PROTECTED SOURCE SCRIPT
Updated GAMMAPOINTS2.0
This indicator provides insights into key Gamma Exposure (GEX) levels within the market. By analyzing the Open Interest and the gamma of each option, it calculates the total GEX per price level, highlighting regions where market makers have significant gamma exposure and may need to hedge accordingly.
Our approach identifies and plots 'Gamma Levels'—critical price regions that reflect market sentiment and the behavior of Market Participants and Market Makers. These levels often serve as pivotal support and resistance zones throughout the trading day.
You can view these influential Gamma Levels as lines on your chart, allowing for a clear visualization of price zones with high gamma concentration.
Release Notes
This indicator provides insights into key Gamma Exposure (GEX) levels within the market. By analyzing the Open Interest and the gamma of each option, it calculates the total GEX per price level, highlighting regions where market makers have significant gamma exposure and may need to hedge accordingly.Our approach identifies and plots 'Gamma Levels'—critical price regions that reflect market sentiment and the behavior of Market Participants and Market Makers. These levels often serve as pivotal support and resistance zones throughout the trading day.
You can view these influential Gamma Levels as lines on your chart, allowing for a clear visualization of price zones with high gamma concentration.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Rick Finance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Rick Finance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.