Monday, February 23rd, 2026
Failed breakout to negative gamma, then liquidation to 600 gamma wall, then long off bounce of 600 gamma wall
Trade Info
- Number of trades: 4
- Trade #1:+Gamma BounceLONGSCRATCH(1 min OR upside breakout)
- Trade #2:+Gamma RejectionSHORTLOSS(1 min OR downside breakout)
- Trade #3:+Gamma RejectionSHORTWIN(1 min reoffer downside breakout)
- Trade #4:+Gamma BounceLONGWIN(Off stream)
Context & Trades
We opened in a moderately positive gamma area, and we said that the market may make an attempt to hit the prior day's VPOC in the upper distribution of Friday's profile. We did get an initial reaction, which unfortunately came back to our break-even stop, which was a scratch. We then attempted the secondary gamma unwind short below the one minute opening range but got stopped out for a full loss of 50p. (We noted that we could have cut this one short as soon as 1 min OR low was re-bid). We then reshorted a second attempt at the one-minute breakout low. Finally, heavy offers came on the tape and this short ultimately paid rather quickly for about 65 points.
Of important note - our original analysis of fading this secondary positive gamma zone and targeting the 600 gamma wall was ultimate correct and would have payed for over 200p+!
Trade Taken Off Stream
Full disclosure, and mentioned in the Discord as well, the final trade in this post was technically not in the stream - it was a long off the max 600 strike gamma wall was NOT included in the live stream, but here is a picture of it:
This was taken about 2 hours after the stream ended - and ending a net 65p on the day.
Overall a wild session. See you on the next one!
These streams are not financial advice nor signals; they demonstrate only how to use the VannaCharm dashboards. Please read our full risk disclosure to learn more.