We’ve upgraded our Total Gamma AKA Absolute Gamma Charts.
These charts display the total gamma by strike for calls (reflected as a positive gamma bar) and puts (shown as a negative gamma bar).
Additionally we’ve added a feature which shows how much of that strike’s gamma is positioned in the next expiration (light grey). This allows traders to anticipate how much gamma may expire on the next expiration, which could indicate an increase in volatility.
You can find this chart, updated daily, on our S&P500 & Nasdaq pages.