CAKE gamma levels.
Where CAKE tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, 15-minute delayed and free.
- CAKE $114.00 · up 7.82% on the day · positive gamma overall (moves grind and levels hold)
- Levels: ★ Volt, the biggest level 120 (above price · 6.00 / 5.26% away); ↯ Surge, live flow 110 (below price · 4.00 / 3.51% away); ‖ call wall — ceiling, sticky 120 (above price · 6.00 / 5.26% away); ‖ put wall — floor, slippery 105 (below price · 9.00 / 7.89% away); ⚡ gamma flip 105.51 (below price · 8.49 / 7.45% away); ↘ Reversal 105 (below price · 9.00 / 7.89% away)
- Expected move today ±12.4 · pre-open reference
- Strikes nearest the money (high to low): 125 positive, 120 positive, 115 positive, 110 positive, 105 negative, 100 negative
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level above price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 87.5, 120, 130 and faded at 95, 100, 105.
- ATM implied volatility 42.4%