SEP expiration week

Discussion in 'Options' started by IV_Trader, Sep 3, 2006.

  1. forming to be a very dangerous week for short gamma ; 9/11 anniversary , start of confession season , CPI , PPI ... definetly don't want to be a -gamma here , especially for such a lousy premium.
    Time will tell
  2. would someone remind me what negative gamma is....hummm keep forgetting. It WILL be interesting but perhaps a nothing week. I'm betting THETA will finally get asked to the prom.
  3. true , always a possibility to become a nothing week. Anyway , if current vols stays the same , I will take a large long combos position on next Friday for gamma scalps.