I'm curious about the middle chart, is it to indicate that dealers are short puts and long calls?
Also curious how the gamma center works.
With negative gamma center at 4450, if we were to move below that gamma center, would gamma start to increase again, or does it continue to decrease, but at a slower rate?
Is that what the third chart shows, the answer to my question?
Thanks for the update.
I'm curious about the middle chart, is it to indicate that dealers are short puts and long calls?
Also curious how the gamma center works.
With negative gamma center at 4450, if we were to move below that gamma center, would gamma start to increase again, or does it continue to decrease, but at a slower rate?
Is that what the third chart shows, the answer to my question?