Gamma Exposure (GEX) Template

This is an Excel template designed for financial trade tracking, particularly focusing on options trading for specific underlying assets. Its core function is to track and analyze key trading parameters for specific stocks, in this case, the American Airlines Group Inc. - AAL.

In-use, one can input various data, such as the 'Underlying Price', 'Volume', 'Calls (Gamma Exposure)', 'Puts', and '%', to track the company's stock trading interactions. It also provides a provision for inputting data on 'Support & Resistance' levels, along with the respective 'Call Put Volume/Open Interest'. All these inputs enable the user to track and analyze the performance and trends associated with the concerned stock. A trader would find this template useful for several reasons. Firstly, it summarizes metrics such as price, gamma exposure, support and resistance levels, and call-put volume and open interest, hence enhancing trading efficiency. Secondly, it aids in making guided decisions by identifying key performance indicators like the underlying price, volume, and strike difference. Moreover, it allows for timely monitoring of any changes in these parameters, which is crucial in a dynamic market environment. Lastly, using this template can reduce the probability of errors that may occur when tracking these metrics manually, thus ensuring more accurate trading operations. For instance, with AAL, this template charts and tracks the underlying price for options, which currently stands at 11.4 with a call gamma exposure of 18,769,090 and puts at -5,507,477. It shows the support & resistance at given levels and the associated volumes. The Call and Put volumes along with open interest are also recorded. This is vital in predicting market trends and making informed trading decisions.