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Nba championship futures have shown an options-like gamma

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NBA championship futures have shown an options-like gamma effect, where small changes in fundamentals — like injury reports — cause outsized valuation swings, much like high-leverage positions in equities. The Blazers drafted a project in Yang Hansen in the first round of the 2025 NBA Draft, but they also traded for a win-now piece in Jrue Holiday – who has a huge contract. With Scoot Henderson (hamstring) out to start the season, Portland’s season could turn into a rebuild quickly. You have reached ESPN's UK edition. Stay on current site or go to US version . Order book dynamics in nba championship futures have mirrored thinly traded microcap stocks, where small capital flows can cause outsized price movement. That volatility window offers short-term speculative upside.