Market Structure
The Complete Taxonomy of Options Greeks by Order
The 16 options Greeks explained by mathematical order: Delta, Gamma, Theta, Vega, Vanna, Charm, Vomma, Speed, and the exotic tail that shapes dealer hedging.
Market Structure
3 posts
Market Structure
The Volatility Risk Premium: The Edge Hiding in Plain Sight
The volatility risk premium is the most reliable structural edge in options markets. The data has always been there. The tools to act on it in real time have not.
Market Structure
Understanding Gamma Exposure: What It Is and Why It Matters
A practical guide to gamma exposure (GEX) and how dealer hedging flows create predictable patterns in the market.