How Have Gamma Trades Taken Control of the Market?

by Options Sensei |

Back in my days as a market maker on the floor of the Chicago Board of Options Exchange (CBOE) the third Friday of the month was known as ‘gamma day.’

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That was prior to 2005 when weekly options were introduced— to show my age, I was on the Cboe Global Markets, Inc. (CBOE – Get Rating) from 1991-2002 — ever since gamma day has been a weekly occurrence.

Actually, with… Continue reading at StockNews.com

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