As volatility falls,the gamma of deep in-the-money and out-of-th

Gamma Option and Volatility
As volatility falls, the gamma of at-the-money options increases, the gamma of deep in-the-money and out-of-the-money options decreases.


out of money call prices appreciates the fatest when bullish news first hit, the its gamma get used to it, like bidu before and after goog quits china