Editing Openai/691df491-0d78-8005-ad11-12760f0fa16d (section)

=== User: While you learn something new every day, I had no idea that because, um, they sell so many calls, and if you pay attent… ===
While you learn something new every day, I had no idea that because, um, they sell so many calls, and if you pay attention to implied volatility to keep rising like that, that means they're short gamma, or short calls. And what does it mean to be short gamma? Can you explain to me exactly what gamma is? Because I know that these market makers, they're the people that own the shares of the company, and they're selling, uh, calls to make profit off of us. And they expire worthless to get the profits, like selling, um, what, cash covered, uh, calls, or naked calls, or naked puts. So what does it mean for them to be short gamma? I'm trying to understand it, because this is, this is something very important to know, and watch out for in the future, because this right here could help dictate how early something is about to go, or if there's a big something on the way.