- from Lemon head
from twitter today- this is a follow up on all the Gamma stuff related to this week being a significant opex.
Gamma Exposure hit a record yesterday.
If we divide Gamma by the S&P 500's value (to account for the stock market's changing value over time), this is still incredibly high
Historically, the stock market fell over the next 2 months: -7.9%, -7.3%, & -31%