What is the SpotGamma Absolute Gamma Strike (ABS)? SpotGamma Absolute Gamma Strike is the strike with the largest total gamma position for the underlying stock. Why does the SpotGamma Absolute Gamma Strike matter? A large amount of the options market makers hedging position may be tied to this level, and therefore it may function as a “magnet” and large liquidity area. How to use SpotGamma Absolute Gamma Strike This strike is a support/resistance level. Subscribers can locate each day's Absolute Gamma Strike in the Daily Founder's Notes. Related articles What is Gamma Notional? What is SpotGamma Hedge Wall? What is Volatility Trigger™? What is the SpotGamma Gamma Index? What is Gamma, Market Gamma and/or Total Market Gamma?
