Greeks
·
9 min
Hedging with Greeks
How dealers stay direction-neutral while collecting spread. The same mechanics produce gamma squeezes when retail piles in.
In this lesson
- The basic mechanic
- Why hedging must be continuous
- Gamma squeeze: the mechanic in reverse
- Retail rarely benefits from active hedging
Read the full lesson in the app
The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.
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