Mat Cashman

Mat Cashman, a 20-year industry veteran and former market maker at the Options Industry Council, dives deep into the dynamics of gamma and 0DTE options. He explains how gamma influences market movements and the critical role of hedging in managing risk. Discover why 0DTE options are so 'gamma-rich' and how market makers use charms and convexity to navigate sharp shifts. Cashman also clarifies misconceptions around large put buys and examines how trading patterns create market memory. This insightful discussion equips traders with a better understanding of volatility and strategies.