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How Does Low Gamma Affect a Delta-Hedged Position?

Low Gamma means the Delta of the position changes slowly as the underlying price moves. This is desirable for a Delta-hedged position because it requires less frequent rebalancing (re-hedging) to maintain the Delta-neutral status, reducing transaction costs.

What Is the “Gamma” of an Option and Why Is It Important for Dynamic Hedging?
How Does ‘Gamma’ Risk Complicate the Process of Maintaining a Delta-Neutral Hedge?
How Do Rebalancing Strategies for Concentrated Liquidity Positions Differ from Those for Traditional AMMs?
How Does a Portfolio Rebalancing Strategy Compare to Providing Liquidity in a High-Volatility Environment?