Since this forum is all about options trading, I thought you guys might enjoy this article. It talks about market makers, how they take the other side of most of our trades, and then have to hedge against movements in the underlying. It also helps explain some of the oversized moves that we’ve seen lately, where the market moves much farther than what seems to be justified by the news.

Here is the link:

https://www.advisorperspectives.com/articles/2026/05/18/gamma-momentum-recipe-moonshots-tears

Enjoy!