This is an aggressively active service that will dynamically hedge equity options positions by trading the underlying stock against the options. Gamma is an estimate of how much the delta of an option may change when the price of the stock moves $1.00. Most of our positions will be long gamma, meaning that we will “net” own options, which, when aggregated, will generally provide long gamma position that will allow us to profit from movement on the underlying equity. These positions are isolated through the use of proprietary search algorithms and then traded by algorithmic auto trading. The algorithms search for mispriced or underpriced options versus their respective underlying movements.