Another large holder has flattened a wave of 90k puts here. Now the gamma here is even larger.\nCurrently, both the put and call open interests at 90k are significant. It can also be considered a point of intense disagreement between bulls and bears.\nPositive gamma suppresses volatility, causing the fluctuations to narrow. Unless there is strong capital pushing away from this area.
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Another large holder has flattened a wave of 90k puts here. Now the gamma here is even larger.\nCurrently, both the put and call open interests at 90k are significant. It can also be considered a point of intense disagreement between bulls and bears.\nPositive gamma suppresses volatility, causing the fluctuations to narrow. Unless there is strong capital pushing away from this area.