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Mar 04 2021

Nomura: “Max Short Gamma” Pain… But Relief Is Coming

SPX gamma_0

Via ZH: Earlier this week we pointed out a bizarre divergence in the “greeks” – while the Nasdaq had slumped into negative gamma territory, which is where dealers are forced to sell more as the Nasdaq slides lower creating a feedback loop where selling begets selling, even as the S&P still remained in positive gamma […]

Written by developer · Categorized: Market Analysis · Tagged: mcelligot, negative gamma, nomura, QQQ

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