Gamma scalping

Discussion in 'Trading' started by terryor, Feb 20, 2009.

  1. terryor

    terryor

    Has anyone done this?
    "Gamma" trade the SSO against the SPY?
    GO:

    Short 1 SSO for every 2 SPY long? and trade around the position?

    Would their be an advantage to this over a setup like:
    GO:

    Long SSO and long puts?

    Thanks in advance
     
  2. rosy2

    rosy2

    doesnt this make you flat? what would you be trading around?

    gamma scalping is usually for long straddles when you want to be delta neutral.

    sidenote: is there a way to see what my ignore list is on ET? i'm sure its the majority of posters.