gamma scalping
n.— «Gamma scalping, when done correctly, allows traders to profit from small daily movements in the underlying stock. This scalping pays for the decay while the investor waits for a large movement in the underlying investment.» —“All Straddles Aren’t Equal: A way to make money in any market” by Mark Longo Traders Oct. 4, 2006. (source: Double-Tongued Dictionary)
Further reading
In 1971, when a new public library opened in Troy, Michigan, famous authors and artists were invited to write letters to the city’s youngest readers, extolling the many benefits of libraries. One of the loveliest was from E.B. White, author of...
It’s hard to imagine now, but there was a time when people disagreed over the best word to use when answering the phone. Alexander Graham Bell suggested answering with ahoy! but Thomas Edison was partial to hello! A fascinating new book about...