CDNS gamma levels.
Where CDNS tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- CDNS $340.39 · down 2.06% on the day · negative gamma overall (slippery: moves tend to extend)
- Levels: ★ Volt — biggest level 370 (above price · 29.61 / 8.70% away); ↯ Surge — live flow 345 (above price · 4.61 / 1.35% away); ‖ call wall — sticky, but below price · not a ceiling from here 320 (below price · 20.39 / 5.99% away); ‖ put wall — slippery, but above price · not a floor from here 370 (above price · 29.61 / 8.70% away); ↘ Reversal 320 (below price · 20.39 / 5.99% away)
- Expected move today ±7.87
- Strikes nearest the money (high to low): 347.5 slippery, 345 sticky, 342.5 sticky, 340 sticky, 337.5 slippery, 335 sticky
- Since yesterday's close, positioning faded at 342.5, 370.
- ATM implied volatility 32.0%