As an options trader, how closely should you be watching gamma and gamma exposure (GEX)? This episode will help you better understand gamma, interpret volatility, recognize inflection points, and build more context-aware strategies.
Kirk sits down with Mat Cashman from the OIC to discuss gamma, explore how market makers hedge their positions, and why 0DTE options are so “gamma-rich.”
Mat explains why hedging dynamics can create sharp market moves and how concepts like charm and convexity shape market behavior over the course of a single trading session. Then, we try to help traders understand how gamma can help them interpret volatility, recognize inflection points, and build more context-aware strategies.
Watch the full interview here