Stocks were rangebound when we went hunting for real-time trading opportunities during this session. As a result, we were unable to squeeze off a trade in the vehicles we looked at: T-Bond futures, crude and gold. However, the last half of the session contains material that may be of particular interest if you trade options. Specifically, we considered option ‘gamma,’ which measures the change in delta value in response to a one-point movement in the underlying stock. If you’ve ever contemplated buying, or shorting, straddles, this lesson will help you to better understand the risks.
