GME Gamma Squeeze – the Movie

SpotGamma: In late January 2021, GameStop experienced a once-in-a-decade squeeze that has captivated the world’s attention. This was a premeditated and programmatic exercise, orchestrated by coordinated stock and option buying across the retail and professional community, that resulted in large institutional entities losing billions of dollars. These investment houses with significant short positions did not expect aContinue reading “GME Gamma Squeeze – the Movie”

Gamma Games

Single stock open-interest at all-time-high levels, which is why today’s expiry is important for stocks, especially for names with large open interest in at-the-money (ATM) 15-Jan options, At the close, the market is down 0.7% while gamma exposure spiking up all time high as the following chart from Sundial Research shows. “Dealers are short callsContinue reading “Gamma Games”