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

Module 05 · 5 · The evening: a moving profile and AAA setupsLesson 23 of 329 min🔒 Students only

From 6:29 pm to 7:54 pm: the profile rebuilds itself (capture 11)

In 85 minutes, two positive brakes built up above and below price: +$2,970M near 7,624 and +$1,900M near 7,609. The 7,599 pivot deepened further. Price, meanwhile, stayed boxed in between the two brakes. This lesson compares three captures of the same profile, at 6:29 pm, 7:17 pm and 7:54 pm, and shows how a market that is short gamma overall can still behave like a range: the local brakes, closest to price, dictate immediate behavior. It is also the lesson that sets up the three setups that follow.

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The rest of this lesson is for students

Also in this lesson
  • Three moments of the same profile
  • The 7:54 pm capture
  • What the sequence teaches
  • The scenarios from 7:54 pm

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