As a trader, you need to see where price action is likely to stall or reverse. Learn how structural support & resistance is created, track key strikes using SpotGamma’s TRACE and Equity Hub, and see how to structure trades around the most impactful market levels.
What You’ll Learn:
- Introduction to GEX and Its Role in Market Expectation – (00:01:14 – 00:02:25)
Explains GEX as a primary SpotGamma focus, emphasizing it’s not just about positive gamma as a target but understanding what happens at those levels and the signals indicating trade opportunities. - Support and Resistance Mechanics through the Gamma Lens – (00:02:25 – 00:06:14)
Covers a nuanced approach to support and resistance specifically tailored for SpotGamma users. Explains how call and put walls act as dynamic resistance and support and how options delta compares with hard delta from futures or stocks. - Dealer Hedging and Gamma Dynamics Affecting Price Movement – (00:07:14 – 00:13:53)
Details how positive and negative gamma manifest in market maker hedging behavior, affecting realized volatility compression or expansion. Explains how market makers sell into buying pressure at positive gamma strikes causing price exhaustion. - Real Trade Examples of Gamma Patterns in Action – (00:33:12 – 00:43:50)
Uses Tesla, Meta, and Amazon as case studies illustrating how gamma exposure predicted intraday price action and resistance levels, supported by order flow from the Hero tool. - Open Interest, Synthetic Open Interest, and Gamma Profiling Tools – (00:16:10 – 00:19:49)
Explains different measures of open interest including synthetic open interest that shows narrower market maker hedging books, and how net open interest helps simplify strike-level exposure for better trade decisions. - Trading Futures and Options Synergistically and Practical Setups with Indices – (01:14:10 – 01:20:16)
Discusses integrating futures and options for delta management using SPX and MES as examples. Covers how gamma flips between strikes influence market maker hedging and how this leads to key price levels acting as effective support or resistance.