CAT gamma levels.

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

• CAT $816.50 · up 0.00% on the day · positive gamma overall (moves grind and levels hold)
• Levels: ★ Volt — biggest level 815 (below price · 1.50 / 0.18% away); ↯ Surge — live flow 830 (above price · 13.50 / 1.65% away); ‖ call wall — sticky, but below price · not a ceiling from here 815 (below price · 1.50 / 0.18% away); ‖ put wall — floor, slippery 750 (below price · 66.50 / 8.14% away); ⚡ gamma flip 807.62 (below price · 8.88 / 1.09% away); ↘ Reversal 750 (below price · 66.50 / 8.14% away)
• Expected move today ±29.1 · pre-open reference
• Strikes nearest the money (high to low): 822.5 positive, 820 positive, 817.5 positive, 815 positive, 812.5 positive, 810 negative
• Since yesterday's close, positioning grew at 850, 880, 900 and faded at 750, 760, 785.
• Event pricing: the options market prices an unusually large move into 2026-10-30 (±$107.66 by that date, about 1.9x 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 38.8%