Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document:
Gamma risk is the possibility of options prices changing dramatically as they approach expiration due to price changes in the underlying asset. While monthly options traders often avoid gamma risk by closing positions well before expiration, when you’re trading weekly options, gamma risk is largely unavoidable. Education coach Mike Follett explains how gamma risk works and how to manage it.
This video uses thinkorswim® thinkback, which allows you to see options data from previous trading days.
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