Why did he stop making videos ?

@@nycbankers1427 onto some other mission I guess

Thanks for the kind words! Sorry for the delayed response, I took some time off and am finally getting back into things.

That's correct, but i do like to note the biggest GEX levels as well. A quick shortcut would be to think of it like this. Positive Vanna increases volatility and leads to faster moves through a specific region as well as drawing price. Negative Gamma does the same. So areas we lots of negative vanna and positive gamma will be more difficult for price to get through often times leading to choppiness or those "high resistance" price moves. When you pair ICT concepts where you have large daily fair value gaps on the daily/weekly charts in areas with lots of positive vanna and negative gamma, you'll see those fast price moves drawing to the liquidity targets very quickly. Hopefully that makes sense, I'll be digging into this a lot more very soon!

@@FattyTrades But doesn’t the Gamma levels change throughout the day? Is the one from the previous night even accurate by the middle of the next day?

I’m not sure actually, if you check the price action on the top gold ETFs and it’s the same as gold futures then you could likely use the dealer data for that asset as reference like we do with SPX & SPY for ES

One way to do that is to check IV on the biggest vanna strikes through your broker. Most brokers show IV on contracts in the options chain real time or close to real time. If you have Vol.land, on their summary requirements page they have a VIX-like calculation you can reference as well which is helpful. Another, less accurate way, is to simply always assume if price is moving up, IV is moving down and if price is moving down, IV is moving up. This is true for the most part, with the big exception being before a major event such as earnings where IV will rise leading up and rapidly drop after it passes. In those cases I like to look for the largest positive vanna strikes near & above price without negative vanna negating it to see where the biggest draw would be as IV rapidly drops, if any.

Will do!

@@FattyTrades looking forward to it! i noticed you hadnt been active for a couple months hope all is well :D

I’ll try to go over it on my Twitter feed tomorrow as a bonus to the SPX/SPY stuff. When I looked earlier at Vanna on TSLA we were sitting right on top of a large positive vanna strike that acted as a magnet with some pretty large negative vanna under spot at $180 which would actually help to stall moves lower as we push into it. It was a quick look and I did not check delta correlations, gamma and charm so I’ll try to get a more thorough post out tomorrow.

@@FattyTrades i can’t waittttttttt THANK YOU

This is a great place to start & is 100% free. squeezemetrics.com/monitor/download/pdf/The_Implied_Order_Book.pdf Also, Ad Deum funds KZfaq along with Cem Karson twitter (or interviews with him) are other great sources

I’m still using both. I have some Trady vids planned soon but I use vol.land to view gamma/vanna/charm impact (& their discord is amazing for learning the nuances of Dealer positioning) and Tradytics for flow, DP data and delta/price correlations. Yeah it really helps with that but also that just requires practice. Getting good at scaling in and out & identifying targets based on price action showing areas of liquidity plus Dealer data is immensely helpful. One thing that has helped me is when I enter a position, I use things like gaps and imbalances to add more positions on and don’t slide my stop too fast. If you are playing a reversal for instance & measure the prior swing high to low with fibs, as long as price hasn’t moved approx 50% of the way towards your target, practicing scaling in with small positions instead of exiting as price pulls back (assuming the pullback doesn’t break any rules you have for your strategy) can help you hold longer & will ensure some is left over when your initial target is reached to leave as runners. Also, if you have Tradytics or follow my discord, using the delta/price correlations can allow you to plot the expected range for the day (I recommend plotting based on the pre market open) & usually works with a great degree of accuracy.

@@FattyTrades Thanks for the detailed reply. You mentioned your discord; did you start one? I didn't see it in your description.

No discord, sorry meant to say Twitter there

I had some issues with the platform since i was a very early adopter, however I still really like what they did. I have been contemplating revisiting them recently because it seems like they've come a long way. There data was always impressive, it was just some of the early bugs that made me back off a bit until they were resolved.