From Theory To Practice - April 6, 2018 - Analyze Mode in tastyworks: Gamma Risk




The tastytrade network show

Summary: In today's demo of Analysis Mode in the tastyworks platform, we take a crack at [visualizing Gamma Risk](https://www.tastytrade.com/tt/shows/from-theory-to-practice/episodes/gamma-neutrality-10-25-2017). Using a basic SPY Short Strangle, we're able to see how gamma changes, as we approach expiration. What we see is that not only does gamma expand around our short strikes, but it also collapses in the center of our strategy.