Realised Dealer Hedging Bootcamp

https://www.volsignals.com/dhd
Know the Flow
Key #1

a code to the chaos
If you believe the internet, dealers risk life & limb daily— "manipulating" markets— just to push your puts out of the money at Opex.
But you read VolSignals for a reason.
I'll trust you know this one's a lie, and spare your time
the truth?
When it comes to hedging, market makers are incredibly systematic.
—and this hedging moves markets in YOUR favor (not theirs)
(that's why they call it "hedging")
How do I know?
I've built and run these hedging programs throughout my career as a market maker.
These flows have been around forever—
but they've recently started to move markets in bigger, bolder ways.
this creates PREDICTABLE flows
...and because we can predict FLOWS, we have an edge in predicting OUTCOMES
Depending on their position, hedging flows can:

• Push markets higher
  
  
• Push markets lower
  
  
• STABILIZE market moves
  
  
• AMPLIFY market moves

What's the key to predicting the market's next move?
KNOW THE FLOW
Dealers' systems decide when, where, and how much to buy or sell depending on a few key portfolio risks:
These are basic, mechanical, AND knowable in advance. But for some reason, most trading courses fail you here (at step ONE!) because they either:

1. get these (literally) wrong
   
   
2. oversimplify it, or
   
   
3. overcomplicate it

Luckily, it's easy to explain correctly when you've spent 30k hours doing it yourself! ✓

"Knowing the (dealer) flows" is step 1 when it comes to predicting the market's next move ✓
Know the Position
Key #2

the dealer's position
is your map to the market
it's like a crystal ball. . .
revealing the market's likely next move.
But almost every tool out there gives you the WRONG map!
...a COMPLETELY incorrect position.
naive GEX
the classic (wrong) way to do it
The classic approach assumes that dealers are long calls (from overwriters) and short puts (from hedgers).
The current open interest is then used to build the "dealer position" - which will ALWAYS have dealers long gamma above the market and SHORT gamma below the market.
This profile is every bid as incorrect as you'd imagine- and it's far too general to make use of.
there's ONE tool
which builds the true gamma profile
This tool uses *official* exchange data- the same way the big guys at banks and market making firms do it.
in step 2 of our
Dealer Hedging Dynamics Boot Camp
I introduce you to this tool, and show you EXACTLY how to read it.
You'll learn:

• How to read the dealer's position
  
  
• How to accurately predict local price & volatility outcomes based on identifying the positions that help create them
  

Most tools and teachings out there rely on *outdated* or completely inaccurate information.
And most subscribers have no way of knowing what's right or wrong...
—but you'll be learning from an actual market maker ✓
now you've got the map
and you know how to read it
the million dollar question?
What are you going to do with this newfound superpower?
Because let's face it- knowing where the market's heading is great... but if you can't capitalize on that knowledge, you're just the world's most frustrated spectator.
Nail the Trades and CRUSH IT
Key #3

information is half the battle
success demands execution
Now that you know the path...
✅ Know the flow
in part 1, you discovered the code beneath the chaos, and learned how options dealers MOVE MARKETS ⚙️
✅ Know the position
in part 2, you learned how to turn risk profiles into price predictions
—it's time to walk it.
✅ Nail the trades
learn to CRUSH IT in part 3 by choosing the right options strategy for each moment
dealer profile → trade prescription

• Timing is everything- learn when to enter a trade (and when not to) using the dealer gamma framework
  
  
• Choose your strikes with the help of the dealer profile— lean on this hidden asymmetry to select optimal strikes for your options strategies
  
  
• Learn why selling spreads beats selling options in this regime
  
  
• How to make BIG money on BIG moves... even when you get run over selling spreads

Structuring the right options trade for your view can be daunting— even for experienced traders. I've spent over 15 years making hundreds of discretionary trades and adjustments per day.
From now on we will run ONE session per month... OPEX

 

Thanks @GOODMEN