g1080

6/11

htn4653 , it gives you an idea of where funds have to hedge. Check this ↓↓

https://perfiliev.co.uk/market-commentary/how-to-calculate-gamma-exposure-and-zero-gamma-level/

5/31

Selling 0 DTE naked consumes a lot of buying power, defined risk strategies lower BPR but risk/reward worsens. Its purely what suits you best and being right about direction.

30 delta, with USD 1500 gives you 50 trades if 50% of the time you´re wrong but when you´re right you collect 1.6 you risk, you have a positive expectancy.  

 

Straight call/put buy, 30 delta , >0.1 Gamma. Pure directional no overnight position.

Todays session.

SPY & SPX , 0DTE and all expirations GEX 5/24 

SPY & SPX , 0DTE all expiries and monday 5/20

I use Aget built 7.6 since found it more stable than 9.1. If anyone has esignal 10.6 EOD will be much appreciated. Thanks,

Hi I just followed this instructions and make my own, also found some made in python in github.

https://perfiliev.co.uk/market-commentary/how-to-calculate-gamma-exposure-and-zero-gamma-level/

This is CBOE link. https://www.cboe.com/delayed_quotes/spy/quote_table

So far today.

This is today spy and gex calculated from yesterday data.

Hi nehal, 

Below you´ll find this weeks webinar where Tom goes through this weeks market on spx and spy. These are free weekly webinars.

Link

I´m dwindling around the idea of how to determine if there's is more buying than selling on 0dte strikes as a hole and how to trigger the trade. The idea of using a low delta with relative high gamma gives a edge but im looking for another signal to hit the button.

Gamma levels, can be easily calculated on CBOE data from yesterdays close and from my experience does de job bc having it updated in real time does not bring a lot to the table, i mean at certain levels market makers will hedge and that's based on how they closed yesterday.

Pros I see on 0dte. 

• no carry overnight positions.
• low capital (depending on size) but at 30 delta on spy is manageable.
• options premiums will move in a decent amount although time decay could hurt.

Cons.

• how to measure your trading "system"
• days when the market ranges like Monday this week can hurt
• Soft stop loss because options swings are wide so you have to relay on delta and your guts.

Hi, anyone trading 0DTE on SPY using Gamma Exposure? if so please let me know I´d like to share some ideas.

For the ones interested, below you´ll find a guide to manually calculate GEX based on free CBOE data. And a link to T0m J0seph free weekly webinars on this subject. 

https://perfiliev.co.uk/market-commentary/how-to-calculate-gamma-exposure-and-zero-gamma-level/

https://www.dynamictrend.com/webinars/

Pass is in the name of the file - 111111

 

I have been using this with E-signal, not sure how to use it with offline data, but I think if you just put

anything in for ID and Pass when you start it - will not get data but E-signal should still launch

 

Hiwcicom are you still an active esignal user? I´m looking for some files published on esginal forum but it seems only for registered users. Also, if 10.6 version works with EOD files in ascii format could you please share it again? thanks!

 

Thinkorswim imho

You can use https://stooq.com/ to download as ASCII format EOD data. No options data here usually you have to subscribe to to some datafeed to get options data.

you can use LookBack from tasty trade to https://lookback-beta.tastytrade.com/tutorials.html to backtest with options data.

I´ll be interesting if there´s interest on this topic, open a new thread to share charts and opinions.

@Karthi_215

Its quite complex to explain how I use Gann here on a post so I´m gonna share @GET training material. Here you´ll find a seminar where late Andy Bushak shares how this tool it is supposed to be used.

 

 

https://[email protected]/folder/TdpRnK5a#GjxpiU7h1FT59qTGlYToig

 

interesting....anyway if you show how to get AGet you would make a great gift to the forum

 

Hi Laser, already shared it here

 

https://indo-investasi.com/forum/forex-forum/trading-platform/785044-get-dvanced-get-soft-pdf-python

I use Gann on Advanced Get, drawn from a primary pivot can be very useful.

Hello, anyone could please reupload? thanks!

Thanks!!