APP gamma levels.

Where APP tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.

• APP $270.87 · down 2.23% on the day · negative gamma overall (moves tend to extend)
• Levels: ★ Volt, the biggest level 270 (below price · 0.87 / 0.32% away); ↯ Surge, live flow 275 (above price · 4.13 / 1.52% away); ‖ call wall — ceiling, sticky 400 (above price · 129.13 / 47.67% away); ‖ put wall — floor, slippery 270 (below price · 0.87 / 0.32% away); ↘ Reversal 400 (above price · 129.13 / 47.67% away)
• Expected move today ±19.1
• Strikes nearest the money (high to low): 277.5 negative, 275 negative, 272.5 negative, 270 negative, 267.5 negative, 265 negative
• Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
• Since yesterday's close, positioning grew at 255, 260, 270.
• Event pricing: the options market prices an unusually large move into 2026-11-06 (±$55.33 by that date, about 2.3x this board's normal daily move). On single names this is usually an earnings report. Descriptive of the market's own pricing, never a forecast.
• ATM implied volatility 56.0%