was news of “record small trader” positions in call options. You can see there is a similar position below.
In the charts below for TSLA, AMZN, ZM you can see that the underlying stock price is trading above the key gamma level, a sign that some of these stocks may be a bit too far stretched.
