BITO gamma levels.
Where BITO tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- BITO $10.45 · down 3.06% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 10 (below price · 0.45 / 4.31% away); ↯ Surge — live flow 11 (above price · 0.55 / 5.26% away); ‖ call wall — sticky, but below price · not a ceiling from here 10 (below price · 0.45 / 4.31% away); ‖ put wall — floor, slippery 7 (below price · 3.45 / 33.01% away); ↘ Reversal 7 (below price · 3.45 / 33.01% away)
- Expected move today ±0.16
- Strikes nearest the money (high to low): 11.5 sticky, 11 sticky, 10.5 sticky, 10 sticky, 9.5 sticky, 9 sticky
- Since yesterday's close, positioning grew at 10, 13 and faded at 10.5, 11, 11.5.
- ATM implied volatility 33.4%