Ivolution Research Journal · Working paper

Initial-balance breakout, gamma-split

Breakouts of a narrow initial balance (first-hour range) continue at a higher rate than the matched baseline, and the edge concentrates in negative-gamma regimes; a symmetric SHORT leg is included so the test cannot be inflated by market drift.

MST-07 · v1·Proposed·Plausible — unproven·Microstructure

Cite as: MST-07: Initial-balance breakout, gamma-split. Ivolution Research Journal.

Publication status

The study is published as a working paper while a required data source remains unavailable. No result exists yet.

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Symbols

SPX · SPY · QQQ

Regimes

Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day

Horizons

close

MST-07: Initial-balance breakout, gamma-split — Ivolution Research Journal