Dealer Gamma Exposure (GEX) & Strike Pinning Analysis | Quantitative Macro
EXECUTIVE SUMMARY & MICROSTRUCTURE ANALYSIS
While narrative-driven retail commentary focuses on lagging indicators, institutional positioning is dictated by derivatives microstructure. This quantitative research brief examines Dealer Gamma Exposure (GEX), the volatility surface, and the physical mechanics of strike pinning.
HOW OPTIONS GAMMA PINNING WORKS
Options market makers continuously hedge their books to remain d
EXECUTIVE SUMMARY & MICROSTRUCTURE ANALYSIS
While narrative-driven retail commentary focuses on lagging indicators, institutional positioning is dictated by derivatives microstructure. This quantitative research brief examines Dealer Gamma Exposure (GEX), the volatility surface, and the physical mechanics of strike pinning.
HOW OPTIONS GAMMA PINNING WORKS
Options market makers continuously hedge their books to remain d