Options: Gamma Scalping the E-Mini S&P 500

Paul Forchione will explain what it means to “gamma scalp” and he will show how to gamma scalp long ES puts versus long ES calls as well as futures versus long ES options. Specifically, Paul will illustrate how he uses the OptionVue7 software program to structure long premium positions that benefit from market movement. And more importantly, he’ll walk you through the process of capturing profits by adjusting these positions as the underlying ES futures contract moves. Paul will show Graphic Analyses that allow you to visually evaluate the impact of favorable market movement versus unfavorable negative time decay and to determine the impact of changes in implied volatility.