option gamma question

[commiebat]

Quote from Reaver:

Thanks for that explanation. I am one of those non-mathy types you referred to.

That really helped. Thanks.

You're welcome. The trick to being good at math is knowing how to avoid doing math.

 

[sammers]

Forget the maths and look at the pictures

http://faculty.chicagogsb.edu/robert.novy-marx/teaching/35100/Lectures/lec11.pdf

 

[nitro]

Quote from sammers:

Forget the maths and look at the pictures

http://faculty.chicagogsb.edu/robert.novy-marx/teaching/35100/Lectures/lec11.pdf

That paper is a nice compromise between the math and the trading.

nitro

 

[dmo]

The following article describes the practical use of gammas pretty well - http://findarticles.com/p/articles/mi_qa5282/is_200709/ai_n21255481 - although I don't claim to be an impartial reviewer!