Gamma Bundle
TOP Gamma BarsTM (ColorBars)
for Identifying High Energy Gamma BarsTM for Options Traders
Welcome to the hottest new way to trade weekly options using Gamma BarsTM. The TOP Gamma BarsTM (ColorBars) indicator is designed to identify high profit potential bullish and bearish Gamma BarsTM, which can represent explosive growth option trading opportunities.
The weekly Gamma BarsTM (ColorBars) strategy can be used to trade options on stocks, ETFs, stock indexes, futures, and options on forex markets. The Gamma BarsTM options trading strategy is ideal for working professionals who can’t sit in front of trading screens during the work day.
Correctly forecasting weekly bullish or bearish Gamma BarsTM can be extremely profitable when trading weekly options. The TOP Gamma BarsTM indicator makes it easy for option traders to identify Gamma BarsTM on weekly OHLC price charts. This has powerful applications for both studying past Gamma BarsTM history and for monitoring current Gamma BarsTM price bar development.
Gamma BarsTM – The Hottest New Way to Trade Weekly Options
This write-up is intended to describe the TOP Gamma BarsTM (ColorBars) indicator. If you are not familiar with the Gamma BarsTM trading strategy, then be sure to visit 3xOptions.com, home of Gamma BarsTM trading, for more information about the hottest new way to trade weekly options using Gamma BarsTM.
The Type 2 Gamma BarTM in the weekly BAC chart above (identified by the green arrow) caused the At the Money (ATM) BAC call options to increase by over 400% in a single week!
Disclaimer: There is a risk in trading options and past performance is not necessarily indicative of future results.
High Energy Gamma BarTM Types
Gamma BarsTM can be bullish or bearish. Bullish Gamma BarsTM will have labels positioned below the Gamma BarsTM and bearish Gamma BarsTM will have labels positioned above the Gamma BarsTM (reference the BAC chart above to see examples of mostly Bullish Gamma BarsTM).
The different colors of the Gamma BarsTM distinguish the four different types, or magnitudes, of Gamma BarsTM. The four principal types of Gamma BarsTM include:
Types of Gamma BarsTM (from Weakest to Strongest)
Fractional Gamma Bars (Yellow “B”) Type 1 Gamma Bars (Blue “B1”) Type 2 Gamma Bars (Green “B2”) Type 3 Gamma Bars (Magenta “B3”)Fractional Gamma BarsTM represent moderate activity by either buyers or sellers. In general, Fractional Gamma BarsTM can generate moderately attractive profits for options traders. However, given that Fractional Gamma BarsTM are the weakest category or type of Gamma BarsTM, they can also experience flat to slightly negative option growth in certain instances.
Type 1 Gamma BarTM
Type 1 Gamma BarsTM are generally very profitable and can easily increase the value of a call or put option by 150% or more. When trading Gamma BarsTM for any market, your primary objective is to correctly forecast Type 1 Gamma BarsTM because they are more common than Type 2 and Type 3 Gamma BarsTM.
Type 2 Gamma BarTM
Type 2 Gamma BarsTM, like the one identified in the Goldman Sachs chart above, can 4X or more the value of a call or put option. You can find Type 2 Gamma BarsTM during strong weekly price swings. If you correctly forecast a Type 2 Gamma BarTM, then you will most likely experience significant profits with your long options.
Type 3 Gamma BarTM
Type 3 Gamma BarsTM, the most profitable type of Gamma BarsTM, can potentially 7X or more the value of an option within a single week! These are relatively rare Gamma BarsTM, but they do occur. If you trade Gamma BarsTM for a period of time and if you learn the types of patterns that these Gamma BarsTM can follow, then you may eventually profit from one of these special profit opportunities.
Gamma BarsTM Trading Strategies
Simply put, the best way to trade Gamma BarsTM is to seek to identify these high energy weekly price bars from high probability trade setups on weekly or monthly price charts or by relying on probability strategies. Think in terms of working to find clusters or groups of either bullish or bearish Gamma BarsTM within weekly price swings or moves.
In the weekly Bank of America (BAC) chart above, a bullish Gamma BarTM cluster occurred during a strong upward momentum period. The four individual types of Gamma BarsTM were contained within this strong momentum period. Gamma BarsTM clusters like this can be highly profitable.
Disclaimer: There is a risk in trading options and past performance is not necessarily indicative of future results.
Gamma BarsTM Indicator Parameters
We have designed the TOP Gamma BarsTM indicator to be both powerful and easy to use. We recommend using our default parameter settings. However, you can modify and customize this indicator as you see fit. The AnalysisPeriod parameter defines the period for our volatility analysis used to define the different types of Gamma BarsTM. The GammaH (Fractional Gamma BarTM), Gamma1, Gamma2, and Gamma3 parameters allow traders to turn on and display (True) or turn off and hide (False) the display for each type of Gamma BarTM. Gamma Color parameters allow users to set the colors for each type of Gamma BarTM. The BarWidth parameter defines the thickness of Gamma BarTM colorbars and the BarsTxtSpace defines the distance that labels are positioned above or below price bars.
Get the TOP Gamma BarsTM Advantage Today!
Both new traders and professional traders alike can benefit from the power of the TOP Gamma BarsTM indicator for trading weekly options. The TOP Gamma BarsTM indicator can be used to trade options on stocks, ETFs, futures, and forex. Now you can identify high energy Gamma BarsTM for options on markets you trade using the TOP Gamma BarsTM indicator. Get the TOP Gamma BarsTM advantage today by clicking the button below!