December 1, 2022
”‘As options activity goes up, this can create bigger swings,’ said Garrett DeSimone, head of quantitative research at OptionMetrics. He said a flurry of recent studies had led to widespread acceptance of the theory that option sellers’ so-called gamma exposure could increase volatility, but said ‘the point of contention is working out what is its influence at any given moment’.”
For more insight from OptionMetrics, read the full Financial Times article, “Big traders flock to US equity options with fleeting lifespans” below.