Dealer positioning
BankNifty Gamma Desk · Monthly
Where dealers are pinned on Bank Nifty's monthly contract -- NSE lists no weekly Bank Nifty options, so monthly is the only one.
Unvalidated · not backtestedWhat this means for you
No gamma reading this cycle.
Without it there is no way to know whether dealer hedging will amplify a move or damp it. Assume the range is damped: trade smaller, take the level-to-level move rather than paying up for a breakout that may be sold into.
Gamma Heatmap OI-weighted · 1-min
Strong +γ
+γ
Neutral
−γ
Strong −γ
+γ Wall
Spot
−γ Wall
Flip