Trading with Net GEX Levels offers insights into market behavior, especially in volatile conditions. When in negative gamma, markets tend to become more directional, making it crucial to understand sticky levels like Put Support, Call Resistance, and High Vol Levels.
Despite low volatility, driven by significant shorting of VIX, traders must be cautious. Vega, the sensitivity of an option’s price to changes in implied volatility, plays a critical role, especially as volatility compresses, potentially leading to sharper market moves.
