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GEX (MM), H-GEX and C/P OI (R): DeepCharts' gamma columns against the order book

Module 02 · 2 · The three columns, one by oneLesson 8 of 327 min🔒 Students only

H-GEX: will hedging amplify or brake?

H-GEX does not say how much gamma there is at a strike, but in which direction market makers will readjust their hedge if price gets there. DeepCharts estimates it strike by strike from implied volatility and the Greeks (delta, gamma "and others", not detailed), not from gamma alone. It is the column that says which way: a behavioral direction, where GEX (MM) gives a quantity. The two can contradict each other, and that is precisely what makes it instructive. On November 3, it stayed purple from start to finish, and that fact alone already said a lot about the market.

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Also in this lesson
  • The three colors
  • What the documentation does not say
  • The combination rule given by DeepCharts
  • Settings

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