
236: Gamma Exposure for Options Traders - Interview w/ Lex from Tradier
From The Option Alpha Podcast by Kirk Du Plessis
October 22, 2025 · 46 min · Episode 236
About this episode
Kirk Du Plessis interviews Lex from Tradier about gamma exposure and its impact on options trading.
Gamma is one of the most misunderstood yet powerful forces driving options markets. In this episode, Kirk sits down with Lex from Tradier to break down gamma exposure (GEX) — what it is, why it matters, and how it quietly shapes market movement. Together, they unpack how professional traders use gamma to stay delta-neutral, manage risk, and interpret shifting liquidity, while retail traders can use it to better understand price behavior and volatility. Lex explains the difference betwee...
People in this episode
Host: Kirk Du Plessis
Guest: Lex
Topics covered
- gamma exposure
- options trading
- market movement
- risk management
- price behavior
- volatility
Keywords
- gamma
- options
- traders
- delta-neutral
- risk
- liquidity
- volatility
Mentioned in this episode
Organizations: Tradier
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