
Episode #74: Sergei Perfiliev- Goldman Sachs Quant on Options Influence on the market
Confessions Of A Market Maker
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Gamma Exposure: How Much Does It Move Markets?
I completely agree and it's incredible how this information is now on Twitter. And I think that's why people are you, you know, your, your Twitter page or YouTube page you're getting a lot of traction because this type of information is valuable. Gamma is basically when it's offensive way of saying how much your delta will change as the underlying index moves around. The changes in delta is what triggers market makers and dealers to rehatch their books. If gamma doesn't change then there is no flows coming from from the dealers and they don't move the markets.
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