A trader who has a negative gamma in a position taken in options or option combinations. Such a trader expects a stagnant market with only limited moves in the option’s underlying. A spread with a negative gamma will have a positive theta.
A trader who has a negative gamma in a position taken in options or option combinations. Such a trader expects a stagnant market with only limited moves in the option’s underlying. A spread with a negative gamma will have a positive theta.
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