Reading the Market

Read IV rank, gamma exposure, the Greeks, and flow like a second language.

Pros read signals retail traders mostly ignore: implied volatility, IV rank, gamma exposure, the Greeks. Together these answer what move is being priced in, whether options are cheap or expensive relative to the ticker's own history, and whether dealers are about to dampen the tape or amplify it. By the end of this series you'll look at a quote screen the way a trader does.