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Learn Options & Gamma Exposure
Practical, jargon-light guides to options trading and the gamma mechanics that move markets — each built around real GammaBaba charts, worked examples, and the tools you can open and try yourself.
Options Basics
⚖️ Options Basics
Call vs Put Options: Key Differences & Payoffs Explained
Calls vs puts made simple: what each contract is, how their payoffs differ, when traders use each, and how to read both on a payoff graph.
📈 Options Basics
Call Option Graphs: How to Read the Payoff Diagram
Read any call option graph with confidence: the payoff line, breakeven, intrinsic vs time value, and how the curve bends before expiration.
🔢 Options Basics
The Option Chain Explained: Strikes, OI, Volume & Greeks
A plain-English guide to the option chain: strikes, bid/ask, open interest, volume, implied volatility and the Greeks — and how to spot what actually matters.
⚠️ Options Basics
10 Common Options Trading Mistakes (and How to Avoid Them)
The costly options trading mistakes that trip up most beginners — from ignoring theta and IV crush to oversizing — plus a practical pre-trade checklist.
The Greeks & Gamma
GEX & Dealer Positioning
📐 GEX & Dealer Positioning
SPX Net GEX Explained: Gamma Exposure, 0DTE & Trends
How to read SPX net gamma exposure: dealer positioning, the gamma flip, 0DTE's growing footprint, and what shifting GEX levels imply for the S&P 500.
⏱️ GEX & Dealer Positioning
0DTE Options Risk: What Same-Day Expiration Really Means
Zero-days-to-expiration options carry unique risks: gamma that explodes into the close, fast theta decay, and pin risk. Here's how 0DTE really works.
Reading the Market
📊 Reading the Market
Support and Resistance Levels: A Complete Trading Guide
How to find support and resistance the right way — swing points, volume, round numbers, and the options gamma walls that quietly create these levels.
🕯️ Reading the Market
How to Read Stock Charts: Patterns, Trends & Volume
Learn to read stock charts from scratch: candlesticks, trends, volume and the classic chart patterns — plus how options gamma shapes the moves you see.
📉 Reading the Market
Why Is the Stock Market Down? Reading Selloffs with Data
A framework for understanding why the stock market is down on any given day — macro drivers, positioning, and what options gamma says about the selloff.