The ETH Inferno: Lessons from a Massive Gamma Squeeze
threadingontheedge.substack.com
The ETH gamma inferno incinerated option sellers. Negative gamma exposed them to an explosive move. The ETF approval lit the fuse, causing IV to 5x in a week. Some OTM calls +3,300%. $3500 level held, low-vol ETH regime is dead - get ready for chop. 🔥
The ETH Inferno: Lessons from a Massive Gamma Squeeze
The ETH Inferno: Lessons from a Massive Gamma…
The ETH Inferno: Lessons from a Massive Gamma Squeeze
The ETH gamma inferno incinerated option sellers. Negative gamma exposed them to an explosive move. The ETF approval lit the fuse, causing IV to 5x in a week. Some OTM calls +3,300%. $3500 level held, low-vol ETH regime is dead - get ready for chop. 🔥