$HOOD gamma setup — reading the options positioning like a map.
Price magnets are clear here. Heavy gamma sits at key strikes, creating natural pull zones. Think of it like this: when dealers hedge large option positions, they push price toward max pain or max gamma strikes. That's your magnet.
Right now, the structure says: no trade yet. You need confirmation first.
Reclaim $100 and hold above it — that's your green light. If it sticks, $105 becomes the next magnet. That's where the next gamma cluster sits, and price will want to test it.
Below $95? Different game. You're in the gap zone with less support. Wait for $90 — that's the next meaningful level where positioning reloads.
This is textbook gamma scalping logic. Don't chase in between. Let structure confirm, then follow the magnet. Invalidation is simple: lose the level you're trading off of, and you're out.
Clean, patient, and let the chart tell you when.
Price magnets are clear here. Heavy gamma sits at key strikes, creating natural pull zones. Think of it like this: when dealers hedge large option positions, they push price toward max pain or max gamma strikes. That's your magnet.
Right now, the structure says: no trade yet. You need confirmation first.
Reclaim $100 and hold above it — that's your green light. If it sticks, $105 becomes the next magnet. That's where the next gamma cluster sits, and price will want to test it.
Below $95? Different game. You're in the gap zone with less support. Wait for $90 — that's the next meaningful level where positioning reloads.
This is textbook gamma scalping logic. Don't chase in between. Let structure confirm, then follow the magnet. Invalidation is simple: lose the level you're trading off of, and you're out.
Clean, patient, and let the chart tell you when.