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Reading gamma on ES with DeepGamma: one session, step by step

Module 05 · 5 · Case study: the ES session of October 30, 2026Lesson 16 of 239 min🔒 Students only

The session in six phases (capture 2)

From 2:31 pm to 4:16 pm, ES made a full round trip between the put wall (≈ 7,631) and the call wall (≈ 7,661), with the Zero Gamma (≈ 7,656) as the pivot. At 3:44 pm, the "rejection at the Zero Gamma" scenario was slightly favored: that is the one that played out.

Annotated capture 2: ES chart from 2:31 pm to 4:16 pm, phases A to F, levels and GEX columns
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→ Why the drop stopped at 7,628