Présentation du livre en françaistrading et marchés financiers

Gamma Exposure Trading

Name: Gamma Exposure Trading
Author: Faramarz Kowsari

GEX, Dealer Positioning, Gamma Flip, Call Walls, Put Walls, 0DTE Options, and Intraday Market Structure

« Gamma Exposure Trading » est un livre de Faramarz Kowsari dans le domaine trading et marchés financiers. Cette page de découverte en français organise les métadonnées publiques du livre afin de rendre ses thèmes, son public, sa langue réelle de publication et ses accès officiels plus faciles à trouver.

La fiche publique met en avant le trading, la structure de marché, la liquidité, le risque ou des concepts connexes.

Langue de publication: anglais. Cette page est une orientation en français. Le livre lui-même est publié en anglais ; le titre, l'aperçu et les options d'achat sur Google Books correspondent à cette édition.

Voir sur Google Books Ouvrir l'aperçu gratuit Page originale du livre

De quoi parle ce livre ?

La fiche publique met en avant le trading, la structure de marché, la liquidité, le risque ou des concepts connexes.

Thèmes mis en avant

Gamma Exposure (GEX)Delta and GammaDealer positioning modelsObserved data versus inferred positioningOpen interest limitationsStatic versus intraday GEXVendor methodology and sign conventionsDealer hedgingPositive Gamma regimeNegative Gamma regimeGamma Flip / Zero GammaGEX profileCall WallsPut Walls

Description publique originale du livre

anglais

Gamma Exposure Trading explains the options-market layer that can influence intraday behavior in indexes, ETFs and futures without presenting GEX as a crystal ball. It starts with the minimum options knowledge needed to understand Delta, Gamma and position-scaled Gamma Exposure, then separates observed option-chain data from inferred dealer positioning. Open interest, static versus intraday estimates, vendor methodology and sign conventions are treated as model inputs with limitations rather than direct observations of every dealer book. The central discipline is conditional: build a map, wait for price to reach a relevant area, then let live market behavior confirm or reject the hypothesis. The book develops the practical meaning of positive and negative Gamma regimes, Gamma Flip or Zero Gamma, Call Walls, Put Walls, high-Gamma nodes, low-Gamma regions and exposure gradients. It explains why 0DTE activity, expiration, OPEX, Vanna and Charm can change the map, and why a morning snapshot can become stale as short-dated positioning migrates intraday. A 15-minute pre-market routine combines spot location, the modeled regime, flip, nearby option-derived zones, overnight structure and Expected Move. During the open, those references are tested against acceptance, rejection, market structure, order flow, VWAP and Volume Profile so that the live auction remains more important than the model. Execution chapters turn the framework into four conditional setups: positive-Gamma rotation, negative-Gamma expansion, Gamma Flip reclaim, and wall break with repricing. Targets, invalidation and position sizing are tied to environment and market velocity rather than dashboard color. The research sections address failure modes, confirmation bias, stale maps, GEX journaling, backtesting…

À qui s'adresse le livre ?

Le public visé est fondé sur la description publique du livre. Pour les lecteurs francophones, il faut noter que l'édition disponible est publiée en anglais.

For index, ETF, futures and options traders who want to understand how option-derived Gamma context may interact with intraday market structure. It is particularly suited to traders using SPX/SPY/ES or NDX/QQQ/NQ-style workflows, including futures traders who do not directly trade options but want to use GEX, 0DTE positioning, VWAP and live price behavior as a conditional market-context framework rather than a deterministic signal.

Objectifs d'apprentissage publiés