In-depth answers on your most common options trading and technology questions.
In a very technical sense, a long gamma means that the delta of the trader's position will increase by a certain amount described by gamma for each $1 move in the underlying stock. Now, let’s cut through that jargon and simplify a bit (without oversimplifying).
A cop out answer to this question is any option trading strategy that results in a profit! But certainly that is not the answer you are looking for, so let's go to a more detailed answer.
