✅ New to options trading? Master the essential options trading concepts with the FREE Options Trading for Beginners PDF and email course: https://geni.us/options-trading-pdf ✅ Sign up with tastytrade: https://geni.us/tastytrade ==== The gamma of an option is one of the four primary "option greeks." The other three are delta, theta, and vega. An option's gamma is a measure of the option's change in directional exposure (delta) as the stock price changes. Long & Short Gamma (Written Guide): https://www.projectfinance.com/long-gamma-short-gamma/ In this video, I explain what an option's gamma is and give numerous examples to demonstrate the concepts, as well as show how options at various strike prices and days to expiration have different levels of gamma exposure. Additionally, I discuss more advanced concepts, such as how gamma can be in the context of probabilities. Be sure to leave a comment down below with any questions you may have! === RECOMMENDED VIDEOS/RESOURCES === Option Delta Explained: https://youtu.be/gZqzEF-Rlnw Stock Options Trading 101: https://youtu.be/3bELT5FZCic Why Early Exercise/Assignment is Rare: https://www.youtube.com/watch?v=7pTb1a5IgKM Options Trading For Beginners (PLAYLIST): https://www.youtube.com/playlist?list=PL33AZa4cv-o58ldr-5zSn4ROx4SZG7Jyo tastytrade Tutorials (PLAYLIST): https://www.youtube.com/playlist?list=PL33AZa4cv-o56a2BO3jpK_PBUFe3FdvxP Option Pricing EXPLAINED: https://youtu.be/-nnJ4pMBaxA Options Trading 101: https://youtu.be/3bELT5FZCic tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Project Finance(Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade.