Flip Point (F)
Where net gamma crosses zero. Above = low vol regime, Below = high vol regime.
The Flip Point marks where net GEX crosses zero — the boundary between volatility regimes.
- Above flip: Positive gamma regime → low volatility, mean reversion
- Below flip: Negative gamma regime → high volatility, momentum
- Crossing the flip point = major regime change signal
How to trade:
- If price is above F: Favor range-bound strategies, sell premium
- If price is below F: Favor momentum strategies, buy volatility
- If price is at F: Be cautious — the regime is uncertain
See also: Stability Point (S), Volatility Point (V)