With a ratio spread, the gamma quickly becomes (positive) (negative) as the underlying price moves to the

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With a ratio spread, the gamma quickly becomes (positive)

(negative) as the underlying price moves to the short strike, or as implied volatility rises.

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Related Book For  book-img-for-question

Option Spread Strategies Trading Up Down And Sideways Markets

ISBN: B003O2SXRI

1st Edition

Authors: Anthony J Saliba ,Joseph C Corona ,Karen E Johnson

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