Short Gamma
As the end of the year approaches the whole money management industry faces career risk. This pressure pushes managers to buy the hot names out of FOMO and sets up conditions for a swift sell off if the momentum can't hold.
As the end of the year approaches the whole money management industry faces career risk. This pressure pushes managers to buy the hot names out of FOMO and sets up conditions for a swift sell off if the momentum can't hold.